
Riverside, California 92505
This property presents a High-Potential Investment Opportunity with a List Price of $690,000—positioned well above the $581,871 Fair Market Value by -18%. While the home requires significant rehabilitation given its Fair Condition Rating, the fully permitted two-story addition and 10,890 sq ft lot provide substantial value-add potential. Located in the Alvord Unified school district, this asset is well-suited for Fix-and-Flip Investors or Contractors capable of modernizing the dated infrastructure to capture long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6311 Stover Avenue Subject | $640,000* List Price | 4 | 2 | 2,107 | $263 | - |
A 11048 11048 Thrush Drive Sold | $680,000 | 4 | 3 | 1,875 | $363 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 (65 years old) with no recent major renovations mentioned. The listing explicitly states the home needs 'TLC' and is ready to be 'customized.' Visual evidence of window AC units and surface-mounted electrical conduit indicates outdated systems requiring significant rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2107.
The property features a fully permitted two-story addition that increases the total living area to over 2,100 square feet, providing rare square footage and versatility for a home of this vintage.
Situated on a generous 10,890 square foot lot with mature trees, the property offers significant outdoor space for entertainment, gardening, or potential future development.
The property is noted as needing 'TLC,' suggesting that buyers will need to budget for cosmetic updates and repairs to modernize the home.
Originally built in 1959, the home may require upgrades to its core systems to meet modern efficiency standards and contemporary buyer expectations.
Price improvement!! Great Opportunity in Prime Riverside location!! Don't miss your chance to own a spacious home in a well established area of Riverside. This property offers 4 bedrooms 2 bathrooms and over 2,000 SQ ft of living space, offering plenty of room for comfortable living. A standout feature of this home is the fully permitted two-story addition which includes 2 of the bedrooms and 1 of the bathrooms, along with a large family room on the lower level, perfect for extended living, or a flexible space to fit your needs. Step outside to a generous backyard filled with trees, offering plenty of space for outdoor enjoyment. Located near schools, freeways, shopping, and entertainment. With a little TLC this home is full of potential and ready to be customize into something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,107 | 1,547.5 | 82% |
| Lot Size | 10,890 | 7,841 | 79% |
| Price | $640.0K | $650.0K | 46% |
| Price per sq ft | $304 | $416 | 13% |
| Built year | 1959 | 1977 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 180 | 3% |
May 27, 2026
$640,000
$690,000
-7% Price Drop
Initial Listing
May 5, 2026
$690,000
Initial Listing
Jun 26, 2002
$130,000
Public Record
Jan 16, 1996
$83,000
Public Record