7595 Potomac Street, Riverside, CA 92504

$400,000 Asking Price

4 beds
2 baths
1,239  sqft
Built in 1946

Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 52 years! This charming fixer-upper holds immense potential for transformation. With a bit of work, you'll unlock significant after-repair value, making this a lucrative investment opportunity. Nestled on a generous 9,500+ square foot lot, the property boasts a spacious front yard and an expansive backyard, perfect for outdoor activities and future landscaping projects. Inside, you'll find hardwood floors throughout most of the home, with the exception of the kitchen and rear bedroom. The large living room features a genuine brick fireplace, adding a touch of classic elegance. This home offers versatile potential: whether you're an owner-occupant looking to personalize your dream home, an investor eyeing a rental property, or a flipper planning for a high return in the near future, this property fits the bill. Located in a prime area near Cal Baptist University, Riverside Plaza, and Downtown Riverside, you'll enjoy easy access to a variety of amenities that make Riverside an attractive city to call home. The neighborhood is thriving, with comparable homes listed at $600K+. Don't miss out on this unique opportunity to create value and realize substantial gains. Contact your buyer's agent for private remarks and further details. Due to condition of home property needs to be bought with All Cash, Private/Hard money loan and or Conventional loan.

Features & Amenities

Interior

Laundry:
Inside
A/C:
N/K
Heating:
N/K
Fireplace:
FP in Living Room

Exterior

Pool:
None
Parking:
Parking spaces: 1

Construction

Roofing:
Composition,Shingle
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
R1065, 230051010
View:
N/K
Fencing:
Masonry,Chain Link

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Keller Williams Realty, Joseph Orozco

About Riverside, CA

Housing

Number of Units
117,460
Median Home Value
$425,369
Median Rent
$1,318

42.75% of housing units are renter occupied.

3.67% are vacant.

Commute

Car
75.18%
Public Transportation
2.06%
Walk to Work
1.69%
Work from Home
19.74%
Other
0.66%

The median travel time to work is 27 minutes.

People

Population
369,431
Median Age
33.20
Median Household Size
3.32

Education

High School
25.48%
Associate’s Degree
7.98%
Bachelor’s Degree
15.27%
Graduate Degree
10.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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