19416 Cheshire Street, Rialto, California 92377, Rialto, 92377 - 3 bed, 2 bath

19416 Cheshire Street, Rialto, California 92377 home-pic-0
ACTIVE$525,000
19416 Cheshire Street, Rialto, California 92377
3Beds
2Baths
1,500Sqft
9,600Lot

Price Vs. Estimate

The estimated value ($454,041.95) is $70,958.05 (13%) lower than the list price ($525,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in a premium, well-established neighborhood north of the 210 Freeway, offering desirable access and community.
Top Cons:
Requires Substantial Work: The property is explicitly noted as a 'work in process' that 'still needs some substantial work,' indicating significant renovation or repair efforts.

Compared to the nearby listings

Price:$525.0K vs avg $660.0K ($-135,000)9%
Size:1,500 sqft vs avg 1,979 sqft16%
Price/sqft:$350 vs avg $34159%

More Insights

Built in 1962 (63 years old).
Condition: Built in 1962, this property is over 60 years old. While the listing mentions an 'updated kitchen' and 'wood laminate flooring,' the images reveal dated kitchen cabinets and a very dated stone fireplace. Crucially, the description explicitly states, 'Property has been a work in process that still needs some substantial work.' This indicates a need for significant rehabilitation and investment beyond minor updates, aligning with the 'poor' condition criteria, despite some cosmetic improvements like dual-pane windows and newer kitchen appliances. The overall style and features, particularly in the kitchen and the unseen bathrooms, suggest a comprehensive renovation is required.
Year Built
1962
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
CV25249745
Home ConditionPoor
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Premium location North of 210 Freeway in well established neighborhood. Desirable single story ranch style home on an oversized 9600 sq ft lot. Offering an updated kitchen with lots of cabinet and counter space, breakfast bar, dining area, spacious living room with cozy fireplace surrounded by rock hearth and facade, dual paned slider opening to back yard, wood laminate flooring in most rooms, large master bedroom with adjoining full bath, dual paned windows, mirrored storage closet in hallway as well as mirrored wardrobes in all bedrooms, and much more. Spacious back yard with HUGE pool and spa. Property has been a work in process that still needs some substantial work, but has tremendous potential and offers the right buyer an amazing opportunity to make it their own!

Price History

Date
Event
Price
09/25/98
Sold
$75,000
07/27/95
Sold
$106,000
12/19/14
Sold
$74,500
Condition Rating
Poor

Built in 1962, this property is over 60 years old. While the listing mentions an 'updated kitchen' and 'wood laminate flooring,' the images reveal dated kitchen cabinets and a very dated stone fireplace. Crucially, the description explicitly states, 'Property has been a work in process that still needs some substantial work.' This indicates a need for significant rehabilitation and investment beyond minor updates, aligning with the 'poor' condition criteria, despite some cosmetic improvements like dual-pane windows and newer kitchen appliances. The overall style and features, particularly in the kitchen and the unseen bathrooms, suggest a comprehensive renovation is required.
Pros & Cons

Pros

Prime Location: Situated in a premium, well-established neighborhood north of the 210 Freeway, offering desirable access and community.
Generous Lot & Outdoor Living: Features an oversized 9600 sq ft lot with a spacious backyard, including a large pool and spa, ideal for entertainment and relaxation.
Updated Kitchen & Interior Features: Boasts an updated kitchen with ample cabinet/counter space and a breakfast bar, complemented by dual-pane windows, wood laminate flooring, and a cozy fireplace.
Desirable Single-Story Layout: A desirable single-story ranch-style home, offering convenient living and broad appeal.
Investment Potential: Listed below its estimated market value, presenting a strong opportunity for equity growth and customization for the right buyer.

Cons

Requires Substantial Work: The property is explicitly noted as a 'work in process' that 'still needs some substantial work,' indicating significant renovation or repair efforts.
Age of Property: Built in 1962, the home is older, which may imply potential for outdated systems or components requiring future upgrades beyond the cosmetic.
Renovation Investment Required: The need for substantial work translates to a considerable financial and time investment for the buyer to bring the property to its full potential.

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