3987 4th St, Riverside, CA 92501 - View 1
3987 4th St, Riverside, CA 92501 - View 2
3987 4th St, Riverside, CA 92501 - View 3

3987 4th St, Riverside, CA 92501

List Price: $899,999On Market FlagOn market
Jun 25, 20253,425 sqft6 beds7 baths
Listed by: LEIGHTON SILVA
License #: 02023771
Phone #: 951-369-8002
Tower Agency
Source:
CRMLS Logo
MLS #: IV25142940

Property Description

A True Hidden Gem in the Heart of Riverside, formerly known as "The Idea House". In the mid-1990s, a redevelopment agency purchased this Victorian known as “the idea house” and had it fixed up as part of a TV show. This is a once-in-a-lifetime opportunity to own a unique and versatile property in the thriving City of Riverside. Situated on a large corner lot, this expansive home features 6 bedrooms and 7 bathrooms — including a private in-house apartment — offering a variety of potential uses. Whether you're an investor looking to continue its use as a sober living facility, transform it into student housing, or develop a charming boutique hotel just minutes from downtown Riverside, the possibilities are endless (buyer to verify zoning and permitted uses). With Riverside’s rapid growth and revitalization, this property is perfectly positioned to be a standout asset. Are you ready to be a visionary and capitalize on one of the Inland Empire’s fastest-growing markets?
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,925

TurboHome Estimated Value

$947,500

$277 sqft

High Valuation
$994,875
$290/sqft
Normal Valuation
$947,500
$277/sqft
Low Valuation
$900,125
$263/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$277/sqft$947,500

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