4874 Park, Riverside, California 92507, Riverside, 92507 - 3 bed, 1 bath
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Riverside, California 92507
This Renovated Single Family Residence is a Strong Value Opportunity, listed at $575,000—positioned well below the $607,392 Fair Market Value by 5%. This valuation gap offers $32,392 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern kitchen and bath upgrades, the property includes a spacious 7,841 sqft lot and a private patio. Located in the Riverside Unified district, this home is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, high-upside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4874 Park Subject | $575,000* List Price | 3 | 1 | 1,463 | $415 | - |
A 2571 12th Street Sold | $625,000 | 4 | 2 | 1,509 | $414 | 0.8 mi |
B 4429 Forest Street Sold | $676,000 | 4 | 2 | 1,652 | $409 | 0.5 mi |
C 2514 Prospect Avenue Active | $659,000 List Price | 3 | 2 | 1,499 | $440 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1927, the property has undergone a high-end interior renovation within the last 5 years. The kitchen and bathrooms are brand new with modern shaker cabinets, stone countertops, and contemporary tile work. The home features new flooring, fresh paint, and updated fixtures throughout, meeting the criteria for mint condition with no immediate interior maintenance required.
The property features a massive 7,841 sqft lot, providing rare outdoor space and significant potential for ADU construction, landscaping, or future expansion in a desirable area.
Situated in a highly sought-after Riverside neighborhood, the home offers excellent proximity to schools, parks, shopping, and freeway access, enhancing its long-term investment appeal.
Built in 1927, this 1,463 sqft residence combines timeless character with a functional, light-filled floor plan that offers a cozy and welcoming environment.
With three bedrooms but only one bathroom, the home's configuration may be a drawback for modern families or those accustomed to a higher bed-to-bath ratio.
As a nearly century-old property, buyers should expect the need for potential updates to major systems or cosmetic renovations to bring the home up to contemporary standards.
Welcome to this charming Riverside home located in a highly desirable neighborhood with endless potential and opportunity. Situated on an oversized lot, this 3-bedroom, 1-bathroom property offers the perfect chance for buyers looking for extra space, privacy, and room to make the property their own. Whether you are a first-time buyer, investor, or someone looking for a home with long-term upside, this property delivers incredible value and versatility. Inside, you will find a comfortable and functional layout filled with natural light and a welcoming atmosphere. The spacious living areas create a cozy environment for everyday living, entertaining guests, or relaxing with family. Each bedroom offers flexibility for growing families, guests, or even a home office setup. One of the biggest highlights of this property is the massive lot size, offering plenty of outdoor space and endless possibilities to enjoy, personalize, and enhance over time. Large lots like this are becoming harder to find, especially in great Riverside neighborhoods. Conveniently located near schools, parks, shopping, dining, and freeway access, this home combines comfort, location, and future potential all in one. Do not miss the opportunity to own a Riverside property with this much space, charm, and upside!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,463 | 1,651 | 37% |
| Lot Size | 7,841 | 8,385 | 47% |
| Price | $575.0K | $647.5K | 29% |
| Price per sq ft | $393 | $394 | 50% |
| Built year | 1927 | 1970 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 165 | 1% |
Jun 4, 2026
$575,000
Initial Listing
Apr 3, 2026
$400,000
Public Record
Apr 2, 2026
$355,000
Public Record