ACTIVE$580,000

3979 Bandini, Riverside, California 92506

2Beds

1Bath

1,069Sqft

7,405Lot

Year Built

1959

List price

$580K

Original List price

$550K

Price/Sqft

$543

HOA

Days on market

Sold On

MLS number

IV25271155

Home ConditionPoor

Features

ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $580.0K(18th), sqft - 1069(9th), beds - 2(8th), baths - 1(8th).

Located in Riverside’s highly desirable Wood Streets neighborhood, this 2-bedroom, 1-bath home presents a rare opportunity for investors, flippers, or buyers looking to build equity in an A+ location. The property offers a solid foundation with classic charm and a functional layout, while leaving plenty of room for modern upgrades and improvements. Sitting on a spacious lot, this home also offers strong ADU potential (buyer to verify), making it an excellent candidate for value-add strategies or income-producing possibilities. With the surrounding neighborhood known for well-maintained historic homes and consistent demand, this property is perfectly positioned for long-term upside. Ideal for investors seeking a project in a premier Riverside neighborhood—or homeowners wanting to customize a home to their vision—this is a chance to unlock significant value in the iconic Wood Streets. Opportunities like this don’t come often!

Nearby schools

6/10

Pachappa Elementary School

Public,•PK-6•0.8mi

5/10

Bryant Elementary School

Public,•K-6•1.7mi

5/10

Alcott Elementary School

Public,•K-6•1.7mi

2/10

Central Middle School

Public,•7-8•0.5mi

4/10

Sierra Middle School

Public,•7-8•1.5mi

7/10

Polytechnic High School

Public,•9-12•1.5mi

5/10

Ramona High School

Public,•9-12•2.4mi

Price History

Date

Event

Price

12/15/25

Price Change

$580,000+5.5%

12/06/25

Listing

$550,000

01/05/10

Sold

$158,000

05/12/06

Sold

$350,000

08/22/02

Sold

$167,000

08/29/97

Sold

$87,500

Condition Rating

Poor

Built in 1959, this property is over 60 years old and explicitly described as needing 'modern upgrades and improvements' and an 'extensive renovation.' It is marketed as a 'project' for 'investors, flippers, or buyers looking to build equity,' indicating substantial repairs and rehabilitation are required. The exterior image shows an older home with dated features and unkempt landscaping, consistent with a property that has not undergone recent major renovations. While the foundation is noted as solid, the overall condition suggests outdated systems, materials, and design throughout, including the likely condition of the kitchen and bathroom, which would require significant investment to meet current standards.

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 = 7405, living area = 1069.

Prime Location: Located in Riverside's highly desirable 'Wood Streets' neighborhood, known for its A+ status, well-maintained historic homes, and consistent demand.

Strong Investment Potential: Explicitly positioned for investors, flippers, or buyers seeking to build equity, offering significant long-term upside and value-add opportunities.

ADU Potential: The spacious 7,405 sqft lot provides strong potential for adding an Accessory Dwelling Unit (ADU), enhancing income generation or multi-generational living options.

Solid Foundation & Classic Charm: The property boasts a solid foundation and classic architectural charm, providing good bones for a renovation project.

Generous Lot Size: A 7,405 sqft lot offers ample outdoor space and supports expansion or ADU development, a significant asset in this neighborhood.

Cons

Extensive Renovation Required: The property is presented as a 'project' needing 'modern upgrades and improvements,' implying significant renovation costs and effort for a buyer.

Limited Living Space: With only 2 bedrooms and 1 bathroom across 1,069 sqft, the home offers limited living space, which may not meet the needs of larger households or those desiring more amenities.

Older Construction: Built in 1959, the home's age suggests potential for outdated systems, materials, and design, contributing to the need for extensive modernization.

About this home

Nearby schools

Price History

Pros

Cons

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3979 Bandini, Riverside, California 92506, Riverside, 92506 - 2 bed, 1 bath

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI