6692 Adair, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath
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Riverside, California 92503
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $549,900—positioned well below the $568,558 Fair Market Value by 3%. This valuation gap offers $18,658 in Instant Equity. Featuring a Mint Condition Rating with recent renovations, the property sits on an expansive 10,454 sq ft lot with significant ADU Potential. Located in the Alvord Unified school district, this home balances immediate lifestyle appeal with long-term wealth building, making it ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6692 Adair Subject | $549,900* List Price | 3 | 2 | 1,072 | $530 | - |
A 8326 Greenpoint Sold | $586,000 | 3 | 2 | 1,089 | $538 | 0.5 mi |
B 8763 Sylvan Sold | $549,000 | 3 | 2 | 954 | $575 | 0.2 mi |
C 8727 Randolph Sold | $575,000 | 3 | 2 | 1,097 | $524 | 0.3 mi |
D 6510 Adair Avenue Sold | $518,000 | 3 | 2 | 1,072 | $483 | 0.2 mi |
E 8654 Greenpoint Avenue Sold | $535,000 | 3 | 1 | 954 | $561 | 0.3 mi |
F 8949 Cudahy Court Sold | $631,000 | 4 | 2 | 1,264 | $499 | 0.3 mi |
G 5651 Babb Active | $625,000 List Price | 3 | 2 | 1,122 | $557 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (less than 5 years old) featuring a modern kitchen with shaker cabinets and quartz countertops, new luxury vinyl plank flooring, updated recessed lighting, and modern HVAC vents, placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1072.
The oversized 10,454 sq ft lot provides significant value-add opportunities, including the potential to build an ADU for rental income or a private backyard oasis.
The home features a recently updated, bright, and open layout, offering a move-in-ready experience that appeals to both owner-occupants and savvy investors.
At just 1,072 sq ft for a three-bedroom configuration, the living spaces may feel restrictive for larger families or those requiring significant storage.
Originally built in 1958, the property may have aging core systems or structural elements typical of its era that require ongoing maintenance despite the cosmetic renovations.
Welcome to this beautifully renovated 3-bedroom, 2-bath residence nestled on an expansive 10,454 sq ft lot bursting with opportunity. Whether you're dreaming of adding an ADU for rental income, creating your own resort-style pool and outdoor oasis, or simply designing a backyard retreat tailored exactly to your lifestyle, this oversized lot gives you the canvas to make it happen. Step inside to a recently renovated interior showcasing a bright, open layout that feels both modern and welcoming. The generous lot size opens the door to real possibilities: build an ADU to generate passive rental income or house extended family, add a sparkling pool for year-round California living, or simply customize the backyard into the private sanctuary you've always envisioned. Ideally situated near top-rated schools, shopping, dining, and convenient freeway access, this move-in ready gem checks every box — whether you're an owner-occupant, savvy investor, or both. Opportunities like this don't last. Come see the potential for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,072 | 1,634 | 11% |
| Lot Size | 10,454 | 8,058.5 | 70% |
| Price | $549.9K | $660.0K | 16% |
| Price per sq ft | $513 | $392 | 87% |
| Built year | 1958 | 1983 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 153 | 2% |
Jun 11, 2026
$549,900
Initial Listing
Dec 26, 2023
$445,000
Public Record
Dec 22, 2023
$425,000
Public Record
Oct 15, 2021
$50,000
Public Record