8028 La Crosse Way, Riverside, California 92508, Riverside, 92508 - 5 bed, 3 bath
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Riverside, California 92508
This 3,381-square-foot Single Family Residence presents a Strong Value Opportunity, listed at $800,000—positioned well below the $867,470 Fair Market Value by 7%. This valuation gap offers $67,470 in Instant Equity for buyers. Featuring a private pool and spa in the Mission Grove neighborhood, the property has a Condition Rating of 4, requiring strategic renovations to reach its full potential. This asset is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8028 La Crosse Way Subject | $800,000* List Price | 5 | 3 | 3,381 | $257 | - |
A 19566 Denair Court Sold | $790,000 | 5 | 3 | 3,257 | $243 | 0.1 mi |
B 19391 De Marco Sold | $820,000 | 5 | 3 | 3,257 | $252 | 0.3 mi |
C 19156 Zamora Sold | $880,000 | 5 | 3 | 3,130 | $281 | 0.6 mi |
D 20228 June Court Sold | $729,000 | 4 | 3 | 2,784 | $262 | 0.8 mi |
E 8634 Cabin Sold | $755,000 | 4 | 3 | 2,696 | $280 | 0.9 mi |
F 8004 Palm View Ln Sold | $895,000 | 6 | 5 | 3,783 | $237 | 0.5 mi |
G 8449 Monique Court Sold | $819,000 | 4 | 4 | 2,895 | $283 | 0.6 mi |
H 8405 Manhasset St Active | $768,888 List Price | 5 | 3 | 3,096 | $248 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property is explicitly marketed as a fixer-upper needing TLC. While the structure appears sound, interior photos show heavily stained carpeting and dated finishes that require updates, fitting the criteria for a home over 20 years old needing minor to moderate repairs.
Boasting 3,381 square feet across three stories with five bedrooms, this property offers exceptional scale and a functional floor plan ideal for large families or multi-generational living.
The inclusion of a private pool and spa provides a ready-made backyard oasis, significantly enhancing the home's recreational appeal and lifestyle value in the Riverside climate.
Situated in the highly desirable Mission Grove neighborhood, this fixer-upper presents a prime opportunity for investors or owner-occupants to build instant equity through strategic renovations.
Marketed as a 'diamond in the rough' requiring significant TLC, the property will necessitate a substantial additional capital investment to address deferred maintenance and modern updates.
Despite its three-story construction, the property lacks a designated view, which may be a competitive disadvantage compared to other elevated homes in the surrounding area.
Opportunity awaits in the highly desirable Mission Grove neighborhood! This spacious 5-bedroom, 3-bathroom home offers an impressive 3,381 square feet of living space across three stories, providing endless possibilities to make it your own. Featuring a sparkling pool and relaxing spa, this property is perfect for entertaining and creating your dream backyard oasis. This home is a fixer-upper and is ready for your personal touch. With some TLC and updating, it has incredible potential to become a true showpiece. The functional floor plan, generous living spaces, and prime location make this a rare opportunity for investors, flippers, or buyers looking to build instant equity. Conveniently located near top-rated schools, parks, shopping, dining, and commuter access, this home combines size, location, and value. The seller is highly motivated and ready to consider offers. Don’t miss your chance to transform this diamond in the rough into something spectacular!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,381 | 1,723 |
| Lot Size | 8,276 | 8,712 |
| Price | $800.0K | $676.0K |
| Price per sq ft | $237 | $395 |
| Built year | 2001 | 1977 |
| HOA | $0 | $125 |
| Days on market | 15 | 58 |
Jul 7, 2026
$800,000
Initial Listing
Jan 25, 2018
$529,000
Public Record
Jan 11, 2017
$490,000
Public Record
Jan 9, 2002
$260,000
Public Record