3958 4th, Riverside, California 92501, Riverside, 92501 - 2 bed, 1 bath

3958 4th, Riverside, California 92501 home-pic-0
ACTIVE$579,888
3958 4th, Riverside, California 92501
2Beds
1Bath
1,364Sqft
8,276Lot
Year Built
1922
Close
-
List price
$580K
Original List price
$599K
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
CV25265783
Home ConditionExcellent
Features
Patio
View-

About this home

Great Deal:The estimated price is 3% above the list price. We found 4 Cons,6 Pros. Rank: price - $579.9K(37th), sqft - 1364(32th), beds - 2(16th), baths - 1(16th).

Nestled in the heart of Downtown Riverside, this beautifully renovated 2 bedroom, 1 bathroom home perfectly blends modern upgrades with timeless character. Thoughtfully updated inside and out, it offers a fresh, move in ready living space ideal for anyone looking to enjoy the charm and convenience of city living. Step inside to find a bright, open floor plan featuring brand new finishes, contemporary flooring, and a beautifully redesigned kitchen with sleek cabinetry and stylish countertops. The airy living and dining areas are filled with natural light, creating a welcoming space to relax, entertain, or unwind. A brand new AC unit ensures year round comfort, while the huge backyard provides endless possibilities from weekend gatherings and gardening to future expansion. Plus, the detached bonus room offers valuable extra space for a home office, creative studio, guest room, or potential ADU (buyer to verify).All of this, just minutes from Riverside’s historic downtown, with its vibrant shops, restaurants, cultural spots, and easy access to transportation. Don’t miss this rare opportunity to own a truly special home with space to grow, in one of Riverside’s most desirable and walkable neighborhoods.

Price History

Date
Event
Price
12/11/25
Price Change
$579,888-0.9%
12/06/25
Price Change
$585,000-2.3%
11/24/25
Listing
$598,888
07/29/25
Sold
$410,000
02/24/94
Sold
$154,000
Condition Rating
Excellent

Despite being built in 1922, this property has undergone an extensive and high-quality renovation, making it virtually new inside. The description highlights 'brand new finishes, contemporary flooring, and a beautifully redesigned kitchen with sleek cabinetry and stylish countertops.' Images confirm a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. The bathroom features new marble-patterned tiling, gold fixtures, and a modern vanity. A brand new AC unit is also noted. All visible components are new or virtually new, meeting current quality standards, aligning perfectly with an 'Excellent' condition score for a recently renovated property.
Pros & Cons

Pros

High Available Lot Utilization: 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 = 1364.
Extensive Renovation & Move-in Ready: The property has undergone a beautiful and thoughtful renovation, featuring modern upgrades, brand new finishes, contemporary flooring, and a redesigned kitchen, making it a fresh, move-in ready living space.
Prime Downtown Location: Nestled in the heart of Downtown Riverside, the home offers convenient access to vibrant shops, restaurants, cultural spots, and transportation, appealing to those seeking city living and a walkable neighborhood.
Detached Bonus Room with ADU Potential: A valuable detached bonus room provides flexible extra space for a home office, studio, guest room, or potential Accessory Dwelling Unit (ADU), adding significant versatility and future value.
Large Lot & Expansion Potential: The huge 8,276 sqft backyard offers ample space for outdoor activities, gardening, and future expansion possibilities, which is a significant asset in a downtown setting.
Brand New AC Unit: The installation of a brand new AC unit ensures year-round comfort, providing a key modern amenity that enhances livability and reduces immediate upgrade costs for the buyer.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-29. The sold price is $410,000.00.
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom for 1364 sqft, the property's configuration may not suit larger families or buyers requiring more private spaces, despite the bonus room.
Age of Property (Potential Hidden Costs): Built in 1922, while extensively renovated, older homes can still present unforeseen maintenance challenges related to original infrastructure (e.g., plumbing, electrical, foundation) that may not have been fully addressed by cosmetic updates.
Recent Price Reductions: Multiple price reductions from the original list price suggest potential overpricing or a lack of strong buyer interest at previous price points, which could impact perceived value or negotiation dynamics.

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