
Riverside, California 92506
This Spacious Single-Story Ranch is a Strong Value Opportunity, listed at $705,000—positioned well below the $732,826 Fair Market Value by 3%. This valuation gap offers $27,826 in Instant Equity. The property maintains a Good Condition Rating, featuring fully paid solar panels, an updated kitchen, and a pergola-covered spa. Located on a quiet cul-de-sac in the Magnolia Center area, it balances financial efficiency with lifestyle comfort. This is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6225 Cliff Court Subject | $705,000* List Price | 3 | 2 | 1,791 | $409 | - |
A 2909 Pecos Sold | $755,000 | 3 | 2 | 1,805 | $418 | 0.6 mi |
B 6762 Rainier Court Sold | $620,000 | 4 | 3 | 1,630 | $380 | 0.8 mi |
C 5239 Coventry Sold | $755,000 | 4 | 3 | 2,118 | $356 | 1.0 mi |
D 5663 Osburn Sold | $635,000 | 3 | 2 | 1,772 | $358 | 0.4 mi |
E 3208 Gibraltar Active | $635,000 List Price | 3 | 2 | 2,018 | $315 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property is exceptionally well-maintained and features updates that align with a 5-15 year renovation cycle. The kitchen has been updated with stainless steel appliances and recessed lighting, and the interior features modern laminate flooring, plantation shutters, and crown molding. The addition of fully paid solar panels and the move-in ready condition of the systems and grounds justify a Good rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1791.
The property includes fully paid solar panels for immediate utility savings and offers a potential assumable VA loan, providing a significant financial advantage in a high-interest-rate market.
Situated on a generous 12,632 sqft lot, the home features mature fruit trees, a pergola-covered spa, and substantial RV parking, offering rare outdoor versatility for the Magnolia Center area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1791, other record living area = 1372.
The 1985 Tudor-inspired brick and trim accents, combined with Corian countertops, may feel dated to buyers looking for a more contemporary or modern aesthetic.
Currently configured as a 3-bedroom home, the property may face competition from larger families who require a definitive fourth bedroom rather than a converted office space.
Beautiful single-story ranch-style home with charming Tudor-inspired brick and trim accents, tucked away on a quiet cul-de-sac in Riverside’s Magnolia Center area. This well-maintained 3 bedroom, 2 bathroom home also features a front room currently used as an office that may serve as a potential fourth bedroom. The spacious living room offers vaulted ceilings, a built-in entertainment center, wood-burning fireplace, and surround sound, creating an inviting space for everyday living or entertaining. The updated kitchen features white cabinetry, Corian countertops and backsplash, stainless steel appliances, recessed lighting, and a bright view toward the covered patio area. Interior highlights include laminate wood-style flooring, plantation shutters, ceiling fans, crown molding, and a comfortable open layout. Step outside to a generous backyard with mature landscaping, a pergola-covered patio with spa, timed sprinklers and drip irrigation, and several fruit trees including orange, tangerine, plum, nectarine, and papaya. The property also includes huge RV parking, a two-car garage, and FULLY PAID solar panels for added efficiency and cost savings. Walking distance from Riverside Plaza shopping and dining, local parks, and established neighborhood amenities. VA Buyers: Potential assumable VA loan. Buyer to verify all terms, eligibility, and interest rate with lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,791 | 1,866.5 | 44% |
| Lot Size | 12,632 | 9,583 | 63% |
| Price | $705.0K | $725.0K | 44% |
| Price per sq ft | $394 | $393 | 50% |
| Built year | 1985 | 1965 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 134 | 3% |
May 26, 2026
$705,000
Initial Listing
Feb 28, 2017
$405,000
Public Record
Oct 30, 1995
$167,000
Public Record