1050 Athena Court, Riverside, California 92507, Riverside, 92507 - 4 bed, 2 bath

1050 Athena Court, Riverside, California 92507 home-pic-0
ACTIVE$625,000
1050 Athena Court, Riverside, California 92507
4Beds
2Baths
1,320Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($625,000) is $0 (0%) lower than the list price ($625,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime University-Adjacent Location: Strategically located within walking distance to UC Riverside, making it an ideal high-yield property for investors targeting student rentals or for university-affiliated families.
Top Cons:
Age of Property & Unspecified Systems: Built in 1973, the property's age suggests potential for older plumbing, electrical, or other systems not explicitly mentioned as updated, which could lead to future expenses.

Compared to the nearby listings

Price:$625.0K vs avg $650.0K ($-25,000)34%
Size:1,320 sqft vs avg 1,854 sqft18%
Price/sqft:$473 vs avg $36488%

More Insights

Built in 1973 (52 years old).
Condition: The property, built in 1973, benefits from significant recent updates including a roof redone 5 years ago and a 1-year-old HVAC system, ensuring major systems are in excellent condition. The kitchen has been beautifully updated with modern shaker cabinets, quartz countertops, and stainless steel appliances, and new laminate flooring is present throughout much of the home. While the bathrooms are clean and functional with updated vanities and tile, they are not as extensively renovated or modern in style as the kitchen. These factors, combined with the property's age, place it firmly in the 'Good' category, indicating it is move-in ready with no immediate major renovations required, though some areas like the bathrooms could benefit from further modernization in the future.
Year Built
1973
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$473
HOA
-
Days on market
-
Sold On
-
MLS number
SR25199889
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Welcome to this beautifully updated 4 bedrooms and 2.0 baths Bungalow offering 1,320 sq.ft of comfortable living space located in a Prime and Desirable Riverside location. This Single Family Home is close to Shopping Areas and Supermarkets. Walking Distance From and To UC Riverside. Updated Kitchen with Quartz Counter top, Shaker Cabinets. Laminate Flooring. Roof was redone 5 years ago. 1 Year old HVAC System. Natural Bermuda Grass with a spacious front yard. Drought tolerant landscaped backyard. This is a High Yield University-Area Property. Plenty of potential. PRIME LOCATION!!!

Condition Rating
Good

The property, built in 1973, benefits from significant recent updates including a roof redone 5 years ago and a 1-year-old HVAC system, ensuring major systems are in excellent condition. The kitchen has been beautifully updated with modern shaker cabinets, quartz countertops, and stainless steel appliances, and new laminate flooring is present throughout much of the home. While the bathrooms are clean and functional with updated vanities and tile, they are not as extensively renovated or modern in style as the kitchen. These factors, combined with the property's age, place it firmly in the 'Good' category, indicating it is move-in ready with no immediate major renovations required, though some areas like the bathrooms could benefit from further modernization in the future.
Pros & Cons

Pros

Prime University-Adjacent Location: Strategically located within walking distance to UC Riverside, making it an ideal high-yield property for investors targeting student rentals or for university-affiliated families.
Recent Major System Updates: Significant capital expenditures have been addressed with a roof redone 5 years ago and a 1-year-old HVAC system, reducing immediate maintenance concerns for a new owner.
Modernized Kitchen: The kitchen features contemporary updates including Quartz countertops and Shaker cabinets, offering a modern and appealing aesthetic.
Drought-Tolerant Landscaping: The backyard is landscaped with drought-tolerant plants, providing low maintenance and water-efficient outdoor space.
Updated Flooring: Laminate flooring throughout offers a modern look, durability, and ease of maintenance.

Cons

Age of Property & Unspecified Systems: Built in 1973, the property's age suggests potential for older plumbing, electrical, or other systems not explicitly mentioned as updated, which could lead to future expenses.
Compact Living Space: With 1,320 sq.ft for 4 bedrooms, the living spaces or individual rooms may be smaller than desired by some buyers, particularly larger families.
Lack of Bathroom Update Details: While the kitchen is updated, there is no mention of recent renovations to the two bathrooms, which may require modernization to match the updated kitchen and overall appeal.

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