4542 Bandini Avenue, Riverside, California 92506, Riverside, - bed, bath
ACTIVE$550,000
4542 Bandini Avenue, Riverside, California 92506
3Beds
2Baths
1,153Sqft
10,890Lot
Year Built
1923
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25180543
Home ConditionPoor
Features
ViewNeighborhood
About this home
Welcome to the Diamond in the Rough of Riverside. This historical home, built in 1923, and situated in the highly desired Wood Streets neighborhood. The home sits on 10,800 square feet (a quarter of an acre) and has 3 bedrooms and 2 bathrooms. The home is ready for a new generation to come in and make their mark. The home is being sold as-is and will not sit long.
Nearby schools
6/10
Pachappa Elementary School
Public,•PK-6•1.0mi
5/10
Bryant Elementary School
Public,•K-6•1.8mi
5/10
Alcott Elementary School
Public,•K-6•2.1mi
2/10
Central Middle School
Public,•7-8•0.7mi
4/10
Sierra Middle School
Public,•7-8•1.4mi
7/10
Polytechnic High School
Public,•9-12•1.9mi
5/10
Ramona High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
08/11/25
Listing
$550,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (232 Listings) | |
|---|---|---|---|
| Beds | 3 | 4 | 45% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,153 | 1,906 | 11% |
| Lot Size | 10,890 | 10,454 | 52% |
| Price | $550K | $730K | 10% |
| Price per square foot | $477 | $391 | 82% |
| Built year | 1923 | 1967 | 6% |
| HOA | |||
| Days on market | 86 | 169 | 16% |
Condition Rating
Poor
This 1923-built home is accurately described as a 'Diamond in the Rough' and is being sold 'as-is,' indicating a need for substantial rehabilitation. The kitchen features extremely dated white appliances (except for a mismatched stainless steel fridge), worn laminate countertops, and old cabinets, requiring a complete gut renovation. The bathroom is equally outdated with an old vanity, sink, faucet, and small square tiles. General interior images show worn carpets, cluttered spaces, and discolored walls, while the exterior reveals overgrown landscaping and an aged facade. There's no evidence of major renovations in recent decades, aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation to be comfortable and up to modern standards.
Pros & Cons
Pros
Prime Location: Situated in the 'highly desired Wood Streets neighborhood' of Riverside, offering strong community appeal and potential for appreciation.
Historic Charm & Character: A 1923-built 'historical home' provides unique architectural character and a sense of heritage, appealing to buyers seeking distinctive properties.
Generous Lot Size: The expansive 10,890 sqft (quarter-acre) lot offers significant outdoor space, potential for expansion, additional dwelling units (ADU), or extensive landscaping.
Renovation Potential: Marketed as a 'Diamond in the Rough' ready for a 'new generation to make their mark,' it presents a compelling opportunity for buyers to customize and add substantial value.
High Demand Potential: The listing's assertion that it 'will not sit long' indicates anticipated strong buyer interest, suggesting a competitive market for this property.
Cons
As-Is Sale Condition: Being sold 'as-is' implies the seller will not make repairs, placing the burden of any necessary renovations, updates, or deferred maintenance entirely on the buyer.
Age-Related Maintenance/Updates: As a 1923-built home, it likely requires significant investment in updating older systems (e.g., electrical, plumbing, HVAC) and addressing potential age-related issues.
Limited Interior Space: With 1153 sqft, the interior living space is relatively modest for a 3-bedroom, 2-bathroom home, especially given the large lot, which might not meet the needs of all prospective buyers.