5347 Crest, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath
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Riverside, California 92503
This 4-Bedroom Single-Story Residence represents a High-Potential Investment Opportunity, listed at a List Price of $580,000—positioned well below the $589,487 Fair Market Value by 1.6%. This valuation gap offers $9,487 in Instant Equity. With a Condition Rating of 4, the property requires cosmetic modernization, yet its 7,405 sq ft lot and functional layout provide significant value-add potential. Located in the Alvord Unified district, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Property is moderate renovation needed.
Built in 1959, the property is dated with kitchen and bathrooms showing renovations likely older than 20 years. While functional and move-in ready, the home requires cosmetic updates, and the description emphasizes 'potential' and 'personalization,' indicating a need for modernization.
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 = 1455.
The home features a functional four-bedroom configuration, providing ample space for growing families, guest rooms, or a dedicated home office within a single-story footprint.
Situated on a generous 7,405 sqft lot, the property offers a large outdoor space ideal for entertaining, gardening, or potential future expansions in a quiet neighborhood.
Built in 1959 and marketed for its 'potential,' the property likely requires significant cosmetic or structural updates to meet modern aesthetic and efficiency standards.
With four bedrooms distributed across 1,455 square feet, the individual room sizes or common living areas may feel constrained compared to newer residential builds.
4-Bedroom Single Story Riverside Home with Space, Potential, and a Large Backyard Welcome to 5347 Crest Ave, offering 1,455 sq ft of living space on a 7,405 sq ft lot in a quiet, established Riverside neighborhood. This 4-bedroom, 2-bathroom home provides a functional layout with plenty of space for families, a home office, or guest rooms. Built in 1959, the property features solid construction and great potential for buyers looking to personalize and add value over time. Step outside to a large backyard, perfect for entertaining, gardening, or relaxing in the Southern California sunshine. Conveniently located near schools, shopping, dining, parks, and freeway access, this home offers both comfort and a prime location. A rare opportunity for buyers seeking space, potential, and long-term value in Riverside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,455 | 1,618 | 41% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $580.0K | $660.0K | 23% |
| Price per sq ft | $399 | $397 | 51% |
| Built year | 1959 | 1983 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 148 | 13% |
Mar 19, 2026
$580,000
Initial Listing
Aug 15, 1997
$85,000
Public Record