4429 Forest Street, Riverside, California 92507, Riverside, 92507 - 4 bed, 2 bath
ACTIVE$659,000
4429 Forest Street, Riverside, California 92507
4Beds
2Baths
1,652Sqft
7,100Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $659,000.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7100, living area = 1652.
Top Cons:
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $729,000 to $659,000, which may indicate initial overpricing or market resistance at higher price points.
Compared to the nearby listings
Price:$659.0K vs avg $652.9K (+$6,065)54%
Size:1,652 sqft vs avg 1,854 sqft40%
Price/sqft:$399 vs avg $36463%
More Insights
Built in 2025 (0 years old).
Condition: This property is a brand new home, built in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in all images. The kitchen features new white shaker cabinets, white quartz countertops, subway tile backsplash, and brand-new stainless steel appliances (still with protective film). Bathrooms are equally modern with matching vanities and tiled showers. The entire home boasts new grey-toned laminate flooring, fresh paint, and contemporary light fixtures/ceiling fans, indicating no deferred maintenance and meeting the highest quality standards for a newly constructed property.
Year Built
2025
Close
-
List price
$659K
Original List price
$729K
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
IV25247554
Home ConditionExcellent
Features
Good View: None
View-
About this home
Brand new home perfectly located close to downtown. UCR freeways ready to move in room for expansion add an ADU alley access builder provided sewer water electricty in rear yard ready to build another home or great backyard for small business or pool great school district
Condition Rating
Excellent
This property is a brand new home, built in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in all images. The kitchen features new white shaker cabinets, white quartz countertops, subway tile backsplash, and brand-new stainless steel appliances (still with protective film). Bathrooms are equally modern with matching vanities and tiled showers. The entire home boasts new grey-toned laminate flooring, fresh paint, and contemporary light fixtures/ceiling fans, indicating no deferred maintenance and meeting the highest quality standards for a newly constructed property.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7100, living area = 1652.
Brand New Construction: As a 2025 build, this is a brand new home, offering modern amenities, energy efficiency, and minimal immediate maintenance for the buyer.
Prime Location & Accessibility: The property is perfectly located close to downtown and UCR, with easy access to freeways, enhancing convenience for commuting, amenities, and potential for student rentals.
Significant ADU & Expansion Potential: The property offers ample room for expansion, including the addition of an ADU with alley access and builder-provided sewer, water, and electricity in the rear yard, presenting a strong value-add opportunity for rental income or customization.
Move-in Ready Condition: The home is described as 'ready to move in,' which is highly attractive to buyers seeking immediate occupancy without the need for initial renovations or repairs.
Desirable School District: Located within a 'great school district,' this property appeals to families and contributes positively to long-term property value and desirability.
Cons
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $729,000 to $659,000, which may indicate initial overpricing or market resistance at higher price points.
Absence of Scenic Views: The property description explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic or desirable outlooks from their home.
Potential for Urban Noise/Traffic: While its proximity to downtown and freeways is a strength for accessibility, it may also imply increased exposure to urban noise and traffic, which could be a concern for some buyers seeking a quieter residential environment.