
Riverside, California 92503
This property presents a High-Potential Investment Opportunity with a List Price of $499,985—positioned well below the $508,680 Fair Market Value by 1.7%. This valuation gap offers $8,695 in Instant Equity for buyers. Featuring a Fair Condition Rating and a generous 8,276 sqft lot, the home offers significant value-add potential through renovation. With its solid 1984 construction and functional layout, this asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with immediate equity upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9267 Aralia Drive Subject | $499,985* List Price | 3 | 2 | 1,240 | $410 | - |
A 2835 Calle Sausalito Sold | $610,000 | 4 | 2 | 1,414 | $431 | 0.4 mi |
B 8842 Mentone Sold | $465,000 | 3 | 2 | 1,188 | $391 | 0.6 mi |
C 9304 Martha Sold | $500,000 | 3 | 2 | 1,104 | $453 | 0.4 mi |
D 3914 Mckenzie Sold | $500,000 | 2 | 2 | 1,260 | $397 | 1.0 mi |
E 9721 Indiana Avenue Active Under Contract | $535,000 List Price | 3 | 1 | 1,082 | $494 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) and explicitly listed as a 'Fixer' being sold 'AS IS.' The property features original 1980s bathrooms, dated interiors with visible wear, and significant deferred maintenance in the landscaping and exterior patio structures, requiring a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1240.
The property features a spacious 8,276 square foot lot, providing ample room for outdoor entertaining, gardening, or potential future expansions.
Priced competitively as a fixer-upper with 'good bones,' this home offers a significant opportunity for investors or handy buyers to build equity through renovation.
The property is being sold strictly in its current condition as a fixer, which will require the buyer to budget for immediate repairs and modernization.
Built in 1984 and requiring updates, the home likely lacks modern energy-efficient systems and contemporary interior finishes expected by today's buyers.
This home was originally purchased new by the seller in 1984/85 - It is being sold as a Fixer and, we feel, priced accordingly - Single Family Residence ~ 3 Bedrooms ~ 2 Bathrooms ~ 1,240 Square Feet ~ Fireplace ~ Double Attached Garage - Lot Area 8,276 ~ "AS IS" ~ Good Bones ~ No Abuse ~
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,240 | 1,634 | 25% |
| Lot Size | 8,276 | 8,058.5 | 50% |
| Price | $500.0K | $660.0K | 8% |
| Price per sq ft | $403 | $392 | 54% |
| Built year | 1984 | 1983 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 153 | 2% |
May 27, 2026
$499,985
Initial Listing