5367 Rutland, Riverside, California 92503, Riverside, 92503 - 3 bed, 1 bath
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Riverside, California 92503
This property presents a High-Potential Investment Opportunity with a List Price of $585,000—positioned above the $558,024 Fair Market Value by 4%. While priced slightly above market, the 7,405 sq. ft. lot and attached two-car garage provide significant value-add potential. The home carries a Fair Condition Rating, requiring cosmetic updates to modernize the 1952 build. Its strategic location near the 91 Freeway and Galleria at Tyler ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5367 Rutland Subject | $585,000* List Price | 3 | 1 | 1,058 | $527 | - |
A 5300 Noble Street Sold | $525,000 | 3 | 2 | 1,122 | $468 | 0.1 mi |
B 5505 Lewis Ave Sold | $560,000 | 3 | 1 | 976 | $574 | 0.3 mi |
C 8925 Penny Sold | $455,000 | 3 | 1 | 954 | $477 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is functional but dated. The kitchen features oak cabinetry and appliances that appear to be 15-25 years old, and the interior finishes like carpeting and paint show age. While the listing states it is move-in ready, the 'potential for transformation' and age of the fixtures align with the Fair category, requiring cosmetic updates and likely system overhauls to be modernized.
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 = 1058.
The property is ideally situated within 10 minutes of the 91 Freeway and Galleria at Tyler, offering excellent accessibility for commuters and proximity to major shopping and dining.
Featuring a wide driveway and an attached two-car garage, the home provides significant space for multiple vehicles, guest parking, or additional storage needs.
The home features only one bathroom for three bedrooms, which may be a significant inconvenience for families or buyers looking for modern multi-bath layouts.
Built in 1952 and described as needing a 'creative touch,' the property likely requires cosmetic updates and modernization to meet current market aesthetic standards.
Charming 3-Bedroom Home in Prime Riverside Location – Ready for Its New Owner! This inviting 3-bedroom, 1-bath single-family home offers comfortable living with excellent convenience and easy access to everything you need. This charming home is brimming with potential and ready for its next chapter. With a little vision it can be transformed into the dream home you've been searching for. Perfect for first-time buyers or experienced homeowners with a creative touch. You'll fall in love with the homes welcoming street presence and wide driveway that easily accommodates extra parking alongside the attached two-car garage. A fantastic opportunity to create something truly special! Inside, you'll find a functional layout perfect for everyday living and entertaining. The home is move-in ready and waiting for personal touches to make it your own. Just 10 minutes from Galleria Tyler Mall for shopping, dining, and entertainment. Only 10 minutes to the 91 Freeway for effortless commuting. Grocery stores and daily essentials are a quick 5-minute drive away. Whether you're a first-time buyer or looking for a great investment, this home delivers unbeatable value in a convenient Riverside location. Don't miss your opportunity to own this ready-to-move-in property!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,058 | 1,634 | 11% |
| Lot Size | 7,405 | 7,841 | 44% |
| Price | $585.0K | $660.0K | 25% |
| Price per sq ft | $553 | $392 | 93% |
| Built year | 1952 | 1983 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 153 | 2% |
Jun 8, 2026
$585,000
Initial Listing
Feb 27, 2015
$251,000
Public Record