4816 Sunnyside, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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Riverside, California 92506
This Single Family Residence represents a Strong Value Opportunity, listed at $575,000—positioned well below the $579,422 Fair Market Value by 0.76%. This valuation gap offers $4,422 in Instant Equity. With a Condition Rating of 4, the home features a newer HVAC system and updated bath, though the original kitchen offers a clear path for value-add renovations. The oversized 8,276 sq. ft. lot provides significant potential for an ADU. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4816 Sunnyside Subject | $575,000* List Price | 3 | 2 | 1,188 | $488 | - |
A 6725 De Anza Avenue Sold | $595,000 | 3 | 2 | 1,319 | $451 | 0.8 mi |
B 4744 Cover Sold | $456,000 | 2 | 3 | 1,067 | $427 | 0.4 mi |
C 4621 Beverly Court Sold | $640,000 | 3 | 2 | 1,306 | $490 | 0.7 mi |
D 6490 Palm Sold | $654,000 | 2 | 1 | 1,132 | $578 | 0.4 mi |
E 6795 Glacier Sold | $605,000 | 3 | 2 | 1,186 | $510 | 0.9 mi |
F 4660 Cover Street Active Under Contract | $580,000 List Price | 2 | 1 | 1,134 | $511 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property is well-maintained but dated. While it features a newer HVAC system and one updated bathroom, the kitchen remains in its original 1950s state and the hardwood floors show significant wear, requiring refinishing and modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1188.
Situated in the highly desirable Magnolia Center area, the property offers excellent proximity to shopping, dining, parks, and commuter routes, making it a sought-after neighborhood for resale value.
The oversized 8,276 sq. ft. lot provides significant outdoor living space and the potential to add an ADU or pool, offering great flexibility for future expansion and value-add opportunities.
While functional with newer appliances, the kitchen is in its original 1950s state and will likely require a full cosmetic renovation to meet modern aesthetic standards.
At 1,188 sq. ft. for a 3-bedroom, 2-bath home, the interior layout may feel somewhat constrained for buyers seeking spacious common areas or large master suites.
Charming single-story home located in a desirable neighborhood near Magnolia Center! This 3-bedroom, 2-bath home offers 1,188 sq. ft. of living space on a spacious 8,276 sq. ft. lot. Features include original hardwood floors, a comfortable family room, generously sized bedrooms, an updated hall bath and a charming original kitchen with a newer stove, newer dishwasher, and dining area. Additional upgrades include a newer HVAC system for year-round comfort. Enjoy outdoor living under the covered patio overlooking the oversized backyard with plenty of room for a pool, ADU (buyer to verify), garden, or play area. Mature lemon and fig trees add to the backyard's appeal. Conveniently located near Magnolia Center, shopping, dining, parks, schools, and commuter routes. A wonderful opportunity for first-time buyers, downsizers, or anyone looking to personalize a home with timeless character.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,188 | 1,723 |
| Lot Size | 8,276 | 8,712 |
| Price | $575.0K | $676.0K |
| Price per sq ft | $484 | $395 |
| Built year | 1950 | 1977 |
| HOA | $0 | $125 |
| Days on market | 6 | 58 |
Jul 16, 2026
$575,000
Initial Listing
Dec 1, 2016
$325,000
Public Record
Mar 20, 2015
$255,000
Public Record