6972 Manhattan Drive, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath
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6972 Manhattan Drive
Riverside, California 92506
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,110Sq Ft
8,712Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$465,484
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $465,484 Fair Market Value by 3%. This valuation gap offers $15,484 in Instant Equity for buyers willing to address the Condition Rating of 5. Featuring a spacious 8,712 sqft lot and a functional single-story layout, the home provides a solid foundation for value-add renovations. Ideally located near the 91 freeway, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a project with immediate upside.
Estimated Market Value
$465,484+$15,484 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6972 Manhattan Drive Subject | $450,000* List Price | 3 | 2 | 1,110 | $419 | - |
A 2924 Louisiana Sold | $435,000 | 3 | 2 | 1,110 | $392 | 0.1 mi |
B 6620 Mount Diablo Sold | $512,000 | 3 | 2 | 1,186 | $432 | 0.8 mi |
C 2917 David Active | $580,000 List Price | 3 | 2 | 1,167 | $497 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978 and sold 'as-is,' this property shows significant signs of neglect. While the kitchen received a partial update approximately 15-20 years ago, the rest of the home features severely stained carpeting, damaged interior doors, and original bathrooms in disrepair, necessitating a comprehensive rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1110.
- Functional Single-Story Layout
The home features a well-designed 3-bedroom, 2-bathroom floor plan with direct backyard access from the primary suite, offering convenience and efficient use of its 1,110 square feet.
- Expansive Lot and Outdoor Living
Situated on a generous 8,712 sqft lot, the property includes a fully fenced backyard and a covered patio, providing ample space for outdoor recreation, gardening, or pets.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition, which implies the need for immediate investment in repairs or modernization to bring the home up to contemporary standards.
- Limited Interior Square Footage
At 1,110 square feet, the interior living space is relatively compact, which may be a drawback for growing families or those seeking larger common areas.
About 6972 Manhattan Drive
3 bedroom, 2 bath single-story home in Riverside with a spacious floor plan and plenty of potential! The home features a living room with fireplace, dining area and kitchen with plenty of cabinet space. The primary bedroom includes its own bathroom and sliding glass doors that provide direct access to the backyard. The two additional bedrooms share a second full bathroom. Sliding glass doors off the dining area lead to the fully fenced backyard with a covered patio. Plenty of room for kids and pets to safely run around. The attached 2-car garage with direct access to the home provides convenient parking and storage. Great location near schools, shopping, restaurants and easy access to the 91 freeway, making it easy to get around Riverside and beyond. Property is sold as-is. Come see the potential and decide how you can make this home your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,110 | 1,867.892 |
| Lot Size | 8,712 | 8,787.773 |
| Price | $450.0K | $692.3K |
| Price per sq ft | $405 | $386 |
| Built year | 1978 | 1980 |
| HOA | $0 | $151 |
| Days on market | 15 | 55 |
Pricing History
Listed for Sale
Aug 25, 2026
$450,000
Initial Listing
Sold
Sep 13, 2021
$470,000
Public Record