1
Map
$530,000
●
House -
Off Market
3262 Racine
Riverside, CA 92503
3 Beds
2 Baths
1,178 Ft²
$2,603
Est. Monthly
About This Property
Here's your opportunity to transform a probate home in one of
Riverside's most conveniently located neighborhoods - with **NO
court confirmation required**. This 3-bedroom, 2-bath home offers
RV access and parking, and an excellent opportunity for buyers
looking to customize and build equity. The property features a
functional A/C and heating system and The home just needs a little
love, a good cleaning and care to bring out its full potential.
Situated on a quiet, established street, the home is conveniently located near the Galleria at Tyler, Kaiser Permanente Hospital, shopping, dining, entertainment, transportation, and major freeway access. Excellent commuter location with convenient access toward Orange County. Property offers strong upside potential in an established community with nearby amenities and services.
Situated on a quiet, established street, the home is conveniently located near the Galleria at Tyler, Kaiser Permanente Hospital, shopping, dining, entertainment, transportation, and major freeway access. Excellent commuter location with convenient access toward Orange County. Property offers strong upside potential in an established community with nearby amenities and services.
Unit Size
1,178 Ft²
Days on Market
99 days
Land Size
0.14 acres
Price per sqft
$450
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #IG26124661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Price Increased |
$530,000
↑ $5K
(1%) | |
| Price Increased | |||
| Jun 8, 2026 | Listed by Re/Max Partners | $525,000 | |
| Listed by Re/Max Partners | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Sierra South
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Listed by: Nora De La Torre, Re/Max Partners
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IG26124661
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IG26124661
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