
Riverside, California 92504
This Single-Family Residence represents a Prime Investment Opportunity, listed at $585,000—positioned well below the $601,855 Fair Market Value by 2%. This valuation gap provides $16,855 in Instant Equity. With a Condition Rating of 3, the home features a functional layout and updated kitchen, while the 7,405 sqft flat lot offers significant potential for an ADU. Ideally located near UCR and Riverside City College, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6790 El Cajon Dr Subject | $585,000* List Price | 3 | 2 | 1,382 | $435 | - |
A 6853 Morningside Sold | $620,000 | 3 | 2 | 1,260 | $492 | 0.5 mi |
B 5771 Walter Street Sold | $576,000 | 3 | 2 | 1,288 | $447 | 0.4 mi |
C 6698 Montclair Drive Sold | $600,000 | 4 | 2 | 1,290 | $465 | 0.8 mi |
D 5911 Green Valley Sold | $585,000 | 4 | 2 | 1,347 | $434 | 0.4 mi |
E 8254 San Vicente Avenue Sold | $646,000 | 3 | 2 | 1,206 | $536 | 0.5 mi |
F 4194 Euclid Court Sold | $665,000 | 3 | 2 | 1,900 | $350 | 0.5 mi |
G 5865 Green Valley Street Sold | $600,000 | 3 | 2 | 1,280 | $469 | 0.4 mi |
H 6688 Phoenix Sold | $515,000 | 3 | 1 | 960 | $536 | 0.1 mi |
I 6819 Phoenix Avenue Active Under Contract | $650,000 List Price | 3 | 2 | 1,382 | $470 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1956, the interior shows signs of a mid-life renovation (likely 10-15 years ago) featuring updated kitchen cabinetry, granite-style countertops, and modernized bathroom vanities. The home is functional and move-in ready, though the exterior landscaping and laundry area suggest minor maintenance is needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1382.
The property is ideally situated near Riverside City College and UC Riverside, making it a prime target for investors seeking rental demand or families prioritizing proximity to educational hubs.
The 7,405 sqft all-flat lot offers significant versatility for outdoor entertaining, gardening, or the potential construction of an Accessory Dwelling Unit (ADU) to increase property value.
Dating back to 1956, the home may require updates to aging mechanical, electrical, or plumbing systems that are common in properties of this era.
The property was purchased for $380,000 in April 2024; the current list price of $585,000 reflects a substantial markup that may require strong comparable sales to support the valuation.
Welcome to 6790 El Cajon Dr, a charming single-story 3-bedroom, 2-bathroom home conveniently located in the heart of Riverside. Situated near Riverside City College and UCR, this property offers an excellent opportunity for investors, first-time buyers, or anyone looking for a home they can personalize and make their own. Offering approximately 1,382 square feet of living space, the home features a comfortable living room with vinyl flooring, an open kitchen and dining area with Tile floor, and generously sized bedrooms with durable vinyl flooring. The property sits on a huge, all-flat lot with plenty of space for entertaining, gardening, future improvements, or creating your own private outdoor retreat. The backyard is ideal for relaxing, BBQs, and family gatherings. A detached 2-car garage provides convenient parking and additional storage space. With its desirable Riverside location, spacious lot, convenient access to nearby schools and amenities, and endless potential, this home is a wonderful opportunity to create your next chapter. Don’t miss the chance to make your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,382 | 1,867.892 |
| Lot Size | 7,405 | 8,787.773 |
| Price | $585.0K | $692.3K |
| Price per sq ft | $423 | $386 |
| Built year | 1956 | 1980 |
| HOA | $0 | $151 |
| Days on market | 6 | 55 |
Sep 3, 2026
$585,000
Initial Listing
Apr 30, 2024
$380,000
Public Record
Dec 2, 2011
$199,000
Public Record
Aug 31, 2007
$356,000
Public Record
May 29, 1996
$99,500
Public Record