
Riverside, California 92504
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $749,000—positioned well above the $675,291 Fair Market Value by -10%. While priced above market, the property features a Condition Rating of 4, offering significant value through its 1,751 sqft split floor plan, mature fruit tree orchard, and RV parking with EV/generator potential. With permitted upgrades and robust climate control systems, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, well-maintained residence with long-term customization potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4926 Wilton Pl. Subject 3 bd · 2 ba · 1,751 sqft · $386 | $749,000* List Price | 3 | 2 | 1,751 | $386 | - |
A 6493 Nidever Avenue Sold 5 bd · 2 ba · 1,668 sqft · $363 · 0.8 mi | $605,000 | 5 | 2 | 1,668 | $363 | 0.8 mi |
B 5470 Greenbrier Dr Sold 3 bd · 2 ba · 1,532 sqft · $450 · 0.7 mi | $688,888 | 3 | 2 | 1,532 | $450 | 0.7 mi |
C 5171 Merrill Sold 4 bd · 2 ba · 1,524 sqft · $393 · 0.7 mi | $599,000 | 4 | 2 | 1,524 | $393 | 0.7 mi |
D 5230 Old Mill Road Sold 3 bd · 2 ba · 1,356 sqft · $442 · 0.4 mi | $600,000 | 3 | 2 | 1,356 | $442 | 0.4 mi |
E 4815 Jurupa Avenue Sold 3 bd · 3 ba · 1,350 sqft · $444 · 0.2 mi | $600,000 | 3 | 3 | 1,350 | $444 | 0.2 mi |
F 4963 Carlingford Avenue Active 4 bd · 2 ba · 1,821 sqft · $384 · 0.2 mi | $699,900 List Price | 4 | 2 | 1,821 | $384 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1952, the home features renovations that appear to be 20-30 years old, specifically the oak cabinetry in the kitchen and the glass block/white tile work in the bathrooms. While the property is well-maintained with updated systems (HVAC, mini-split, double-pane windows, and electrical upgrades), the interior aesthetics are dated and meet the criteria for a property needing eventual updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1751.
The home is exceptionally well-equipped for the Riverside climate, featuring central A/C, a mini-split, a whole-house fan, and multiple attic fans, including a rare A/C unit in the garage.
The property offers significant value through its established 'food forest' of mature fruit trees, RV parking with electrical hookups, and permitted wiring for a future spa or backup generator.
The property is served by a middle school with a low rating (2/10), which may be a deterrent for families prioritizing high-performing academic districts.
Despite permitted updates, the 1952 construction date suggests that certain core components or original materials may require more intensive maintenance compared to newer residential builds.
Charming 1952 Family Home with Character, Thoughtful Updates & an Abundance of Storage Welcome home to this charming 1952 single-family residence, where classic character meets thoughtful modern updates. Lovingly improved with permitted work, this spacious 3-bedroom, 2-bath home features a split floor plan and a versatile dining room, making it an ideal place to gather, grow, work from home, pursue hobbies, or simply spread out. Inside, the inviting open-concept kitchen connects naturally to a generous breakfast nook featuring counter-height bar seating and exceptional additional storage. Two skylights bring natural light into the kitchen, while an elevated range, built-in hallway cabinetry, and a convenient computer/office nook add both style and everyday functionality. A large utility room provides even more valuable storage space. Comfort and convenience continue throughout the home with double-pane windows, A/C, a mini-split, whole-house fan, and two attic fans—one automatic fan serving the home and another over the garage. The primary suite includes a bathroom with built-in cabinetry and a Jacuzzi tub, creating a comfortable retreat at the end of the day. Step outside and discover a truly special established yard. Mature avocado trees and a wonderful variety of fruit trees offer a garden-like setting with apricot, Reed avocado, lemon/tangelo/mandarin, pluot, kumquat, and lime trees. A charming water feature adds a peaceful focal point and creates a relaxing outdoor atmosphere. For those looking for flexibility, the property offers RV parking with an existing electrical hookup, which could also provide an option for EV charging. The backyard is spa-hookup ready with permitted wiring, offering an opportunity to create your own backyard retreat, and the electrical setup provides the potential for a backup generator as well. There is also A/C in the garage and a new garage door. With no HOA, abundant storage, established landscaping, multiple cooling options, permitted improvements, and flexible spaces throughout, this is a home designed for real life—not just for looks. Whether you’re looking for room for your family, space for hobbies and projects, a productive garden, or a place to enjoy peaceful evenings beside the water feature, this well-established home offers a wonderful opportunity to make it your own.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 0.8 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,751 | 1,854.896 |
| Lot Size | 7,405 | 8,680.308 |
| Price | $749.0K | $698.4K |
| Price per sq ft | $428 | $380 |
| Built year | 1952 | 1982 |
| HOA | $0 | $156 |
| Days on market | 16 | 57 |
Oct 8, 2026
$749,000
Initial Listing
Mar 25, 1992
$95,000
Public Record