4776 Granada, Riverside, California 92504, Riverside, 92504 - 2 bed, 2 bath
PENDING$385,888
4776 Granada, Riverside, California 92504
2Beds
2Baths
1,253Sqft
6,970Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Established Neighborhood: Located on a beautiful tree-lined street in a quiet, established Riverside neighborhood, offering excellent long-term value and accessibility to major shopping centers, universities, and a public library.
Top Cons:
Extensive Renovation & 'As-Is' Sale: The property is a 'true fixer-upper' requiring a full remodel and is sold strictly 'as-is,' indicating significant immediate investment in time and capital for repairs and upgrades.
Compared to the nearby listings
Price:$385.9K vs avg $628.5K ($-242,612)2%
Size:1,253 sqft vs avg 1,586.5 sqft26%
Price/sqft:$308 vs avg $4128%
More Insights
Built in 1952 (73 years old).
Condition: This property, built in 1952, is explicitly described as a 'true fixer-upper' that 'requires a full remodel' and is being 'sold as-is.' The recommendation for 'cash or hard-money financing' strongly indicates that the property is not in a condition suitable for traditional lending, suggesting significant defects and a need for substantial repairs. The exterior images show severe neglect and overgrowth. The absence of interior photos, particularly of the kitchen and bathrooms, further supports the assessment that these key areas are likely in very poor, outdated, and potentially non-functional condition, requiring complete renovation.
Year Built
1952
Close
-
List price
$386K
Original List price
$386K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
TR25277138
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Welcome to 4776 Granada Ave, a true fixer-upper with tremendous potential, located on a beautiful tree-lined street in a quiet, established Riverside neighborhood. This property is ideal for investors or buyers looking to create their dream home from the ground up. Property shows as a 3-bedroom/2-bath, while Title reports it as a 2-bedroom/2-bath—buyer to verify. The home is conveniently located near major shopping centers, universities, and a public library, offering excellent long-term value and accessibility. The property features a long driveway leading to a rear garage, providing ample space for RV parking, a toy hauler, or multiple vehicles. The large lot offers outstanding potential with both a spacious front yard and a large gated backyard, perfect for expansion, ADU possibilities (buyer to verify), or outdoor living. This home requires a full remodel and is being sold as-is. Cash or hard-money financing is recommended, as traditional financing may not be suitable. A rare opportunity to unlock value in a prime Riverside location—don’t miss this diamond in the rough.
Nearby schools
4/10
Mountain View Elementary School
Public,•PK-6•1.1mi
6/10
Pachappa Elementary School
Public,•PK-6•1.3mi
4/10
Washington Elementary School
Public,•K-6•1.7mi
5/10
Alcott Elementary School
Public,•K-6•2.5mi
4/10
Sierra Middle School
Public,•7-8•0.4mi
4/10
Matthew Gage Middle School
Public,•7-8•1.7mi
2/10
Central Middle School
Public,•7-8•2.1mi
3/10
Chemawa Middle School
Public,•7-8•2.1mi
5/10
Ramona High School
Public,•9-12•0.7mi
7/10
Polytechnic High School
Public,•9-12•2.1mi
5/10
Arlington High School
Public,•9-12•2.7mi
Condition Rating
Poor
This property, built in 1952, is explicitly described as a 'true fixer-upper' that 'requires a full remodel' and is being 'sold as-is.' The recommendation for 'cash or hard-money financing' strongly indicates that the property is not in a condition suitable for traditional lending, suggesting significant defects and a need for substantial repairs. The exterior images show severe neglect and overgrowth. The absence of interior photos, particularly of the kitchen and bathrooms, further supports the assessment that these key areas are likely in very poor, outdated, and potentially non-functional condition, requiring complete renovation.
Pros & Cons
Pros
Prime Location & Established Neighborhood: Located on a beautiful tree-lined street in a quiet, established Riverside neighborhood, offering excellent long-term value and accessibility to major shopping centers, universities, and a public library.
Significant Lot Size & ADU Potential: A large 6,970 sqft lot with spacious front and gated backyard, providing outstanding potential for expansion, outdoor living, and possible Accessory Dwelling Unit (ADU) development (buyer to verify).
Value-Add Investment Opportunity: Presented as a 'true fixer-upper' with 'tremendous potential,' ideal for investors or buyers seeking to customize and create their dream home, offering a clear path to unlock significant equity.
Ample Parking & RV Access: Features a long driveway and rear garage, offering generous space for multiple vehicles, including RV parking or a toy hauler.
Proximity to Quality Schools: Conveniently located near several public schools, including highly-rated elementary and high schools, enhancing its appeal for families.
Cons
Extensive Renovation & 'As-Is' Sale: The property is a 'true fixer-upper' requiring a full remodel and is sold strictly 'as-is,' indicating significant immediate investment in time and capital for repairs and upgrades.
Challenging Financing Options: Traditional financing may not be suitable, with cash or hard-money financing recommended, severely limiting the potential buyer pool.
Discrepancy in Bedroom Count: A notable difference exists between the property's apparent 3-bedroom configuration and the 2-bedroom count reported by Title, requiring buyer verification and potentially impacting value or usability.