
Riverside, California 92506
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $488,835 Fair Market Value by -2%. While the home maintains a Condition Rating of 4, it features a spacious 1,760 sqft layout and recent 2019 HVAC/water heater upgrades. The property requires professional smoke-odor remediation and finishing of the primary ensuite, offering a clear path for value-add improvements. Located in the desirable "The Trees" community with resort-style amenities, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a project.
Property is moderate renovation needed.
The property is 50 years old with a dated 1980s-style kitchen and an unfinished primary bathroom renovation. While major systems like the HVAC and water heater are excellent (2019) and kitchen appliances are recent, the home requires significant smoke odor remediation and interior updates to meet modern standards.
Located in the sought-after 'The Trees' community, the property offers resort-style amenities including a pool, RV parking, and park-like grounds, with an HOA that covers roof and exterior maintenance.
Major mechanical components provide peace of mind, featuring a newer HVAC system and water heater installed in 2019, along with kitchen appliances that are all less than six years old.
This rare four-bedroom single-story home features a generous 1,760-square-foot floor plan on a large lot complete with mature fruit trees and private outdoor living spaces.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5968, other record lot size in square feet = 6098.
The home requires professional smoke-odor remediation for interior surfaces, flooring, and ventilation components due to long-term exposure, representing an immediate post-closing project.
With the primary ensuite bathroom currently mid-renovation and a recommendation to replace HVAC ducting, buyers should budget for additional construction costs and finishing work.
Nestled within the highly sought-after community of “The Trees,” just moments from historic Victoria Avenue, this inviting single-story residence offers the perfect blend of comfort, character, and convenience. Cherished by the same family for more than 40 years, the home welcomes you with a spacious living room and dining area that flow naturally into the family room and open galley-style kitchen. The kitchen’s bright red tile adds a touch of classic 1980s charm, creating a warm and memorable focal point. The light-filled primary bedroom is generously sized and features a large sliding door that opens to a private patio, along with an ensuite bathroom currently in the process of renovation. Three additional bedrooms offer ample space, abundant natural light, and pleasant views of the back or side yards. The home has been well maintained over the past 40+ years. The HVAC and water heater were both updated in 2019, and the kitchen appliances (stove, microwave, and dishwasher) are all less than 6 years old. Set on a large lot, the property features multiple fruit trees, including orange, Meyer lemon, and lime. The back patio provides an ideal place to relax and enjoy the yard’s meandering pathways and numerous rose bushes. Just beyond the front door, residents can enjoy park-like grounds with mature trees, scenic walking paths, and resort-style amenities, including a pool, kiddie pool, covered picnic area, basketball court, and RV parking. HOA benefits also include water, exterior maintenance, and roof care. This home offers quiet, tranquil, low-maintenance living in a centrally located neighborhood close to shopping, dining, and everyday conveniences. **Please note that the home has been exposed to cigarette smoke over time and may benefit from professional smoke-odor remediation, including attention to interior surfaces, flooring, and ventilation components. The HVAC system is relatively new, installed in 2019; however, buyers may wish to evaluate replacing the ducting and registers.**
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 1.6 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,760 | 1,143.641 |
| Lot Size | 5,968 | 1,329.769 |
| Price | $499.0K | $397.1K |
| Price per sq ft | $284 | $365 |
| Built year | 1974 | 1982 |
| HOA | $500.0 | $377 |
| Days on market | 5 | 58 |
Sep 4, 2026
$499,000
Initial Listing