
Riverside, California 92504
This Value-Add Residential Asset is listed at $535,000, positioned relative to a $496,998 Fair Market Value. Carrying a Fair Condition Rating, the 1928 structure requires interior modernization, yet the asset's value is anchored by an expansive 10,019 Square Foot Lot. This significant land-to-structure ratio provides clear ADU Potential for rental income maximization or forced appreciation. Located in the Riverside Unified district near Sierra Middle School and Polytechnic High School, the location ensures consistent demand. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4831 Jurupa Subject | $520,000* List Price | 2 | 1 | 844 | $572 | - |
A 6164 Goldenrod Lane Sold | $518,000 | 2 | 2 | 1,039 | $499 | 0.7 mi |
B 6552 Farmington Drive Sold | $585,000 | 3 | 2 | 1,153 | $507 | 0.7 mi |
C 6012 Grand Avenue Sold | $554,500 | 2 | 2 | 1,173 | $473 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this property is aged but functional, fitting the 'fair' criteria. While it features some updates like dual-pane windows and a sliding glass door, the interior remains dated with older tile countertops in the kitchen, basic cabinetry, and wall-to-wall carpeting in the living areas. The home appears maintained through regular upkeep but lacks a recent comprehensive renovation, making it a candidate for modernization and cosmetic repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 844.
The expansive 10,019 square foot lot offers significant ADU (Accessory Dwelling Unit) potential, providing a prime opportunity for investors or homeowners to maximize rental income.
Conveniently situated near the Riverside Plaza, downtown Riverside, and Riverside City College, the property offers excellent access to premier dining, retail, and educational hubs.
At only 844 square feet, the interior living area is quite small by modern standards, which may be a constraint for growing families or those needing extra storage.
Built in 1928, the property may require significant ongoing maintenance or updates to aging systems to meet contemporary building standards and buyer expectations.
Welcome to 4831 Jurupa Ave, Riverside! This home features 2 bedrooms and 1 bathroom on a spacious 10,000 square feet lot. The kitchen has tile flooring with tile counter tops. The living room and bedrooms have carpet flooring , dual pane windows. The primary bedroom includes a sliding glass door with access to the backyard. The expansive lot offers clear ADU potential, ideal for maximizing rent. A great opportunity whith lots of potential for first time buyers . It is conveniently located nears schools, the Riverside Plaza with plently of dining and retails options and minutes away from Riverside City College, and downtown Riverside. Don't miss your chance to own this potential house.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 0.6 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 844 | 1,518 | 3% |
| Lot Size | 10,019 | 8,276 | 62% |
| Price | $520.0K | $619.5K | 10% |
| Price per sq ft | $616 | $414 | 97% |
| Built year | 1928 | 1960 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 201 | 1% |
Apr 15, 2026
$520,000
$525,000
-1% Price Drop
Initial Listing
Mar 18, 2026
$525,000
$535,000
-2% Price Drop
Initial Listing
Mar 7, 2026
$535,000
Initial Listing
Jun 29, 2023
$490,000
Public Record
May 22, 2009
$83,000
Public Record
Jun 2, 2006
$346,000
Public Record
May 13, 2005
$295,000
Public Record
Mar 7, 2003
$134,000
Public Record