4500 Highland Place, Riverside, California 92506, Riverside, 92506 - 6 bed, 3 bath
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Riverside, California 92506
Analysis of 4500 Highland Place, Riverside, California 92506 is currently available with a list price of $799,950. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
This 1910-built property is explicitly marketed as a fixer-upper and shows significant signs of deferred maintenance. Interior images reveal visible water damage on the ceilings, peeling wallpaper, and heavily worn original hardwood floors. The bathrooms and kitchen areas feature severely outdated fixtures and finishes, while other rooms contain aged shag carpeting. Substantial investment is required for structural repairs, system modernizations, and cosmetic rehabilitation to make the home meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27878, living area = 3222.
Situated in the highly sought-after Wood Streets neighborhood with views of Mt. Rubidoux, this property offers exceptional prestige and long-term value in a desirable Riverside enclave.
The massive 27,878 sqft lot provides a rare canvas for expansion, including the potential for an ADU, a custom pool, or a large-scale outdoor entertainment oasis.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3222, other record living area = 2382. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Explicitly listed as a fixer-upper, the property will require a substantial capital investment to address deferred maintenance and modernize its systems and finishes.
The current configuration of 6 bedrooms to only 2.5 bathrooms is insufficient for modern luxury standards and will likely require a floor plan reconfiguration during the remodel.
Nestled in the highly sought-after Wood Streets neighborhood of Riverside, this spacious 6-bedroom, 2.5-bathroom fixer presents a rare opportunity to create something truly special. Ideally situated in a prime location overlooking Mt. Rubidoux, the property offers both charm and incredible potential. The home features original hardwood flooring, classic built-ins, and architectural details that reflect the home’s timeless character. Set on a large lot, the property provides ample outdoor space with endless possibilities—expand, add an ADU, design a dream backyard, or create an entertainer’s oasis. The layout offers flexibility for modern updates while preserving the historic charm that makes this neighborhood so desirable.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades K-6 • 1.5 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 3,222 | 1,896 | 85% |
| Lot Size | 27,878 | 9,801 | 83% |
| Price | $800.0K | $723.8K | 64% |
| Price per sq ft | $248 | $384 | 1% |
| Built year | 1910 | 1963 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 176 | 1% |
Apr 9, 2026
$799,950
Initial Listing