4458 Hale, Riverside, California 92501, Riverside, 92501 - 3 bed, 2 bath
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Riverside, California 92501
This Turnkey Hybrid Asset is a Prime Investment Opportunity, listed at $599,000—positioned well below the $620,561 Fair Market Value by 3%. This valuation gap offers $21,561 in Instant Equity. Featuring a 2024 Comprehensive Remodel and an Excellent Condition Rating, the property includes a versatile studio-style area currently generating short-term rental income. Located near the Riverside Unified district, this property balances immediate cash flow with long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with supplemental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4458 Hale Subject | $599,000* List Price | 3 | 2 | 1,347 | $461 | - |
A 3790 Nuttree Sold | $550,000 | 3 | 2 | 1,154 | $477 | 0.6 mi |
B 3245 Chase Sold | $686,000 | 3 | 2 | 1,250 | $549 | 0.6 mi |
C 4557 Snake River Road Sold | $563,500 | 3 | 2 | 1,347 | $418 | 0.4 mi |
D 4194 Columbia Avenue Sold | $520,000 | 3 | 2 | 1,232 | $422 | 0.3 mi |
E 3024 Pine Sold | $750,000 | 3 | 2 | 1,802 | $416 | 1.0 mi |
F 4063 Honeysuckle Street Pending | $639,900 List Price | 3 | 2 | 1,240 | $516 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2024, featuring a modern kitchen with new appliances, updated bathrooms, and new flooring throughout. Key systems including the AC and furnace are brand new, and the home is in mint, move-in-ready condition, meeting the criteria for a renovation under 5 years old.
The property underwent extensive updates in 2024, including a new kitchen, bathrooms, flooring, and major mechanical systems like the AC and furnace, offering a truly move-in-ready experience.
Currently operating as a successful short-term rental with a versatile studio-style area, this home provides a turnkey opportunity for investors or homeowners looking for supplemental rental income.
Its proximity to Downtown Riverside, major freeways, and local amenities makes it highly attractive for both permanent residents and short-term guests seeking convenience.
At 1,347 square feet for a three-bedroom configuration, the interior living spaces may feel somewhat limited for larger families or those requiring expansive common areas.
The property does not offer any significant views, which may be a competitive disadvantage compared to other Riverside listings that feature hillside or city light vistas.
Welcome to 4458 Hale St, a beautifully remodeled Riverside property updated in 2024 and currently operating as a successful short-term rental. This move-in ready home features a remodeled kitchen, updated bathrooms, new flooring throughout, new appliances, a brand new AC and furnace system, and a new garage door. The property offers a versatile layout with a separate studio-style area currently utilized as part of the existing short-term rental operation. Furnishings are available for purchase separately, creating a turnkey opportunity for buyers seeking a primary residence, investment property, or both. Conveniently located near Downtown Riverside, shopping, dining, schools, parks, and major freeways. Buyer to independently verify all property information, uses, permits, square footage, and zoning.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.9 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,347 | 1,393.5 | 46% |
| Lot Size | 9,583 | 7,405 | 67% |
| Price | $599.0K | $579.0K | 52% |
| Price per sq ft | $445 | $399 | 63% |
| Built year | 1990 | 1958 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 170 | 2% |
Jun 9, 2026
$599,000
Initial Listing
Apr 26, 2019
$370,000
Public Record
Jan 11, 2001
$138,000
Public Record