Investor's Dream! Value-Add Opportunity with Income Potential! Beautifully renovated single-story property on an expansive approximately 15,000 sq. ft. double lot offering endless possibilities for investors, owner-occupants, and multi-generational living.
The property features a permitted 2-bedroom, 2-bath main home (approximately 1,200 sq. ft.) plus an unpermitted studio ADU with 1 bedroom, 1 bath, a private entrance, and potential for future expansion (buyer to verify). A detached garage with drywall and bathroom hookups provides additional value-add potential for those exploring future conversion opportunities (buyer to verify permits and feasibility with the City of Riverside).
The oversized lot and existing improvements create an exceptional opportunity for rental income, house hacking, long-term investment, or future development. The spacious backyard includes a huge pool, adding to the property's appeal.
Conveniently located on a quiet cul-de-sac with quick freeway access, just minutes from UC Riverside, California Baptist University, downtown Riverside, parks, restaurants, and shopping.
Sold AS IS. Buyers, brokers, and agents are advised to conduct their own due diligence regarding permits, square footage, zoning, allowable uses, and development potential.
For sale
Listed by: Daniel C Robles Jr • Josh Flores JR • Contact: 424-485-2251
Price cut: $30K (7/9)
$749,000
3479 Hoover St, Riverside, CA 92504
3beds
1,600sqft
Single Family Residence
Built in 1967
0.34 Acres Lot
$775,400 Zestimate®
$468/sqft
$-- HOA
What's special
- 91 days
- 495
- 26
Zillow last checked:
Listing updated:
Listed by:
Josh Flores JR DRE #02182605 424-485-2251,
Daniel C Robles Jr
Source: CRMLS,MLS#: OC26129337
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Has private pool: Yes
- Pool features: In Ground, Private
- Has view: Yes
- View description: Pool
Lot
- Size: 0.34 Acres
- Features: 0-1 Unit/Acre, Cul-De-Sac, Front Yard
Details
- Additional structures: Guest House Detached
- Parcel number: 230192041
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $764,692
- Date on market: 6/14/2026
- Cumulative days on market: 92 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$775,400
$737,000 - $814,000
$3,399/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $749,000-3.9%$468/sqft |
Source: | ||
| 6/14/2026 | Listed for sale | $779,000+6%$487/sqft |
Source: | ||
| 10/26/2023 | Sold | $735,000$459/sqft |
Source: | ||
| 9/14/2023 | Contingent | $735,000$459/sqft |
Source: | ||
| 9/6/2023 | Listed for sale | $735,000+70.1%$459/sqft |
Source: | ||
| 7/7/2023 | Sold | $432,000-4%$270/sqft |
Source: Public Record Report a problem | ||
| 3/23/2023 | Pending sale | $450,000$281/sqft |
Source: | ||
| 3/15/2023 | Listed for sale | $450,000+38.9%$281/sqft |
Source: | ||
| 5/18/2006 | Sold | $324,000$203/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $764,692 +2% |
| 2025 | $8,386 +3.4% | $749,699 +2% |
| 2024 | $8,110 +57.2% | $735,000 +60.3% |
| 2023 | $5,160 +1.9% | $458,382 +2% |
| 2022 | $5,065 +1.3% | $449,395 +2% |
| 2021 | $4,999 +8.1% | $440,584 +8.5% |
| 2020 | $4,624 +2.9% | $405,985 +3% |
| 2019 | $4,494 +3.9% | $394,160 +4% |
| 2018 | $4,324 +7.3% | $379,000 +7.7% |
| 2017 | $4,028 | $352,000 +10% |
| 2016 | $4,028 +16.4% | $320,000 +1.3% |
| 2015 | $3,461 -0.1% | $316,000 +1% |
| 2014 | $3,463 | $313,000 +39.7% |
| 2013 | -- | $224,000 +1.4% |
| 2012 | -- | $221,000 +53.5% |
| 2011 | -- | $144,000 +3.6% |
| 2010 | -- | $139,000 -26.8% |
| 2009 | -- | $190,000 -32.4% |
| 2008 | -- | $281,000 -15% |
| 2007 | -- | $330,480 +93% |
| 2006 | -- | $171,252 +2% |
| 2005 | -- | $167,895 +3.9% |
| 2003 | -- | $161,589 +21.5% |
| 2002 | -- | $133,000 +6.4% |
| 2001 | $1,236 +19.4% | $125,000 +19% |
| 2000 | $1,036 | $105,000 |
Find assessor info on the county website
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Neighborhood: Magnolia Center
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