
Riverside, California 92503
This Modernized Value-Add Condominium is a Strong Value Opportunity, listed at $425,000—positioned well below the $464,820 Fair Market Value by 8%. This valuation gap provides $39,820 in Instant Equity for the buyer. Boasting a Good Condition Rating, the home features a newly remodeled kitchen with quartz countertops, an EV charger, and a versatile garage conversion. Located in the gated Queen Anne community within the Riverside Unified district, residents enjoy a pool and private patio. This is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting a stable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4801 Jackson C Subject | $405,000* List Price | 3 | 2 | 1,223 | $348 | - |
A 4861 Jackson D Sold | $378,885 | 2 | 1 | 980 | $387 | 0.1 mi |
B 4807 Jackson D Sold | $395,000 | 2 | 1 | 980 | $403 | 0.1 mi |
C 4801 Jackson B Active Under Contract | $345,000 List Price | 2 | 1 | 968 | $356 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but features a newly remodeled kitchen with quartz countertops and a modern backsplash. The home is move-in ready with updated systems including central HVAC and an EV charger. While some elements like the kitchen cabinets and lighting are older, the overall maintenance and recent functional upgrades qualify it for a Good rating.
The home features a newly remodeled kitchen with quartz countertops and a modern backsplash, offering a contemporary aesthetic and immediate move-in readiness.
Residents benefit from a gated community with a pool and an EV charger, all while maintaining a relatively low monthly association fee of $190.
The conversion of the original garage into an additional room provides extra square footage and versatility, complemented by a private patio with no rear neighbors for added privacy.
The conversion of the garage into a living space leaves the unit with only one carport, which may be a limitation for households with multiple vehicles or specific storage needs.
As a 1970s condominium, the property lacks the privacy and yard space of a detached home, situated within a dense residential complex.
Welcome to this charming move-in-ready home located in the gated Queen Anne community. This two-story home, approx. 1,223 sq ft of living space features 3 bedrooms and 2 bathrooms. The original garage has been converted into an additional room on the main level. An open living and dining area flows into the kitchen, which has been newly remodeled with quartz countertops, a modern backsplash, and a new hood. There is under-stair storage. Upstairs is the master bedroom with a huge closet and ceiling fan, as well as a second full bathroom and a secondary bedroom. Central heating & cooling, in-unit laundry, electric vehicle charging port. Private Patio with no neighbors directly behind the unit. gated entry, community pool, 1-carport parking at side door, and multiple parking spaces for additional cars or Guest parking. Located with easy access to the 60 and 91 freeways for commuting. Shopping, dining, Bus services, and schools are nearby.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,223 | 1,300 | 38% |
| Lot Size | 1,307 | 1,353.5 | 50% |
| Price | $405.0K | $458.0K | 38% |
| Price per sq ft | $331 | $359 | 38% |
| Built year | 1972 | 1991 | 25% |
| HOA | $190.0 | $280 | 13% |
| Days on market | 51 | 164 | 13% |
Jun 1, 2026
$405,000
$425,000
-5% Price Drop
Initial Listing
Apr 17, 2026
$425,000
Initial Listing
Aug 24, 2017
$410,000
Public Record
Aug 19, 1994
$42,000
Public Record