
Riverside, California 92504
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $575,579 Fair Market Value by 4%. This valuation gap offers $25,579 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic modernization but benefits from meticulously maintained core systems and a large 7,841 sqft lot with RV parking. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6730 Montclair Dr Subject 3 bd · 2 ba · 1,264 sqft · $455 | $550,000* List Price | 3 | 2 | 1,264 | $455 | - |
A 6698 Montclair Drive Sold 4 bd · 2 ba · 1,290 sqft · $465 · 0.0 mi | $600,000 | 4 | 2 | 1,290 | $465 | 0.0 mi |
B 6845 Barcelona Sold 3 bd · 1 ba · 1,140 sqft · $504 · 0.2 mi | $575,000 | 3 | 1 | 1,140 | $504 | 0.2 mi |
C 4794 Granada Avenue Sold 3 bd · 2 ba · 1,274 sqft · $408 · 0.4 mi | $520,000 | 3 | 2 | 1,274 | $408 | 0.4 mi |
D 3658 Hoover Sold 2 bd · 1 ba · 1,074 sqft · $521 · 0.8 mi | $560,000 | 2 | 1 | 1,074 | $521 | 0.8 mi |
E 4948 Granada Sold 2 bd · 2 ba · 1,568 sqft · $357 · 0.3 mi | $559,000 | 2 | 2 | 1,568 | $357 | 0.3 mi |
F 4944 Wilton Place Sold 3 bd · 1 ba · 988 sqft · $547 · 0.9 mi | $540,000 | 3 | 1 | 988 | $547 | 0.9 mi |
G 4865 Emerson Sold 3 bd · 2 ba · 1,199 sqft · $396 · 0.6 mi | $475,000 | 3 | 2 | 1,199 | $396 | 0.6 mi |
H 6108 Rayann Court Sold 4 bd · 3 ba · 1,550 sqft · $403 · 0.9 mi | $625,000 | 4 | 3 | 1,550 | $403 | 0.9 mi |
I 5336 El Molino Pending 2 bd · 2 ba · 1,308 sqft · $352 · 0.5 mi | $460,000 List Price | 2 | 2 | 1,308 | $352 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1956 'time capsule' with original interior finishes, meaning the kitchen and bathrooms are over 60 years old and severely dated. While the interior requires a full aesthetic overhaul to meet modern standards, the property is rated Fair rather than Poor because the major systems—including the HVAC, aluminum roof, and irrigation—have been meticulously maintained, and the home remains in functional, livable condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1264.
While the home retains its vintage charm, the seller has proactively maintained high-cost items including the HVAC system, water heater, aluminum roof, and exterior paint, offering peace of mind to the next owner.
The property features a generous 7,841 sqft lot with covered RV parking including electrical hookups, a large driveway, and a covered rear patio, catering perfectly to outdoor enthusiasts and those needing extra storage.
The interior features original 1956 finishes, which will require a significant budget for cosmetic updates and modernization to appeal to contemporary buyers.
At 1,264 square feet for a three-bedroom layout, the living spaces and bedrooms may feel compact compared to newer residential developments in the area.
First time on the market in 57 years and a wonderful opportunity to create a home that is truly your own! Tucked away on a quiet Riverside cul-de-sac, this home has been lovingly owned by the same seller for nearly six decades. Much of the interior retains its original finishes, creating an opportunity for the next owner to update, personalize and bring their own vision to the home. At the same time, the property has been meticulously maintained where it matters. The heater, A/C and water systems have been cared for, along with the exterior paint, aluminum roof and irrigation. The spacious floor plan features a large kitchen with pantry, real wood flooring, living room with fireplace, generous bedrooms, linen storage, interior fans and a whole-house/attic fan. Refrigerator, freezer, washer and dryer are included. Outside, the opportunities continue. Enjoy a covered rear patio, real grass in the front and backyard, covered side RV parking with electrical hookups, a large driveway, vinyl and stone fencing, exterior Ring cameras and recently redone irrigation. Located in a friendly, quiet neighborhood within walking distance of local public schools and nearby churches. Magnolia Center, Riverside Plaza and Brockton Arcade are approximately five minutes away. This is an opportunity to take a home that has been loved and cared for by one family for 57 years and make it your own for the years ahead.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.4 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,264 | 1,854.896 |
| Lot Size | 7,841 | 8,680.308 |
| Price | $550.0K | $698.4K |
| Price per sq ft | $435 | $380 |
| Built year | 1956 | 1982 |
| HOA | $0 | $156 |
| Days on market | 14 | 57 |
Oct 10, 2026
$550,000
Initial Listing