6057 Florence, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath
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Riverside, California 92504
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned above the $494,398 Fair Market Value. While the property requires significant modernization, its Fair Condition Rating and 1,350 square foot layout provide a blank canvas for value-add renovations. The generous lot size and established Riverside location offer long-term upside for those capable of addressing the aging infrastructure. This asset is an ideal acquisition for Fix-and-Flip Investors or first-time buyers looking to build equity through strategic capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6057 Florence Subject | $525,000* List Price | 4 | 2 | 1,350 | $366 | - |
A 5171 Merrill Sold | $599,000 | 4 | 2 | 1,524 | $393 | 0.9 mi |
B 6084 Vanessa Sold | $540,000 | 4 | 2 | 1,215 | $444 | 0.0 mi |
C 6848 Holbrook Sold | $565,000 | 4 | 2 | 1,284 | $440 | 1.0 mi |
D 6458 Rhonda Sold | $460,000 | 3 | 2 | 1,141 | $403 | 0.7 mi |
E 6493 Nidever Avenue Sold | $605,000 | 5 | 2 | 1,668 | $363 | 0.9 mi |
F 6174 Jurupa Avenue Active Under Contract | $460,000 List Price | 3 | 1 | 1,000 | $460 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 (63 years old), the property is explicitly marketed as an investor project needing 'personal touches and updates.' The bathroom features dated 1960s-style blue tile, and the listing disclosure that photos were 'virtually cleaned up' suggests the actual condition requires significant rehab and modernization of systems and finishes.
With 4 bedrooms and 2 bathrooms within 1,350 square feet, the home offers a highly efficient floor plan suitable for growing families or maximizing rental income.
Positioned as a fixer-upper, this property provides significant potential for first-time buyers or investors to build equity through strategic renovations and updates.
Situated in an established Riverside neighborhood, the property benefits from close proximity to local schools, shopping centers, and major commuter routes.
The listing indicates the home requires personal touches and updates, with photos being virtually staged, suggesting immediate capital expenditure is necessary.
Built in 1961, the property may require modernization of major systems such as electrical, plumbing, or HVAC to meet current standards and buyer expectations.
Opportunity awaits in this 4-bedroom, 2-bath home offering over 1,300 square feet of living space in an established Riverside neighborhood. Situated on a generously sized lot, this property is ready for your personal touches and updates. Whether you're a first-time buyer looking to build equity or an investor seeking your next project, this home offers incredible potential. The spacious lot provides room to explore a variety of possibilities (buyer to verify). Conveniently located near schools, shopping, dining, and commuter routes. Bring your imagination and come see the vision for yourself! (Photos have been virtually staged/cleaned up to show possibilities)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,350 | 1,723 |
| Lot Size | 5,663 | 8,712 |
| Price | $525.0K | $676.0K |
| Price per sq ft | $389 | $395 |
| Built year | 1961 | 1977 |
| HOA | $0 | $125 |
| Days on market | 16 | 58 |
Jul 6, 2026
$525,000
Initial Listing
Mar 5, 2009
$93,000
Public Record
May 19, 2006
$336,500
Public Record
Jan 16, 2003
$110,000
Public Record