
Riverside, California 92504
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $619,000—positioned well below the $642,949 Fair Market Value by 3%. This valuation gap offers $23,949 in Instant Equity. Featuring an Excellent Condition Rating with a modern interior, private pool, and a large lot with ADU Conversion Potential, this home balances lifestyle luxury with financial upside. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready property in Riverside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6867 Morningside Subject | $619,000* List Price | 3 | 2 | 1,134 | $567 | - |
A 6853 Morningside Sold | $620,000 | 3 | 2 | 1,260 | $492 | 0.0 mi |
B 4363 Santee Sold | $604,000 | 4 | 2 | 1,316 | $459 | 0.7 mi |
C 5865 Green Valley Street Sold | $600,000 | 3 | 2 | 1,280 | $469 | 0.2 mi |
D 6666 Evelyn Sold | $614,000 | 3 | 1 | 1,104 | $556 | 0.8 mi |
E 7869 Sycamore Avenue Sold | $570,000 | 3 | 2 | 1,080 | $528 | 1.0 mi |
F 8673 Camelia Dr Sold | $605,000 | 3 | 2 | 1,288 | $470 | 0.7 mi |
G 8254 San Vicente Avenue Pending | $646,000 List Price | 3 | 2 | 1,206 | $536 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1960, the property has undergone a comprehensive recent remodel as evidenced by the modern recessed lighting, updated dark wood-look flooring, and fresh interior paint. The exterior features a well-maintained pool and a high-end covered patio with an outdoor fireplace, placing it in the 'Excellent' category due to the recent renovation and 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 = 7841, living area = 1134.
The home has been recently updated and remodeled, providing a move-in-ready aesthetic that appeals to both first-time buyers and turnkey investors.
The property features a private pool, a large backyard, and a covered patio with a fireplace, offering exceptional value for outdoor living and family gatherings.
With only 1,134 square feet of living area for a three-bedroom configuration, the interior layout may feel restrictive for larger families or those requiring spacious common areas.
Built in 1960, the property may possess aging underlying systems such as plumbing or electrical that might require future maintenance despite the recent cosmetic renovations.
Welcome to this amazing opportunity to own in the desirable city of Riverside! This beautiful recently updated/remodeled home features a 3bedrooms, 2bath with a huge 2car garage that can also be converted to an ADU. Did I forget to mention this beautiful home comes with a POOL and great backyard that gives you endless possibilities of enjoying family gatherings in the beautiful covered patio and fireplace. Come check out this amazing opportunity as it offers many more features you have to come see for yourself!!! Perfect for first time home buyers or existing buyers that want to add another rental to their portfolios!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,134 | 1,465.5 | 12% |
| Lot Size | 7,841 | 8,276 | 46% |
| Price | $619.0K | $619.0K | 50% |
| Price per sq ft | $546 | $424 | 92% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 159 | 1% |
Jun 3, 2026
$619,000
Initial Listing
Sep 13, 2024
$600,000
Public Record
Feb 20, 2018
$350,000
Public Record
Jun 3, 2003
$203,000
Public Record