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

1680 Oxford Street, Riverside, California 92507 home-pic-0
ACTIVE$450,000
1680 Oxford Street, Riverside, California 92507
3Beds
2Baths
788Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($450,000) is $0 (0%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Renovations & Move-in Ready: The property boasts recent renovations to the kitchen, bathrooms, and flooring, making it fully move-in ready and appealing to buyers seeking updated interiors.
Top Cons:
Compact Interior Size: At 788 sqft for a 3-bedroom home, the interior living space is quite compact, which may be a limiting factor for families or those desiring more spacious accommodations.

Compared to the nearby listings

Price:$450.0K vs avg $650.0K ($-200,000)4%
Size:788 sqft vs avg 1,854 sqft2%
Price/sqft:$571 vs avg $36498%

More Insights

Built in 1937 (88 years old).
Condition: Despite being built in 1937, the property boasts a 'fully renovated kitchen, bathrooms, and flooring just last year,' which aligns with the 'extensively renovated within 5 years' criterion for an 'Excellent' rating. Images confirm modern white shaker cabinets, stainless steel appliances, new laminate flooring, and a modern mini-split AC system. The interior is virtually new and move-in ready. While the backyard is unlandscaped and contains old sheds, these are external elements that do not detract from the 'virtually new' condition of the home's core living spaces and systems.
Year Built
1937
Close
-
List price
$450K
Original List price
$498K
Price/Sqft
$571
HOA
-
Days on market
-
Sold On
-
MLS number
TR25154307
Home ConditionExcellent
Features
View-

About this home

Huge price reduction. Seller is motivated. 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)

Condition Rating
Excellent
Despite being built in 1937, the property boasts a 'fully renovated kitchen, bathrooms, and flooring just last year,' which aligns with the 'extensively renovated within 5 years' criterion for an 'Excellent' rating. Images confirm modern white shaker cabinets, stainless steel appliances, new laminate flooring, and a modern mini-split AC system. The interior is virtually new and move-in ready. While the backyard is unlandscaped and contains old sheds, these are external elements that do not detract from the 'virtually new' condition of the home's core living spaces and systems.
Pros & Cons

Pros

Recent Renovations & Move-in Ready: The property boasts recent renovations to the kitchen, bathrooms, and flooring, making it fully move-in ready and appealing to buyers seeking updated interiors.
Proven Investment Potential: Currently operating as a successful Airbnb with frequent month-long bookings, offering immediate income potential for investors or a seamless transition for new owners.
Strategic Location & Accessibility: Conveniently located in a desirable Riverside neighborhood with easy access to freeways and close proximity to shopping, enhancing its appeal for residents and renters.
ADU Potential & Spacious Lot: The property offers potential for an Accessory Dwelling Unit (ADU) and features spacious front and back yards on a 7,841 sqft lot, providing future expansion or additional income opportunities.
Motivated Seller & Price Reduction: A significant price reduction and motivated seller indicate a strong buying opportunity, potentially allowing for a more favorable purchase price.

Cons

Compact Interior Size: At 788 sqft for a 3-bedroom home, the interior living space is quite compact, which may be a limiting factor for families or those desiring more spacious accommodations.
Older Construction: Built in 1937, the property's older construction, despite recent renovations, may present concerns regarding underlying systems (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades.
Limited Bathroom Count: The property features 3 bedrooms but only 1.5 bathrooms (as stated in the description), which could be a functional limitation for multiple occupants or a busy household.

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