8584 Camelia, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath
8584 Camelia
Riverside, California 92504
Property Price
SUMMARY
Analysis of 8584 Camelia, Riverside, California 92504 reveals a Prime Investment Opportunity with a current list price of $550,000—significantly undercutting the $569,877 Fair Market Value by 3%. This valuation gap indicates a +$19,877 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8584 Camelia Subject | $550,000* List Price | 4 | 2 | 1,673 | $341 | - |
A 4311 Snowberry Street Sold | $530,000 | 4 | 2 | 1,540 | $344 | 0.2 mi |
B 4530 Toyon Sold | $550,000 | 3 | 2 | 1,288 | $427 | 0.1 mi |
C 4065 Madrona Road Sold | $440,000 | 3 | 2 | 1,192 | $369 | 0.5 mi |
D 6746 La Jolla Drive Sold | $515,000 | 3 | 2 | 1,382 | $373 | 1.0 mi |
E 4454 Sacramento Pending | $549,900 List Price | 3 | 2 | 1,636 | $336 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Marketed as an 'Investor Special' and 'fix and flip' opportunity, this 1959 home is in largely original or severely dated condition. The kitchen features old cabinetry and appliances, the flooring consists of worn and stained carpeting, and the bathrooms require full modernization. With popcorn ceilings, dated wood paneling, and aged systems, the property requires substantial rehabilitation to meet current living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The permitted garage conversion with a private entrance offers significant flexibility, allowing for a potential two-bedroom rental unit, guest quarters, or an income-producing ADU setup.
- Private Pool
As a dedicated pool home, this property features a highly sought-after amenity in the Riverside market, increasing its desirability for both tenants and future buyers.
- Versatile Investment Layout
With over 1,600 sq. ft. of living space and an open floor plan, the home supports multiple exit strategies including fix-and-flip, multi-generational living, or a high-yield buy-and-hold.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Extensive Renovation Needs
Marketed as an 'Investor Special,' the property likely requires substantial capital improvement and modernization to address its 1959 original condition and maximize market value.
- Lack of Enclosed Parking
The conversion of the garage into living space leaves the property with only a carport, which may limit appeal for buyers prioritizing secure vehicle storage or traditional garage utility.
About 8584 Camelia
INVESTOR SPECIAL – Endless Potential & Priced to Move! Opportunity knocks with this 4-bedroom, 2-bath home POOL HOME offering over 1,600 sq. ft. of living space and incredible upside for the savvy investor! The permitted garage conversion with its own private entrance from outsider adds valuable square footage and flexibility, creating the potential for a separate 2-bedroom setup, guest quarters, or income-producing space. Featuring an open floor plan, central heating, private pool, and carport, this property has the layout and structure to support multiple exit strategies — fix and flip, buy and hold, or multi-generational living. The spacious design allows you to reimagine and maximize value with the right updates. Whether you’re expanding your portfolio or looking for your next project, this home presents strong investment potential with room to add equity. Investor opportunities like this don’t last — bring your vision and submit your offer before it’s gone!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,673 | 1,540 | 56% |
| Lot Size | 6,098 | 8,712 | 7% |
| Price | $550.0K | $620.0K | 21% |
| Price per sq ft | $329 | $412 | 12% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 183 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$550,000
Initial Listing
Sold
May 10, 1995
$95,500
Public Record