
Riverside, California 92504
This Development-Ready Asset is listed at $735,000, with a $658,304 Fair Market Value reflecting the premium of its expansive land utility. Holding a Condition Score of 5, the property serves as a High-Potential Investment Opportunity centered on its Massive 21,344 Sq. Ft. Flat Lot. Featuring a Powered Workshop, RV Hookups, and a Pool, the site offers immense potential for square footage expansion or ADU construction within the Riverside Unified district. This versatile project is ideally suited for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7334 Garden Subject | $735,000* List Price | 2 | 1 | 1,087 | $606 | - |
A 4757 Arlington Avenue Sold | $540,000 | 2 | 1 | 1,032 | $523 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this property is marketed as a 'Builder/Investors Dream,' indicating the value is primarily in the land. The interior shows a severely outdated kitchen with water-damaged cabinetry, old linoleum flooring, and aged tile. The exterior exhibits deferred maintenance, including peeling paint on the porch and a non-functional pool, requiring a total rehabilitation to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 1087.
The expansive 21,344 sq. ft. flat lot offers a rare opportunity for builders and investors to add significant square footage or construct additional dwelling units (ADUs) in a central location.
Equipped with a large powered workshop and hook-ups for three RVs, this property is perfectly suited for craftsmen, hobbyists, or those requiring extensive storage for large vehicles and equipment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1087, other record living area = 1202.
At just 1,087 sq. ft. with a 2-bedroom, 1-bathroom configuration, the current residence is undersized for the lot and may not meet the needs of larger families without immediate expansion.
Built in 1947, the home likely requires significant modernization and updates to its core systems and finishes to align with contemporary standards and maximize its market value.
Builder Investors Dream! Opportunity knocks in central Riverside! Beautiful Single-Story Home on a Massive 21,344 sq ft flat lot. Features 2 Bedrooms, 2 Bathrooms, RV Access with Hook-Ups for 3 RVs, and a Huge Powered Workshop—Perfect For Big Toys or a Craftsman’s workspace with Built-in Stations. Enjoy Plenty of Extra Space, a Sparkling Pool Plus Room for a Bonfire —Ideal for Entertaining. This property Offers the Perfect Blend of Home, Work, and Fun in One Versatile Environment. Conveniently Located Near the 91, 60, 215, and 15 freeways. A true gem with endless potential—don’t miss out! The property would benefit significantly from added square footage, offering even greater value and opportunity.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades PK-6 • 1.5 mi
Grades PK-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,087 | 1,518 | 10% |
| Lot Size | 21,344 | 8,276 | 73% |
| Price | $735.0K | $620.0K | 73% |
| Price per sq ft | $676 | $414 | 99% |
| Built year | 1947 | 1960 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 201 | 1% |
Mar 26, 2026
$735,000
Initial Listing