8841 California, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath
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Riverside, California 92503
This Mid-Century Traditional Residence is a Strong Value Opportunity, listed at $585,555—positioned well below the $591,327 Fair Market Value by 1%. This valuation gap provides $5,772 in Instant Equity. While maintaining a Condition Rating of 4, the home features sought-after city light views and a spacious 6,970 sq ft lot. The interior offers a functional layout ready for modernization, including updates to the vintage kitchen and bathrooms. Located in the Riverside Unified district, this property is ideal for Owner-Occupants looking to build wealth or first-time buyers seeking a view-oriented home with personalization potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8841 California Subject | $585,555* List Price | 3 | 2 | 1,394 | $424 | - |
A 4117 Bel Air Sold | $558,000 | 3 | 2 | 1,290 | $433 | 0.1 mi |
B 8815 San Vicente Sold | $525,000 | 3 | 2 | 1,278 | $411 | 0.5 mi |
C 3893 Overland Street Sold | $567,000 | 3 | 2 | 1,466 | $387 | 0.4 mi |
D 8741 Harper Court Sold | $675,000 | 4 | 2 | 1,428 | $473 | 0.2 mi |
E 4092 Overland Sold | $475,000 | 4 | 2 | 1,253 | $379 | 0.2 mi |
F 8971 Glencoe Drive Sold | $575,000 | 4 | 2 | 1,278 | $450 | 0.6 mi |
G 8738 San Vicente Pending | $575,000 List Price | 3 | 2 | 1,100 | $523 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the home is functional but shows significant signs of age with mostly original or dated features. The kitchen contains older wood cabinetry and tile countertops, while the bathrooms feature vintage pink and brown tiling. The presence of popcorn ceilings, worn carpeting, and window AC units indicates that the property has not undergone a major renovation in several decades.
The property features city light and neighborhood views, providing an elevated aesthetic appeal that is highly sought after in the Riverside area.
With 3 bedrooms, 2 bathrooms, and nearly 1,400 square feet of living space, the home offers a well-proportioned layout suitable for families or first-time buyers.
The nearly 7,000 square foot lot provides significant outdoor space for gardening, entertaining, or potential future expansions, offering versatility for the homeowner.
Built in 1956, the home may require updates to major systems or cosmetic modernizations to meet contemporary standards and energy efficiency.
The sparse listing description lacks detail regarding recent upgrades or interior condition, which may necessitate a thorough physical inspection to uncover potential maintenance needs.
Welcome to 8841 California Ave 3 Bedrooms 2 Bathrooms and 2 Car Garage
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,394 | 1,634 | 35% |
| Lot Size | 6,970 | 7,841 | 36% |
| Price | $585.6K | $660.0K | 25% |
| Price per sq ft | $420 | $391 | 60% |
| Built year | 1956 | 1986 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 180 | 0% |
Apr 12, 2026
$585,555
Initial Listing
Dec 4, 2017
$340,000
Public Record