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18118 Iris Avenue, Riverside, California 92508, Riverside, 92508 - 4 bed, 3 bath

18118 Iris Avenue, Riverside, California 92508 home-pic-0
ACTIVE$739,999
18118 Iris Avenue, Riverside, California 92508
4Beds
3Baths
2,000Sqft
20,038Lot
Year Built
1948
Close
-
List price
$740K
Original List price
$800K
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
DW25113460
Home ConditionFair
Features
Good View: Hills
Pool
Spa
Patio
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $740.0K(38th), sqft - 2000(24th), beds - 4(50th), baths - 3(50th).

Charming Riverside Retreat with Pool & Versatile Bonus Space! Welcome to 18118 Iris Avenue, a beautifully maintained 3-bedroom, 2-bath home offering 1,648 sq ft of comfortable living space on an expansive 20,038 sq ft lot. Nestled in a desirable Riverside neighborhood, this property is perfect for those seeking space, functionality, and a touch of outdoor paradise. Step inside to discover a bright and open layout featuring a spacious living area, well-appointed kitchen, and ample natural light throughout. The three bedrooms offer generous accommodations, ideal for families, guests, or a home office setup. Outside, enjoy the best of Southern California living with your own private pool, perfect for summer gatherings or relaxing weekends. The enormous backyard offers endless possibilities for entertaining, gardening, or future expansion. One of the standout features is the huge detached shed, currently set up as an MMA and Jiu-Jitsu training space. Whether you're a fitness enthusiast, need extra storage, or want to convert it into a workshop, garage, or hobby area—this space is ready to adapt to your needs. With plenty of room to roam and endless potential, this property is a rare find! Key Features: - 4 Bedrooms | 3 Bathrooms - 2,000 Sq Ft Home - 20,038 Sq Ft Lot - Sparkling Pool - Large Versatile Shed (training, storage, or garage use) - Room for RV parking, toys, or more! Don’t miss your opportunity to own this unique Riverside gem. Schedule your private showing today.

Price History

Date
Event
Price
08/12/25
Price Change
$739,999
05/21/25
Listing
$800,000
Condition Rating
Fair
Built in 1948, this property is an older home that has received some updates but not a full renovation. The kitchen features modern dark cabinets, stainless steel appliances, and recessed lighting, indicating a recent update. However, at least one bathroom is significantly outdated with pink walls, a pedestal sink, and old light fixtures, requiring a full renovation. Visible ceiling damage in the entryway also points to deferred maintenance. While functional and livable, the property requires minor updates and repairs to achieve a consistent modern aesthetic and address specific areas of wear and tear.
Pros & Cons

Pros

Expansive Lot Size & Outdoor Living: The property boasts an impressive 20,038 sq ft lot, offering ample space for outdoor activities, gardening, and potential future expansion, a significant draw in the Riverside market.
Versatile Detached Bonus Space: A huge detached shed, currently configured for MMA/Jiu-Jitsu, provides exceptional flexibility for a home gym, workshop, additional storage, or conversion into an ADU (Accessory Dwelling Unit) or garage, adding considerable value.
Private Swimming Pool: The inclusion of a sparkling private pool enhances the property's appeal for leisure and entertainment, a highly desirable amenity, especially in Southern California's climate.
RV & Extra Parking Potential: The large lot offers dedicated space for RV parking, boats, or multiple vehicles, addressing a common need for buyers with recreational toys or larger families.
Hills View & Natural Light: The property benefits from a desirable 'Hills' view and is described with a 'bright and open layout' and 'ample natural light,' contributing to a pleasant and inviting living environment.

Cons

Older Construction (1948): While described as maintained, the 1948 build year suggests potential for outdated systems (e.g., electrical, plumbing, HVAC) or finishes that may not align with modern buyer preferences, potentially requiring future capital investment.
Discrepancy in Listed Specifications: The listing presents conflicting information regarding the number of bedrooms/bathrooms and square footage (e.g., 3-bed/2-bath/1,648 sq ft vs. 4-bed/3-bath/2,000 sq ft), which can create confusion and raise questions about the accuracy of the property details for prospective buyers.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price ($800,000 to $739,999), which, while potentially attracting new interest, might also lead buyers to question the initial pricing strategy or uncover underlying reasons for the adjustment.

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