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. The manager has listed the unit size as 1239 square feet.