6974 Capistrano Way, Riverside, California 92504, Riverside, 92504 - 3 bed, 1 bath
6974 Capistrano Way
Riverside, California 92504
Property Price
SUMMARY
Analysis of 6974 Capistrano Way, Riverside, California 92504 reveals a Fairly Priced Property with a current list price of $525,000 aligned with the estimated $541,093 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6974 Capistrano Way Subject | $525,000* List Price | 3 | 1 | 1,140 | $475 | - |
A 3936 Lester Street Sold | $541,000 | 3 | 2 | 1,161 | $466 | 0.6 mi |
B 7805 Willow Avenue Sold | $562,500 | 3 | 2 | 1,116 | $504 | 0.3 mi |
C 3638 Rossmuir Sold | $480,000 | 3 | 1 | 1,037 | $463 | 0.8 mi |
D 5620 Ensenada Sold | $610,000 | 3 | 2 | 1,382 | $441 | 0.6 mi |
E 4758 El Molino Avenue Sold | $640,000 | 3 | 2 | 1,347 | $475 | 0.5 mi |
F 8205 Janis Street Sold | $605,000 | 3 | 2 | 1,269 | $477 | 0.9 mi |
G 7859 Sycamore Avenue Pending | $539,000 List Price | 2 | 1 | 1,218 | $443 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1948, benefits from recent exterior upgrades including stucco, paint, newer windows, and a composition roof. The interior features well-maintained hardwood floors and fresh paint in living areas and bedrooms. However, the kitchen and bathroom are significantly outdated in style and materials, with tiled countertops, backsplashes, and flooring that appear to be from an older renovation or original to the home. While functional and clean, these areas would require substantial modernization to meet current buyer expectations. The absence of central air conditioning is also a notable drawback for a California home. Overall, the property is well-maintained but shows its age in key interior areas, aligning with a 'Fair' condition.
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 = 7405, living area = 1140.
- Prime Location & Neighborhood
Ideally located just minutes from great shopping, restaurants, parks, and local schools, nestled in a quiet, popular neighborhood, enhancing convenience and desirability.
- Significant Exterior Upgrades
Features upgraded stucco, exterior paint, newer windows, and a composition roof, indicating excellent maintenance and reduced immediate capital expenditure for the buyer.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom for a 3-bedroom home, this may not meet the needs of larger families or modern preferences, potentially impacting daily convenience and resale appeal.
- Age of Interior Systems/Finishes
Built in 1948, while exterior updates are noted, interior systems (e.g., plumbing, electrical, HVAC) and some finishes may be original or dated, potentially requiring future investment for modernization.
- Lack of Central Air Conditioning
The property description does not mention a cooling system, which is a common omission in older homes and could be a significant drawback during warmer months in California.
About 6974 Capistrano Way
Ideally located just minutes from great shopping, restaurants, parks, and local schools, this charming single-story home is nestled in a quiet, popular neighborhood and features a detached two-car garage. Featuring upgraded stucco and exterior paint, newer windows and composition roof, this exceptionally well-maintained home truly stands out. Inside, you’ll find a handsome brick-lined fireplace, abundant natural light, and a bright, welcoming atmosphere throughout. The spacious kitchen includes a pantry and is complemented by a designated laundry room for added convenience. Bedrooms are generously sized, offering comfort and flexibility. Step outside to a huge backyard with endless possibilities—plenty of room for a pool, outdoor entertaining, or future expansion. A home with tons of potential, lovingly owned and ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,405.2 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Mountain View Elementary School
Grades PK-6 • 0.9 mi
Pachappa Elementary School
Grades PK-6 • 1.7 mi
Washington Elementary School
Grades K-6 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 1,140 | 1,529 | 15% |
| Lot Size | 7,405.2 | 8,712 | 29% |
| Price | $525.0K | $620.0K | 12% |
| Price per sq ft | $461 | $415 | 69% |
| Built year | 1948 | 1959 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 183 | 4% |
Pricing History
Listed for Sale
Jan 22, 2026
$525,000
Initial Listing