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3837 Gates, Riverside, CA 92504

$550K3bd · 2ba · 1,921 sqft
Lot 7,405 sqft•Single Family Residence•
Active
•23d on market•MLS# SW-26210390

Property Description

INVESTOR OPPORTUNITY IN DESIRABLE COLEMAN OAKS! Bring your vision—and your tools—to this 3-bedroom, 2-bath Riverside residence in an established and highly desirable neighborhood. Built in 1955, this home features a converted garage offering additional family room space and an in-ground swimming pool. The property will require repairs and updating and is well suited for investors, contractors, and cash buyers. Conveniently located near California Baptist University, shopping, dining, entertainment, major transportation routes, and medical facilities including Kaiser Permanente Medical Center & Riverside Community Hospital.

Features & Amenities

FeeBuilt 1955

Property Details

Land Type
Fee
Year Built
1955
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
Flooring
Carpet, Tile
City
Riverside
Zip Code
92504
County
Riverside
Listed byKW Temecula, Catherine Nelson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,780.59
Principal & Interest
Loan Amount
$439,920
Total Interest
$561,094
Total Payment Over 30 Years
$1,001,014
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

3837 Gates, Riverside, CA 92504

Riverside · Single Family Residence

$550K
Residential Tier
Beds
3
Baths
2
Sqft
1,921
Lot
7,405 sqft
Year
1955
$/Sqft
$286
Pool: Yes✓

Listed 9.9% below the median closed sale of $610,000. Price per sqft ($286) is a 32% discount to closed comps ($420). Closed comps sold at 101% of list — strong seller's market. Expect a longer timeline — comps averaged 132 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $550K· $286/sqft
Total list price
Closed comps
vs closed median $610K
−$60K (−9.9%)
Active comps
vs active median $610K
−$60K (−9.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $457
−$171 (−37.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3561 JeffersonRiverside1955321,2508,712$488$610,000585
4267 CanterburyRiverside1953421,1228,712$535$599,8008179
4242 EileenRiverside1953421,7528,276$340$595,0008877
4146 Via San LuisRiverside1951421,4746,970$421$620,000676
4386 Toyon RoadRiverside1960321,2247,405$502$614,9994471
Total: 5 · Average3.62.01,364.48,015$457.2$607,959.844.8
Median1,250$610,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4035 MadronaRiverside195610/13/2026321,3585,663$629,900$630,000$4641.0025886
3866 Gates PlaceRiverside195506/05/2026521,9397,841$599,000$610,000$3151.0210680
3765 Roslyn StreetRiverside195411/07/2025321,5169,148$589,900$595,000$3921.016574
3909 Rockingham PlaceRiverside195412/09/2025321,3558,276$598,000$610,000$4501.028373
8205 Janis StreetRiverside195912/30/2025321,2696,970$595,000$605,000$4771.0214773
Total: 5 · Average3.42.01,487.47,579.6$610,000$610,000$419.6—131.8
Median1,358$610,000$610,000

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.