
Riverside, California 92503
This Value-Add Residential Asset is listed at $565,000, representing a strategic entry point relative to its $528,560 Fair Market Value. Currently holding a Condition Rating of 4, the property requires "TLC" but offers a clear path for forced appreciation through renovation. The expansive 8,712 square foot lot provides superior utilization for potential ADU development or home expansion. Located within the Riverside Unified district near Tyler Mall and the 91 Freeway, this property is an ideal acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on a high-potential lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9721 Indiana Avenue Subject | $535,000* List Price | 3 | 1 | 1,082 | $494 | - |
A 9304 Martha Sold | $500,000 | 3 | 2 | 1,104 | $453 | 0.5 mi |
B 3546 Donald Sold | $610,000 | 3 | 1 | 1,139 | $536 | 0.7 mi |
C 4060 Harrison Street Sold | $485,000 | 3 | 2 | 1,058 | $458 | 0.9 mi |
D 10091 Shirley Pending | $490,000 List Price | 3 | 2 | 1,163 | $421 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is significantly aged (>20 years) and the listing explicitly states it 'needs some TLC,' indicating it is dated and requires minor repairs or updates. While the roof is relatively new (5-6 years), the lack of mentioned interior renovations and the overall age suggest original or older systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1082.
Situated right off the 91 Freeway and near the Tyler Mall, this property offers exceptional convenience to shopping, dining, and major transportation hubs.
The generous 8,712 square foot lot provides significant outdoor space, offering potential for an ADU, home expansion, or a large private garden.
The property is noted as needing 'TLC,' indicating that a buyer will likely need to invest additional capital into renovations and cosmetic repairs.
Featuring only one bathroom for a three-bedroom residence, the layout may be less desirable for modern families or those seeking higher resale value.
This is a 3 bedroom home with a walk in shower in a great location! It's right off the 91 Freeway at Van Buren. Huge Lot! 5-6 years new roof and dual pane windows. Close to the Tyler Mall, transportation, shopping, restaurants, and all. So convenient! Needs some TLC.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,082 | 1,618 | 12% |
| Lot Size | 8,712 | 7,841 | 56% |
| Price | $535.0K | $660.0K | 13% |
| Price per sq ft | $494 | $397 | 81% |
| Built year | 1957 | 1983 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 148 | 1% |
May 27, 2026
$535,000
$565,000
-5% Price Drop
Initial Listing
May 1, 2026
$565,000
Initial Listing
Jul 7, 2000
$109,000
Public Record