
Riverside, California 92504
This Single Family Residence represents a Strong Value Opportunity, listed at $598,000—positioned well below the $555,374 Fair Market Value by -7%. While the property is priced slightly above the current estimation, its Fair Condition Rating and lack of HOA fees provide a stable foundation for long-term value. Featuring original wood flooring, dual-pane windows, and a wood-covered patio, the home offers immediate comfort with potential for cosmetic modernization. This is an ideal acquisition for first-time buyers or growing families seeking a well-maintained, single-story home in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4737 Toyon Road Subject | $598,000* List Price | 3 | 2 | 1,221 | $461 | - |
A 5911 Green Valley Sold | $585,000 | 4 | 2 | 1,347 | $434 | 0.6 mi |
B 8614 Camelia Sold | $617,000 | 3 | 2 | 1,288 | $479 | 0.4 mi |
C 4356 Snowberry Sold | $605,000 | 4 | 2 | 1,428 | $424 | 0.5 mi |
D 8536 Brunswick Sold | $624,000 | 3 | 2 | 1,288 | $484 | 0.3 mi |
E 6853 Morningside Sold | $620,000 | 3 | 2 | 1,260 | $492 | 0.6 mi |
F 8673 Camelia Dr Sold | $605,000 | 3 | 2 | 1,288 | $470 | 0.4 mi |
G 5865 Green Valley Street Sold | $600,000 | 3 | 2 | 1,280 | $469 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this home is well-maintained but dated. While the bathrooms have been updated with newer tile work and fixtures, the kitchen remains significantly dated with older wood cabinetry and tile countertops (likely >20 years old). The presence of original wood flooring and popcorn ceilings, despite the addition of dual-pane windows, places the overall condition in the fair category as it requires cosmetic modernization.
The property offers an excellent entry point for buyers with no HOA fees and low property taxes, significantly reducing the total monthly cost of ownership.
This home features a desirable blend of original wood flooring and essential modern upgrades, including dual-pane windows and two fully updated bathrooms.
A generous 6,534 sqft lot includes a wood-covered patio and a large lawn, providing ample space for outdoor dining, gardening, and potential future enhancements.
As a 1959 'heirloom' home, buyers should anticipate potential maintenance or modernization needs typical of properties from this era that may not be immediately visible.
With 1,221 square feet distributed across three bedrooms, the interior layout may feel restrictive for larger families or those accustomed to more expansive modern floor plans.
Discover this lovingly-maintained heirloom home on 4737 Toyon Road in the Ramona neighborhood! Featuring 3 bedrooms and 2 updated bathrooms, this single-story home offers a bright and inviting floor plan designed to ensure a comfortable lifestyle. Original wood flooring and natural light fills the living and dining areas, while the kitchen opens to a cozy breakfast nook, both ideal for everyday living and entertaining guests. The secondary bathroom and laundry area, along with a door to the sideyard, are conveniently located next to the kitchen. Dual-pane windows throughout provide year-round comfort. Step outside through the sliding glass door to a good size backyard featuring a wood covered patio, great for outdoor dining, relaxing, weekend barbecues, and family gatherings. The generous lawn offers plenty of space for children, pets, gardening, or future outdoor enhancements. Easily accessible near schools, parks, shopping, dining, and the many conveniences along Arlington Avenue, you'll enjoy easy access to everything you need while living in an established neighborhood. With low property taxes, no HOA, and a prime Riverside location, this home is an outstanding opportunity for first-time buyers, growing families, or anyone looking for single-story living. Schedule your private tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,221 | 1,867.892 |
| Lot Size | 6,534 | 8,787.773 |
| Price | $598.0K | $692.3K |
| Price per sq ft | $490 | $386 |
| Built year | 1959 | 1980 |
| HOA | $0 | $151 |
| Days on market | 34 | 55 |
Aug 6, 2026
$598,000
Initial Listing
Jun 29, 2017
$294,500
Public Record