4831 Jurupa, Riverside, California 92504, Riverside, 92504 - 2 bed, 1 bath
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Riverside, California 92504
This Value-Add Residential Asset represents a strategic land-heavy opportunity, listed at $499,999—positioned near its $481,753 Fair Market Value. While the 1928 structure carries a Condition Rating of 4 and requires modernization, the investment value is anchored by the expansive 10,019 Sq Ft Lot. The property offers significant upside through ADU Potential and footprint expansion, supported by proximity to Mount Rubidoux and Polytechnic High School. This high-utility lot is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on Riverside’s rental demand and forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4831 Jurupa Subject | $499,999* List Price | 2 | 1 | 844 | $571 | - |
A 6164 Goldenrod Lane Sold | $518,000 | 2 | 2 | 1,039 | $499 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this nearly 100-year-old home is functional but dated. While the bathroom shows some partial updates (vanity and toilet), the exterior stucco, cracked driveway, and overgrown landscaping indicate deferred maintenance. The listing's emphasis on 'potential' and 'lot size' suggests the structure requires modernization and minor repairs 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 = 10019, living area = 844.
The nearly quarter-acre lot (10,019 sqft) provides significant space for home expansion, a lush outdoor retreat, or the construction of an Accessory Dwelling Unit (ADU) to maximize rental income.
Ideally situated minutes from Mount Rubidoux and Downtown Riverside, the property offers excellent proximity to premier dining, shopping, and easy access to the 91 and 60 freeways.
At only 844 square feet with a 2-bedroom, 1-bathroom layout, the current living space is quite small and may be restrictive for modern families or those requiring more functional room.
Built in 1928, the home likely requires significant updates to its core systems and finishes to meet contemporary standards, potentially necessitating additional immediate capital investment.
Charming and full of potential, this cozy two bedroom and one bathroom home sits on an expansive 10,000 sq ft lot in the stablished neighborhood of Riverside. Whether your'e a first time home buyer, savvy investor this property is one of a kind. The real showstopper here is the lot-at nearly a quater of an acre, there is ample space to expand the existing home, create a lush outdoor retreat, or build a garden of your dreams. ADU potential makes this an outstanding opportunity for investors looking to maximize rental income. Located in the heart of Riverside minutes from Mount Rubidoux and downtown Riverside for all the dinning and shopping, easy freeway access to freeway 91 and 60.
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 | 1,465.5 | 4% |
| Lot Size | 10,019 | 8,276 | 61% |
| Price | $500.0K | $617.0K | 6% |
| Price per sq ft | $592 | $424 | 94% |
| Built year | 1928 | 1960 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 159 | 1% |
May 2, 2026
$499,999
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