
Riverside, California 92506
This Historic Wood Streets Bungalow is a Strong Value Opportunity, listed at $539,900—positioned well below the $564,498 Fair Market Value by 4%. This valuation gap offers $24,598 in Instant Equity. Featuring a New Roof & A/C System and a 6,970 sqft lot with RV Access, the property holds a Condition Rating of 4, inviting cosmetic updates to maximize value. Ideally located near Mt. Rubidoux and Riverside Unified schools, this is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4443 Highland Place Subject | $539,900* List Price | 3 | 2 | 1,096 | $515 | - |
A 4685 Rosewood Sold | $580,000 | 3 | 1 | 1,162 | $499 | 0.4 mi |
B 3980 Linwood Sold | $585,000 | 2 | 2 | 1,059 | $552 | 0.5 mi |
C 4390 Edgewood Sold | $580,000 | 2 | 2 | 960 | $604 | 0.5 mi |
D 3979 Bandini Sold | $472,000 | 2 | 1 | 1,069 | $442 | 0.4 mi |
E 6041 Hamilton Sold | $575,000 | 3 | 2 | 1,303 | $441 | 1.0 mi |
F 4621 Beverly Court Sold | $640,000 | 3 | 2 | 1,306 | $490 | 0.8 mi |
G 4045 Elmwood Court Sold | $536,500 | 2 | 1 | 924 | $581 | 0.3 mi |
H 3992 Linwood Place Sold | $535,000 | 2 | 1 | 952 | $562 | 0.4 mi |
I 4781 Brockton Avenue Pending | $545,000 List Price | 3 | 1 | 1,176 | $463 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts a new roof and HVAC system, the interior is dated. The kitchen and bathrooms feature finishes and fixtures likely over 20 years old, including oak cabinetry and an older shower stall, requiring cosmetic updates to meet modern standards.
Situated in the highly desirable Historic Wood Streets neighborhood on a quiet cul-de-sac, the property offers exceptional walkability to Mt. Rubidoux trails, downtown dining, and local parks.
The home features a brand-new roof and a recently installed A/C system, significantly reducing immediate maintenance costs and providing long-term peace of mind for the buyer.
The spacious 6,970 sqft lot includes RV access and a private backyard with a new storage shed, offering ample room to add a pool or a secondary dwelling unit (casita).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,096 square feet of living space for a three-bedroom configuration, the interior layout may feel restrictive for families requiring larger common areas or bedrooms.
While the high school is well-rated, the assigned middle school has a low rating of 2, which may be a deterrent for families prioritizing high-performing local education.
Nestled on a quiet cul-de-sac in the heart of the highly desirable HISTORIC WOOD STREETS ! neighborhood , 3-bedroom, 2-bath bungalow offers an unbeatable lifestyle. You’ll be within walking distance of Mt. Rubidoux hiking trails, parks, schools, Riverside Community Hospital, and downtown’s vibrant shops and dining. The interior features comfy size bedrooms and INDOOR LAUNDRY ROOM, NEW ROOF & A/C SYSTEM has recently been installed. The spacious backyard is a true highlight. Plenty of space to build a casita or add a pool. offering complete privacy with a vinyl fence and RV access, new storage shed. Perfect for those seeking a blend of comfort, privacy, and prime location!
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades K-6 • 1.5 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,096 | 1,723 |
| Lot Size | 6,970 | 8,712 |
| Price | $539.9K | $676.0K |
| Price per sq ft | $493 | $395 |
| Built year | 1928 | 1977 |
| HOA | $0 | $125 |
| Days on market | 5 | 58 |
Jul 17, 2026
$539,900
Initial Listing
Jul 9, 2019
$350,000
Public Record
Dec 20, 2005
$240,000
Public Record