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1757 Steinman, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath

1757 Steinman, Riverside, California 92507 home-pic-0
ACTIVE$594,900
1757 Steinman, Riverside, California 92507
3Beds
3Baths
1,615Sqft
3,484Lot

Price Vs. Estimate

The estimated value ($594,900) is $0 (0%) lower than the list price ($594,900). This property may be overpriced.

Key pros and cons

Top Pros:
Strategic Location & Investment Appeal: Situated just 5 minutes from UCR, making it highly attractive for student rentals or a family residence, complemented by convenient access to shopping, dining, schools, and freeways.
Top Cons:
Tenant Occupancy & Escrow Constraints: The property is currently tenant-occupied, with the seller preferring tenants to remain, or requiring a longer escrow for vacant delivery, which could complicate immediate occupancy plans.

Compared to the nearby listings

Price:$594.9K vs avg $650.0K ($-55,100)27%
Size:1,615 sqft vs avg 1,854 sqft35%
Price/sqft:$368 vs avg $36453%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old and falls within the 'Good' category's age range. The home appears well-maintained with no immediate renovation required. While the kitchen features original builder-grade wood cabinets, black appliances, and laminate countertops, and the bathrooms have similar dated finishes, they are all functional and clean. Some areas benefit from updated LVP flooring, but other rooms retain carpet or tile consistent with the original build. Major systems are presumed functional and within their expected lifespan, making it move-in ready despite the dated styles in key areas.
Year Built
2006
Close
-
List price
$595K
Original List price
$595K
Price/Sqft
$368
HOA
$172
Days on market
-
Sold On
-
MLS number
DW25223326
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

ONLY 5 MINUTES TO UCR!!! PERFECT FOR A FAMILY OR INVESTMENT TO RENT TO STUDENTS!! Step into this beautifully designed Contemporary Mediterranean home located in the heart of Riverside. With its welcoming curb appeal and charming neighborhood this property offers the perfect balance of style, comfort, and convenience. Inside, you’ll find a bright and spacious layout featuring three generously sized bedrooms and two and a half bathrooms. Perfect for families or anyone who loves extra space. The open concept living areas flow seamlessly, making it ideal for entertaining or relaxing after a long day. The kitchen boasts an open feel, plenty of storage, and connects naturally to the dining and living spaces. Upstairs, the primary suite offers a peaceful retreat with its own private bath and double sink, while the additional bedrooms are versatile for family and guests. The laundry room is also conveniently located upstairs. You will find an office downstairs that can easily be utilized as a 4th bedroom. Enjoy outdoor living with a private patio and low-maintenance landscaping, all in a community close to shopping, dining, schools, and freeway access. The community offers a beautiful gated pool, spa and park for residents to enjoy. ****Currently, the home is rented out to UCR students. The seller would love to sell it with tenants to remain. However, the home can be delivered vacant with a longer escrow.****

Nearby schools

4/10
Emerson Elementary School
Public,•PK-6•0.2mi
4/10
Matthew Gage Middle School
Public,•7-8•2.5mi
7/10
Polytechnic High School
Public,•9-12•1.5mi
Condition Rating
Good
Built in 2006, this property is 18 years old and falls within the 'Good' category's age range. The home appears well-maintained with no immediate renovation required. While the kitchen features original builder-grade wood cabinets, black appliances, and laminate countertops, and the bathrooms have similar dated finishes, they are all functional and clean. Some areas benefit from updated LVP flooring, but other rooms retain carpet or tile consistent with the original build. Major systems are presumed functional and within their expected lifespan, making it move-in ready despite the dated styles in key areas.
Pros & Cons

Pros

Strategic Location & Investment Appeal: Situated just 5 minutes from UCR, making it highly attractive for student rentals or a family residence, complemented by convenient access to shopping, dining, schools, and freeways.
Desirable Community Amenities: Residents benefit from exclusive access to a gated community pool, spa, and park, enhancing lifestyle and property value.
Modern Design & Flexible Living Space: A 2006-built Contemporary Mediterranean home featuring an open-concept layout, three generously sized bedrooms, an upstairs laundry, and a versatile downstairs office convertible to a fourth bedroom.
Strong Curb Appeal & Low-Maintenance Outdoors: Presents a welcoming exterior with good curb appeal, a private patio, and low-maintenance landscaping, ideal for busy lifestyles.
Favorable Pricing: Listed below the estimated market value, offering potential for immediate equity or a strong investment return.

Cons

Tenant Occupancy & Escrow Constraints: The property is currently tenant-occupied, with the seller preferring tenants to remain, or requiring a longer escrow for vacant delivery, which could complicate immediate occupancy plans.
Ongoing Association Fees: A monthly association fee of $172 adds to the recurring ownership costs, which buyers should factor into their budget.
Limited Lot Size: The 3,484 sqft lot is relatively compact, offering less outdoor space compared to other single-family residences, which might not appeal to buyers seeking larger yards.

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