4450 Beechwood, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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4450 Beechwood
Riverside, California 92506
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,839Sq Ft
9,148Lot Size
Property Price
LIST PRICE$720,000
EST. MARKET VALUE
$754,550
4% BelowMARKET VALUE
SUMMARY
This Classic California Ranch represents a Strong Value Opportunity, listed at $720,000—positioned well below the $754,550 Fair Market Value by 4%. This valuation gap provides $34,550 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Dual-Pane Windows, and an Entertainer’s Backyard with a Pool and Spa. While the local middle school rating is low, the property’s prime Wood Streets location ensures long-term stability. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Estimated Market Value
$754,550+$34,550 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4450 Beechwood Subject | $720,000* List Price | 3 | 2 | 1,839 | $410 | - |
A 5545 Tower Sold | $775,000 | 3 | 3 | 1,820 | $426 | 0.4 mi |
B 4910 Brockton Avenue Sold | $705,000 | 3 | 3 | 1,766 | $399 | 0.3 mi |
C 4423 Maplewood Place Sold | $690,000 | 3 | 2 | 2,034 | $339 | 0.5 mi |
D 6156 Elenor Sold | $599,900 | 3 | 2 | 1,774 | $338 | 0.9 mi |
E 5305 Palm Sold | $600,000 | 2 | 2 | 1,200 | $500 | 0.1 mi |
F 4686 Mcfarland Sold | $605,000 | 3 | 2 | 1,194 | $507 | 0.9 mi |
G 4735 Oakwood Place Sold | $650,000 | 2 | 2 | 1,544 | $421 | 0.3 mi |
H 3892 Oakwood Place Sold | $649,000 | 3 | 2 | 1,379 | $471 | 0.5 mi |
I 3920 Linwood Active | $725,000 List Price | 3 | 2 | 1,662 | $436 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1955, the home is well-maintained and move-in ready with significant upgrades including granite countertops, dual conventional ovens, and energy-efficient dual-pane windows. The original hardwood floors are in excellent condition, and the exterior features a functional pool and built-in BBQ area, suggesting a renovation cycle within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 9148, living area = 1839.
- Outdoor Entertainment Oasis
The private backyard is a premier entertainer’s retreat, featuring a sparkling swimming pool, built-in BBQ with refrigeration, and a fire pit, perfectly suited for the Southern California lifestyle.
- Prime Neighborhood Location
Situated in the highly desirable Wood Streets neighborhood, the property benefits from high demand, historic character, and iconic tree-lined streets that maintain strong long-term value.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle school carries a low rating of 2, which may be a deterrent for families prioritizing high-performance public education.
- Lack of Scenic Views
The property offers no significant views, which may limit its competitive edge against other Riverside homes that offer hillside or city light vistas.
About 4450 Beechwood
Classic 1955 California Ranch charm meets the ultimate Southern California lifestyle in this inviting 3-bedroom, 2-bath home nestled in Riverside’s desirable Wood Streets neighborhood. This beautiful home blends timeless mid-century character with thoughtful modern upgrades. Step inside to discover original hardwood flooring and a warm, inviting floor plan. The spacious living and dining areas are highlighted by a dual-sided fireplace, beautifully connecting the two spaces and creating a cozy focal point for entertaining or relaxing. Classic pocket doors offer the flexibility to open the spaces for gatherings or create separation when desired. The kitchen features granite countertops, a convenient breakfast counter, and dual conventional ovens, making it ideal for both everyday cooking and entertaining. Upgraded dual-pane windows add comfort and energy efficiency, while the dedicated laundry room provides added convenience. Step outside to your own private backyard retreat featuring a sparkling swimming pool and built-in BBQ with refrigerator and a fire pit creating the perfect setting for summer gatherings, outdoor dining and enjoying the beautiful Southern California weather. Additional features include a 2-car garage, mature landscaping and the character and charm of a classic Riverside Ranch home. Located in the beloved Wood Streets, this property offers the opportunity to enjoy an established neighborhood known for its tree-lined streets and distinctive homes. A classic California Ranch with original character, modern comforts, an entertainer’s backyard. This is a home you’ll want to experience in person!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Pachappa Elementary School
Grades PK-6 • 1.1 mi
6/10
Bryant Elementary School
Grades K-6 • 1.6 mi
5/10
Alcott Elementary School
Grades K-6 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,839 | 1,867.892 |
| Lot Size | 9,148 | 8,787.773 |
| Price | $720.0K | $692.3K |
| Price per sq ft | $392 | $386 |
| Built year | 1955 | 1980 |
| HOA | $0 | $151 |
| Days on market | 2 | 55 |
Pricing History
Listed for Sale
Sep 7, 2026
$720,000
Initial Listing
Sold
Aug 30, 1996
$139,000
Public Record