4776 Granada, Riverside, California 92504, Riverside, 92504 - 2 bed, 2 bath

4776 Granada, Riverside, California 92504 home-pic-0
ACTIVE$385,888
4776 Granada, Riverside, California 92504
2Beds
2Baths
1,253Sqft
6,970Lot
Year Built
1952
Close
-
List price
$386K
Original List price
$386K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
TR25277138
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $385.9K(2th), sqft - 1253(26th), beds - 2(12th), baths - 2(50th).

Welcome to 4776 Granada Ave, a true fixer-upper with tremendous potential, located on a beautiful tree-lined street in a quiet, established Riverside neighborhood. This property is ideal for investors or buyers looking to create their dream home from the ground up. Property shows as a 3-bedroom/2-bath, while Title reports it as a 2-bedroom/2-bath—buyer to verify. The home is conveniently located near major shopping centers, universities, and a public library, offering excellent long-term value and accessibility. The property features a long driveway leading to a rear garage, providing ample space for RV parking, a toy hauler, or multiple vehicles. The large lot offers outstanding potential with both a spacious front yard and a large gated backyard, perfect for expansion, ADU possibilities (buyer to verify), or outdoor living. This home requires a full remodel and is being sold as-is. Cash or hard-money financing is recommended, as traditional financing may not be suitable. A rare opportunity to unlock value in a prime Riverside location—don’t miss this diamond in the rough.

Nearby schools

4/10
Mountain View Elementary School
Public,PK-61.1mi
6/10
Pachappa Elementary School
Public,PK-61.3mi
4/10
Washington Elementary School
Public,K-61.7mi
5/10
Alcott Elementary School
Public,K-62.5mi
4/10
Sierra Middle School
Public,7-80.4mi
4/10
Matthew Gage Middle School
Public,7-81.7mi
2/10
Central Middle School
Public,7-82.1mi
3/10
Chemawa Middle School
Public,7-82.1mi
5/10
Ramona High School
Public,9-120.7mi
7/10
Polytechnic High School
Public,9-122.1mi
5/10
Arlington High School
Public,9-122.7mi

Price History

Date
Event
Price
12/16/25
Listing
$385,888
Condition Rating
Poor

Built in 1952, this property is explicitly described as a 'true fixer-upper' requiring a 'full remodel' and is being sold 'as-is.' The recommendation for cash or hard-money financing strongly indicates significant defects and a condition unsuitable for traditional mortgages. The absence of interior photos, particularly of the kitchen and bathrooms, further suggests these areas are in very poor, outdated, or non-functional states, necessitating substantial repairs and rehabilitation throughout the entire home.
Pros & Cons

Pros

Prime Location & Established Neighborhood: Located on a beautiful tree-lined street in a quiet, established Riverside neighborhood, conveniently near major shopping centers, universities, and a public library.
Significant Investment/Value-Add Potential: Described as a 'true fixer-upper with tremendous potential' and an opportunity to 'unlock value,' ideal for investors or those seeking to customize their dream home.
Generous Lot Size & ADU Potential: A large 6,970 sqft lot with spacious front and gated backyard, offering outstanding potential for expansion, outdoor living, and ADU possibilities (buyer to verify).
Ample Parking & RV/Toy Hauler Space: Features a long driveway and rear garage, providing extensive parking options, including space for RVs, toy haulers, or multiple vehicles.
Long-Term Value & Accessibility: Its convenient location near essential amenities and educational institutions contributes to excellent long-term value and accessibility.

Cons

Extensive Renovation Required: The property is a 'true fixer-upper' that 'requires a full remodel' and is being sold 'as-is,' indicating significant upfront investment and effort.
Challenging Financing: Traditional financing may not be suitable, with cash or hard-money financing recommended, limiting the pool of potential buyers.
Bedroom Count Discrepancy: A notable difference exists between the property's apparent 3-bedroom count and the title report's 2-bedroom, requiring buyer verification and potentially impacting value or usability.

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