9203 Owari, Riverside, California 92508, Riverside, 92508 - 4 bed, 3 bath
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9203 Owari
Riverside, California 92508
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
1,840Sq Ft
6,970Lot Size
Property Price
LIST PRICE$739,000
EST. MARKET VALUE
$773,964
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $739,000—positioned well below the $775,302 Fair Market Value by 4%. This valuation gap offers $36,302 in Instant Equity. Featuring a private pool and spa, main-level bedroom, and new laminate flooring, the home maintains a Mint Condition Rating. Located in the Orangecrest community near top-rated Martin Luther King Jr. High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready lifestyle.
Estimated Market Value
$773,964+$34,964 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9203 Owari Subject 4 bd · 3 ba · 1,840 sqft · $421 | $739,000* List Price | 4 | 3 | 1,840 | $421 | - |
A 9057 Mandarin Sold 4 bd · 3 ba · 2,027 sqft · $340 · 0.2 mi | $689,000 | 4 | 3 | 2,027 | $340 | 0.2 mi |
B 9140 Rangpur Sold 4 bd · 3 ba · 1,922 sqft · $375 · 0.3 mi | $720,000 | 4 | 3 | 1,922 | $375 | 0.3 mi |
C 9244 Loquat Sold 4 bd · 3 ba · 1,928 sqft · $401 · 0.2 mi | $773,000 | 4 | 3 | 1,928 | $401 | 0.2 mi |
D 9053 Limecrest Drive Sold 4 bd · 3 ba · 2,027 sqft · $363 · 0.4 mi | $735,000 | 4 | 3 | 2,027 | $363 | 0.4 mi |
E 19465 Kinnow Sold 4 bd · 3 ba · 1,840 sqft · $410 · 0.2 mi | $755,000 | 4 | 3 | 1,840 | $410 | 0.2 mi |
F 8929 Barton Street Sold 4 bd · 3 ba · 1,973 sqft · $370 · 0.7 mi | $730,000 | 4 | 3 | 1,973 | $370 | 0.7 mi |
G 19320 Totem Court Sold 3 bd · 3 ba · 1,686 sqft · $390 · 0.2 mi | $657,500 | 3 | 3 | 1,686 | $390 | 0.2 mi |
H 9253 Sunridge Sold 5 bd · 3 ba · 2,079 sqft · $349 · 0.3 mi | $725,000 | 5 | 3 | 2,079 | $349 | 0.3 mi |
I 9140 Owari Lane Active Under Contract 5 bd · 3 ba · 2,000 sqft · $367 · 0.1 mi | $734,888 List Price | 5 | 3 | 2,000 | $367 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1989, the property has undergone significant recent renovations (likely <5 years) including new laminate flooring throughout, modern quartz countertops in the kitchen and bathrooms, and updated stainless steel appliances. The interior is in mint, move-in-ready condition with high-end finishes and well-maintained exterior features like the pool and new fencing.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Martin Luther King Jr. High School (9/10).
- Outdoor Entertaining Oasis
The property features a private in-ground pool and spa with a waterfall, an outdoor shower, and RV access, offering a premium outdoor lifestyle rarely found at this price point.
- Prime Location & Schools
Ideally situated on a corner lot in a cul-de-sac directly across from Bergamont Park, the home is zoned for top-rated schools, including the highly-regarded Martin Luther King Jr. High.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1840, other record living area = 1525. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Compact Interior Square Footage
At 1,840 square feet for a four-bedroom home, the living spaces and bedrooms may feel somewhat constrained compared to larger contemporary floor plans in the Orangecrest area.
- Potential Aging Infrastructure
Built in 1989, the property may require near-term capital improvements for major systems such as the roof or HVAC if they have not been updated beyond the cosmetic interior renovations.
About 9203 Owari
WELCOME TO ORANGECREST LIVING AT ITS BEST!** Ideally situated on a desirable corner lot directly across from Bergamont Park. This cul-de-sac home combines location, lifestyle and exceptional entertaining features. This two-story home is 4 bedrooms, 3 bathrooms and approximately 1,840 sq ft includes the convenience of a main-level bedroom and bathroom. Step inside to a bright, welcoming interior enhanced by new laminate flooring throughout, soaring ceilings and abundant natural light. The kitchen features quartz countertops and opens to the family room with a cozy gas fireplace. SoCal lifestyle! Enjoy a private fenced in-ground pool and spa with waterfall, covered patio and a convenient outdoor shower—perfect after a swim. New wood fencing accented with decorative lighting adds privacy and creates an inviting atmosphere for evening entertaining. RV access/parking and an attached 2-car epoxy garage adds even more versatility. Then there's the location! Green space and recreation just steps from your front door. Located in the highly desirable **Orangecrest community**, within the Riverside Unified School District and convenient to neighborhood amenities, shopping and dining. **NO HOA!** WELCOME HOME !!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Mark Twain Elementary School
Grades K-6 • 0.3 mi
7/10
Benjamin Franklin Elementary School
Grades K-6 • 0.9 mi
8/10
John F. Kennedy Elementary School
Grades K-6 • 1.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,840 | 1,854.896 |
| Lot Size | 6,970 | 8,680.308 |
| Price | $739.0K | $698.4K |
| Price per sq ft | $402 | $380 |
| Built year | 1989 | 1982 |
| HOA | $0 | $156 |
| Days on market | 44 | 57 |
Pricing History
Listed for Sale
Sep 10, 2026
$739,000
Initial Listing
Sold
Oct 21, 2021
$657,500
Public Record
Sold
May 10, 2018
$450,000
Public Record
Sold
Sep 22, 2014
$300,000
Public Record
Sold
Sep 2, 2005
$429,000
Public Record
Sold
Apr 21, 1995
$263,000
Public Record