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1680 Oxford, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath

1680 Oxford, Riverside, California 92507 home-pic-0
ACTIVE UNDER CONTRACT$399,800
1680 Oxford, Riverside, California 92507
3Beds
2Baths
788Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($399,800) is $0 (0%) lower than the list price ($399,800). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 788.
Top Cons:
Compact Interior Space: The property's 788 sqft for three bedrooms is quite compact, which may limit living space for larger families or those desiring more expansive interiors.

Compared to the nearby listings

Price:$399.8K vs avg $650.0K ($-250,200)3%
Size:788 sqft vs avg 1,854 sqft2%
Price/sqft:$507 vs avg $36495%

More Insights

Built in 1937 (88 years old).
Condition: Despite being built in 1937, the property boasts a fully renovated kitchen, bathrooms, and flooring completed just last year, as explicitly stated in the description and supported by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, and contemporary countertops. The visible half-bathroom has a new grey vanity and modern fixtures. All interior spaces show new, consistent laminate/LVP flooring and fresh paint, indicating a move-in ready condition with virtually new components in key areas, aligning with the 'Excellent' criteria for extensive recent renovations.
Year Built
1937
Close
-
List price
$400K
Original List price
$450K
Price/Sqft
$507
HOA
-
Days on market
-
Sold On
-
MLS number
TR25237752
Home ConditionExcellent
Features
View-

About this home

Charming Riverside Home – Great for Living or Airbnb Investment! Conveniently located near freeway access in a desirable Riverside neighborhood, this 3-bedroom, 1.5-bath single-family home offers both comfort and income potential. Featuring a cozy fireplace in the living room and a fully renovated kitchen, bathrooms, and flooring just last year! Compact yet fully functional – includes a kitchen, bathroom, living room, dining area, and washer/dryer hookups. Convenient location close to shopping and with easy freeway access. Currently operating as a successful Airbnb rental, with frequent month-long bookings. Ready for you to move in or take over the short-term rental business seamlessly! 1) 3 Bedrooms | 1.5 Bathrooms 2) Fully Renovated | Move-in Ready 3) Spacious Front & Back Yards | Ample Parking 4) Newly Built Fence | Private & Secure 5) Perfect for Homeowners or Investors 6) ADU potential (please confirm with city). FHA, VA loans are welcome.

Condition Rating
Excellent
Despite being built in 1937, the property boasts a fully renovated kitchen, bathrooms, and flooring completed just last year, as explicitly stated in the description and supported by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, and contemporary countertops. The visible half-bathroom has a new grey vanity and modern fixtures. All interior spaces show new, consistent laminate/LVP flooring and fresh paint, indicating a move-in ready condition with virtually new components in key areas, aligning with the 'Excellent' criteria for extensive recent renovations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 788.
Income Potential & Versatility: Currently operating as a successful Airbnb with frequent bookings, offering proven income potential, while also being move-in ready for homeowners.
Recent Extensive Renovations: Features a fully renovated kitchen, bathrooms, and flooring completed last year, ensuring a modern and move-in ready condition.
Convenient Location: Situated in a desirable Riverside neighborhood with easy freeway access and close proximity to shopping, enhancing convenience for residents and guests.
Generous Outdoor Space & Privacy: Boasts spacious front and back yards with a newly built fence, providing privacy, security, and ample parking.
ADU Potential: Offers potential for an Accessory Dwelling Unit (ADU), presenting a significant opportunity for future value appreciation and increased rental income.

Cons

Compact Interior Space: The property's 788 sqft for three bedrooms is quite compact, which may limit living space for larger families or those desiring more expansive interiors.
Age of Structure: Built in 1937, the home's older foundation and underlying infrastructure, despite recent cosmetic renovations, may require future maintenance or upgrades.
Limited Bathroom Count: With 1.5 bathrooms for three bedrooms, the property offers a lower bathroom-to-bedroom ratio, which could be inconvenient for multiple occupants or rental guests.

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