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4145 Vernon Avenue, Riverside, CA 92509

$712K2bd · 2ba · 1,878 sqft
Lot 32,670 sqft•Single Family Residence•
Active
•13d on market•MLS# OC-26223127

Property Description

EXPANSIVE LOT WITH TREMENDOUS INVESTMENT POTENTIAL! An exciting opportunity for investors, contractors, and buyers with a vision! Situated on an impressive 32,670-square-foot lot (approximately three-quarters of an acre), this property offers an abundance of space, flexibility, and potential. The home features 2 permitted bedrooms and 2 permitted bathrooms, along with additional living areas that provide opportunities for a variety of uses. These spaces include a rear addition with an additional bedroom, bathroom, and kitchen, as well as a converted garage with additional living quarters, all of which appear to have been completed without permits. The property would benefit from renovation and improvements, making it an excellent opportunity for experienced buyers looking to restore, customize, and maximize its potential. Inside, the home offers spacious living areas, vaulted ceilings, and a kitchen with ample cabinetry, while the expansive grounds provide plenty of room for outdoor entertaining, gardening, storage, or exploring future improvements, subject to applicable approvals. Conveniently located near shopping and dining along Mission Boulevard, Glen Avon Heritage Park, and major transportation routes, with access to Downtown Riverside, the historic Mission Inn, and Mount Rubidoux. With its substantial lot size, versatile configuration, and considerable upside potential, this property presents a compelling opportunity for investors and handy buyers ready to bring their vision to life. Buyer to verify square footage, permits, and the status of all additions and improvements.

Features & Amenities

FeeBuilt 1940

Property Details

Land Type
Fee
Year Built
1940
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
See Remarks
City
Riverside
Zip Code
92509
County
Riverside
Listed byFiduciary Real Estate Services, Teresa Gorman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,600.26
Principal & Interest
Loan Amount
$569,600
Total Interest
$726,493
Total Payment Over 30 Years
$1,296,093
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

4145 Vernon Avenue, Riverside, CA 92509

Riverside · Single Family Residence

$712K
Residential Tier
Beds
2
Baths
2
Sqft
1,878
Lot
32,670 sqft
Year
1940
$/Sqft
$379
Pool: No✓
Garage: 2-car✓

Listed in line with the median closed sale of $721,000. Price per sqft ($379) is a 18% discount to closed comps ($461). Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $712K· $379/sqft
Total list price
Closed comps
vs closed median $721K
−$9K (−1.2%)
Active comps
vs active median $636K
+$76K (+11.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $405
−$26 (−6.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4247 Solomon StreetJurupa Valley2015432,2356,098$327$730,0008469
7907 Standish AvenueRiverside1976421,85010,890$430$795,0003468
7770 Big RockJurupa Valley1965421,5637,841$405$633,3339164
9045 BellegraveJurupa Valley1961321,30012,632$473$614,9992763
15552 Willow DriveFontana1989331,6373,600$389$636,000463
Total: 5 · Average3.62.41,7178,212.2$404.8$681,866.448
Median1,637$636,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
8524 Red MesaJurupa Valley198606/19/2026321,39520,037$690,000$721,000$5171.045677
8440 BrookfieldJurupa Valley198007/31/2026521,99221,700$781,000$781,000$3921.006975
4546 LoneJurupa Valley198007/10/2026421,33220,038$689,000$689,000$5171.002474
8372 45th StJurupa Valley198412/22/2025421,45820,038$699,800$700,000$4801.005572
4740 Brookhill TerJurupa Valley198411/05/2025422,01920,000$799,999$805,000$3991.015470
Total: 5 · Average4.02.01,639.220,362.6$739,200$739,200$461—51.6
Median1,458$721,000$721,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.