4801 Jackson B, Riverside, California 92503, Riverside, 92503 - 2 bed, 1 bath
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Riverside, California 92503
This 2-bedroom condominium represents a Strong Value Opportunity, listed at a List Price of $345,000—positioned slightly above the $323,062 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, it offers a proven rental history and a rare, large private backyard. The gated community setting and attached garage provide essential security and convenience. This asset is well-suited for Buy-and-Hold Investors seeking immediate rental income or first-time buyers looking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4801 Jackson B Subject | $345,000* List Price | 2 | 1 | 968 | $334 | - |
A 4861 Jackson D Sold | $378,885 | 2 | 1 | 980 | $387 | 0.1 mi |
B 4801 Jackson C Active | $425,000 List Price | 3 | 2 | 1,223 | $348 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old. While it has been 'refreshed' with new interior paint and carpet, the kitchen and bathroom remain significantly dated with original-style wood cabinetry and laminate countertops. The unit appears functional and move-in ready, but the age of the core finishes and likely older systems require modernization to meet current standards.
The property features a large backyard with no rear neighbors, providing a rare level of privacy and outdoor versatility seldom found in condominium living.
The inclusion of an attached garage plus an additional parking spot within a gated community offers superior security and convenience for residents.
Recently refreshed with new interior paint and boasting a proven rental history, this unit is positioned for immediate occupancy or seamless integration into a rental portfolio.
The 2-bedroom, 1-bathroom configuration may limit appeal for families or co-living arrangements compared to units with a second bathroom.
Built in 1972, the property may require future capital improvements to aging systems or structural components common in older developments.
Welcome to 4801 Jackson St Unit #B, Located in the heart of Riverside. This 2 bed 1 bath is a fantastic opportunity for both homeowners and investors alike. This well located condo has been recently refreshed with new interior paint, offering a clean and inviting space ready for its next chapter. Previously rented for the past year, this property presents a proven income opportunity or a comfortable place to call home. One of its standout features is the large backyard with no rear neighbors, providing added privacy and space to relax, entertain, or personalize to your liking. Situated within a gated community, you’ll enjoy an added sense of security, peace of mind with your own parking spot and attached garage. The location couldn’t be more convenient, just minutes from shopping, dining, and with easy access to major freeways, making commuting a breeze. This is a rare chance to secure a versatile property in a prime Riverside location. Whether you’re looking to live in or expand your investment portfolio, this condo checks all the boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.5 | 38% |
| Square foot | 968 | 1,300 | 13% |
| Lot Size | 1,306 | 1,353.5 | 38% |
| Price | $345.0K | $458.0K | 13% |
| Price per sq ft | $356 | $365 | 50% |
| Built year | 1972 | 1991 | 25% |
| HOA | $280.0 | $280 | 50% |
| Days on market | 0 | 164 | 13% |
May 8, 2026
$345,000
Initial Listing
May 27, 2009
$58,000
Public Record
Oct 11, 2005
$212,000
Public Record
May 29, 2002
$97,000
Public Record
Mar 17, 2000
$58,000
Public Record