4224 Brockton Ave, Riverside, CA 92501 - View 1
4224 Brockton Ave, Riverside, CA 92501 - View 2
4224 Brockton Ave, Riverside, CA 92501 - View 3

4224 Brockton Ave, Riverside, CA 92501

Sale Price: $520,000
Nov 1, 20241,876 sqft4 beds2 baths
Listed by: Brittany Van Billiard
License #: 02133148
Phone #: 951-682-1133
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: IG24191305

Property Description

Investor Opportunity: Historic Property in Downtown Riverside! Located in the heart of Riverside’s historic downtown district, this property offers a remarkable opportunity for investors seeking a project in one of the city's most vibrant neighborhoods. Surrounded by Riverside’s unique blend of cultural heritage, this property stands ready for transformation into a high-yield asset. Generously sized rooms with high ceilings and large windows, allowing for ample natural light. Original architectural details, including doors, knobs, lighting and trim, ideal for a period-accurate restoration. Flexible floor plan with the potential for creative reconfiguration to maximize rental income, whether as multi-unit residences, office spaces, or a mixed-use development. Detached garage offers additional storage or could be renovated for more functional space. This property is an ideal investment for those looking to tap into Riverside’s dynamic growth. Don’t miss out on bringing this property back to life in one of Riverside’s most desirable areas!
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

$6,438

TurboHome Estimated Value

$527,100

$281 sqft

High Valuation
$553,455
$295/sqft
Normal Valuation
$527,100
$281/sqft
Low Valuation
$500,745
$267/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$281/sqft$527,100

Neighborhood: Downtown

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Comparative Value

$520K

$555K

$625K

$645K

$675K

4224 Brockton Ave, Riverside, CA 92501

Sale Price: $520,000

Selected Comparable

4320 Glenwood Dr, Riverside, CA 92501

Sale Price: $555,000

Selected Comparable

4224 Brockton Ave, Riverside, CA 92501

List Price: $625,000

Subject Property

3951 2nd St, Riverside, CA 92501

Sale Price: $625,000

Selected Comparable

4223 12th St, Riverside, CA 92501

Sale Price: $645,000

Selected Comparable

4040 3rd St, Riverside, CA 92501

Sale Price: $675,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4224 Brockton Ave, Riverside, CA 92501

4224 Brockton Ave, Riverside, CA 92501

List: $625,000

Listed: 11/1/2024

Area:1,876 sqft
Price/sqft:$333
Beds:4
Baths:2
Year Built:
Lot Size:7,841

Comparable Properties

COMPARABLE
Choose comps
4224 Brockton Ave, Riverside, CA 92501

4224 Brockton Ave, Riverside, CA 92501

Sale: $520,000

1/2/20250.00 mi

Area:1,876 sqft
Price/sqft:$277
Beds:4
Baths:2
Year Built:
Weight:22.0%
4223 12th St, Riverside, CA 92501

4223 12th St, Riverside, CA 92501

Sale: $645,000

5/2/20250.12 mi

Area:1,993 sqft
Price/sqft:$324
Beds:4
Baths:2
Year Built:
Weight:21.6%
4040 3rd St, Riverside, CA 92501

4040 3rd St, Riverside, CA 92501

Sale: $675,000

12/20/20240.69 mi

Area:1,878 sqft
Price/sqft:$359
Beds:4
Baths:2
Year Built:
Weight:20.3%
3951 2nd St, Riverside, CA 92501

3951 2nd St, Riverside, CA 92501

Sale: $625,000

1/10/20250.81 mi

Area:1,744 sqft
Price/sqft:$358
Beds:4
Baths:2
Year Built:
Weight:19.3%
4320 Glenwood Dr, Riverside, CA 92501

4320 Glenwood Dr, Riverside, CA 92501

Sale: $555,000

4/24/20250.45 mi

Area:1,745 sqft
Price/sqft:$318
Beds:3
Baths:2
Year Built:
Weight:16.8%

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