4409 Challen Avenue, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath
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Riverside, California 92503
This Single Family Residence is a Strong Value Opportunity, listed at $645,000—positioned well below the $691,202 Fair Market Value by 6%. This valuation gap offers $46,202 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a renovated kitchen, solar panels, and a versatile converted garage on a large 7,841 sqft lot. Located in the Riverside Unified district, this property balances financial upside with move-in readiness, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4409 Challen Avenue Subject | $645,000* List Price | 4 | 2 | 1,500 | $461 | - |
A 8971 Glencoe Drive Sold | $575,000 | 4 | 2 | 1,278 | $450 | 0.9 mi |
B 4064 Acacia Street Sold | $675,000 | 4 | 2 | 1,564 | $432 | 0.4 mi |
C 9152 Jersey Sold | $645,000 | 4 | 2 | 1,302 | $495 | 0.6 mi |
D 5653 Montgomery Sold | $620,000 | 4 | 2 | 1,300 | $477 | 0.7 mi |
E 4433 Bartel Sold | $585,000 | 3 | 2 | 1,284 | $456 | 0.1 mi |
F 4156 Acacia Active | $625,000 List Price | 4 | 2 | 1,500 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the home features a recently renovated kitchen and updated bathrooms with modern tile work and fixtures. The interior has been refreshed with newer laminate flooring and paint. Functional upgrades include solar panels and a mini-split HVAC system in the converted garage, making the home move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1500.
The recently renovated kitchen offers a fresh, contemporary feel and seamless integration with the living area, providing immediate value for move-in ready buyers.
The inclusion of solar panels is a significant asset that helps offset California's high utility costs while appealing to environmentally conscious homeowners.
The conversion of the garage into living space eliminates traditional covered parking and dedicated storage, which may be a deterrent for buyers with multiple vehicles.
Built in 1978, the home may require future capital expenditures for aging infrastructure or systems not explicitly mentioned as updated, such as roofing or plumbing.
Welcome home to Challen Ave! This charming single story home offers 4 bedrooms and 2 full bathrooms. When you walk into this home you are immediately greeted with a great sized living area that organically moves to the lovely kitchen that has just been renovated and well taken care of. The sliding doors in between has access to what the true draw of this home is, the amazing backyard perfect for entertaining! The garage has been converted to what can be a 5th bedroom, office or unlimited potentials! The property is also accompanied by solar panels. Conveniently located near schools, shops and minutes away from the 91 freeway. This home will not last, come make it yours today!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 1,618 | 44% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $645.0K | $660.0K | 46% |
| Price per sq ft | $430 | $397 | 61% |
| Built year | 1978 | 1983 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 148 | 1% |
May 30, 2026
$645,000
Initial Listing