4791 Granada Ave, Riverside, California 92504, Riverside, - bed, bath

home-pic
ACTIVE$490,000
4791 Granada Ave, Riverside, California 92504
2Beds
2Baths
1,386Sqft
8,276Lot
Year Built
1952
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25208538
Home ConditionPoor
Features
View-

About this home

Investor Special – Full Rehab Opportunity in Riverside! This 2-bedroom, 2-bathroom single-story home offers a prime chance to create value in one of Riverside’s amazing neighborhoods. Featuring a detached garage and a spacious lot, this property is ready for a full rehab to bring it back to life. With strong upside potential this is an ideal project for seasoned investors or flippers looking for their next opportunity. Don’t miss your chance to reimagine this home and maximize its potential in a great Riverside location!

Nearby schools

4/10
Mountain View Elementary School
Public,PK-61.0mi
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,7-82.2mi
5/10
Ramona High School
Public,9-120.8mi
7/10
Polytechnic High School
Public,9-122.2mi
5/10
Arlington High School
Public,9-122.7mi

Price History

Date
Event
Price
09/09/25
Listing
$490,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (191 Listings)
Beds23
11%
Baths22
50%
Square foot1,3861,600
38%
Lot Size8,2769,148
44%
Price$490K$630K
7%
Price per square foot$354$412
26%
Built year19529795980
23%
HOA
Days on market57154
6%
Condition Rating
Poor

The property, built in 1952, is explicitly marketed as an 'Investor Special – Full Rehab Opportunity.' The exterior images reveal significant neglect, including worn paint, damaged porch elements, and an extremely cluttered and unkempt yard with debris and dilapidated structures. While interior images of the kitchen and bathrooms are not provided, the description and visible exterior condition strongly indicate that these areas, along with all major systems, would require complete renovation and replacement. The property requires substantial repairs and rehabilitation to be habitable and functional, aligning with the criteria for a 'Poor' condition score.
Pros & Cons

Pros

High Investment Potential: Explicitly marketed as an 'Investor Special' with 'strong upside potential' for value creation through a full rehabilitation, ideal for flippers or long-term investors.
Prime Riverside Location: Situated in 'one of Riverside’s amazing neighborhoods' and a 'great Riverside location,' enhancing future marketability and potential appreciation.
Generous Lot Size: Features a 'spacious lot' of 8,276 sqft, offering ample outdoor space for landscaping, potential expansion, or additional amenities.
Detached Garage: Includes a detached garage, providing valuable parking, storage, or potential for conversion (e.g., ADU, workshop) subject to local regulations.
Proximity to Quality Schools: Located near several well-rated schools, including Polytechnic High School (rating 7) and Sierra Middle School (0.4 miles away), appealing to future families.

Cons

Extensive Renovation Required: The property is explicitly described as needing a 'full rehab,' indicating significant capital investment, time commitment, and potential for unforeseen costs during renovation.
Older Construction: Built in 1952, the home likely requires comprehensive updates to major systems (e.g., plumbing, electrical, HVAC) and structural components to meet modern standards and preferences.
No Notable Views: The property detail explicitly states 'view: None,' indicating a lack of scenic or desirable views that could otherwise enhance its appeal and market value.

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