621 Prospect, Riverside, California 92507, Riverside, 92507 - 4 bed, 2 bath
Loading property details...
621 Prospect
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,413Sq Ft
20,473Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$668,056
SUMMARY
This fully renovated horse property represents a Prime Investment Opportunity, listed at a List Price of $650,000—positioned well below the $668,057 Fair Market Value by 2%. This valuation gap offers $18,057 in Instant Equity. Featuring a brand-new kitchen and a Condition Rating of 2 (Mint), the home offers a versatile multi-generational layout on a massive 20,473 sqft lot. With its peaceful greenbelt view and move-in-ready status, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$668,056
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 621 Prospect Subject | $650,000* List Price | 4 | 2 | 1,413 | $473 | - |
A 470 Conners Lane Sold | $765,000 | 3 | 2 | 1,556 | $492 | 0.7 mi |
B 438 Tanner Sold | $715,000 | 3 | 2 | 1,556 | $460 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1948, the property has undergone a full recent renovation. It features a brand-new kitchen with modern finishes, updated bathrooms with new vanities and fixtures, and new flooring throughout, meeting the criteria for a high-quality rehab in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20473, living area = 1413.
- Turnkey Renovations
The property has been fully rehabbed with a brand-new kitchen and modern finishes, offering a move-in-ready experience without the need for immediate upgrades.
- Expansive Horse Property
Situated on a massive 20,473 sqft lot with horse zoning and a peaceful greenbelt, the property provides rare outdoor versatility and privacy for the area.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With four bedrooms distributed across only 1,413 square feet, the individual room sizes and common living areas may feel constrained for larger families.
- Vintage Infrastructure
Originally built in 1948, the home may still feature older underlying structural elements or utility systems typical of mid-century builds despite the cosmetic renovations.
About 621 Prospect
Welcome to this beautifully fully renovated 4-bedroom, 2-bathroom horse property, offering privacy, space, and modern comfort. Situated on a large lot with a peaceful greenbelt surrounding the backyard, this home provides a private and relaxing setting. The brand-new kitchen features modern finishes and creates a welcoming space for everyday living and entertaining. The thoughtfully designed layout offers two bedrooms and one full bathroom upstairs, while the downstairs features two additional bedrooms and a full bathroom—perfect for added privacy, guests, or multi-generational living. Step outside to enjoy the spacious backyard and side yard covered patio, ideal for outdoor dining, entertaining, or simply relaxing in your own private retreat. With plenty of room for horses, toys and outdoor activities, this property offers a rare combination of modern upgrades, privacy, and versatility. Fully rehabbed and move-in ready, this exceptional property is ready to welcome you home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 20,473 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,413 | 1,867.892 |
| Lot Size | 20,473 | 8,787.773 |
| Price | $650.0K | $692.3K |
| Price per sq ft | $460 | $386 |
| Built year | 1948 | 1980 |
| HOA | $0 | $151 |
| Days on market | 19 | 55 |
Pricing History
Listed for Sale
Aug 21, 2026
$650,000
Initial Listing
Sold
Nov 29, 2012
$170,000
Public Record
Sold
Dec 23, 2003
$210,000
Public Record
Sold
Mar 28, 1997
$194,000
Public Record