1981 1981 Marlborough Avenue, Riverside, California 92507, Riverside, 92507 - 2 bed, 1 bath

1981 1981 Marlborough Avenue, Riverside, California 92507 home-pic-0
ACTIVE UNDER CONTRACT$529,000
1981 1981 Marlborough Avenue, Riverside, California 92507
2Beds
1Bath
884Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($497,037.475) is $31,962.525 (6%) lower than the list price ($529,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Renovation: This 1924 bungalow has been meticulously updated with a modern kitchen (stainless steel appliances, beverage fridge included), updated bathroom, new flooring, fresh paint, all-new plumbing, rewired electrical, and a tankless water heater, making it move-in ready.
Top Cons:
Compact Living Space: At 884 square feet, the home offers a relatively small living area, which may limit its appeal to buyers seeking more spacious accommodations or larger families.

Compared to the nearby listings

Price:$529.0K vs avg $650.0K ($-121,000)12%
Size:884 sqft vs avg 1,854 sqft4%
Price/sqft:$598 vs avg $36498%

More Insights

Built in 1924 (101 years old).
Condition: Despite being built in 1924, this property has undergone a comprehensive and meticulous renovation, bringing it to an 'excellent' condition. The description explicitly states it's 'Fully Remodeled,' with a 'modern remodel kitchen' featuring new stainless steel appliances (refrigerator, stove, dishwasher, and beverage refrigerator), and an 'updated bathroom with sleek finishes and LED lighting.' New flooring was installed last year, and the entire home has been freshly painted. Crucially, major systems have been upgraded with 'all-new plumbing fixtures,' a 'rewired electrical system,' and a 'tankless water heater.' The images confirm the modern, clean aesthetic of the kitchen and bathroom, showcasing new cabinets, countertops, and tiling. This extensive renovation within the last year to few years means all components are virtually new and meet current quality standards, making it truly move-in ready with no deferred maintenance.
Year Built
1924
Close
-
List price
$529K
Original List price
$529K
Price/Sqft
$598
HOA
-
Days on market
-
Sold On
-
MLS number
IV25234298
Home ConditionExcellent
Features
Deck
Spa
View-

About this home

Charming Fully Remodeled 1924 California Bungalow in North Riverside. A Rare Blend of History and Modern Comfort! This meticulously updated two-bedroom, one-bathroom bungalow was constructed in 1924 with durable redwood. The residence thoughtfully integrates classic architectural elements with contemporary updates for comfortable living. Interior Features: The home has been freshly painted throughout, providing a clean and inviting atmosphere. The kitchen features a modern remodel, including stainless steel appliances, refrigerator, stove, dishwasher, and a brand new beverage refrigerator, all of which are included. The bathroom was updated with sleek finishes and LED lighting. New flooring was installed last year. The primary bedroom offers a built-in closet organizer, while the secondary bedroom includes a closet organizer and sliding doors leading to the backyard patio and spa; the spa is included with the property. Garage & Workshop: The detached, two-car garage is constructed from redwood. There is also a separate shed/workshop accessible from both the front and rear of the property, independent from the garage. Both the garage and workshop benefit from upgraded 220V electrical systems with 60 Amp service. Outdoor Highlights: The front yard is landscaped with mature cherry and apricot trees as well as vibrant potted plants. Backyard alley access featuring a gate provides potential for future development, including an ADU (zoned R17000). The rear porch/patio area is constructed of wood and includes a spa. Custom front fencing and a full property enclosure contribute to privacy and security. Additional Upgrades: The home features all-new plumbing fixtures, a rewired electrical system, and a tankless water heater with a zero-clearance unit. This move-in-ready residence combines historic charm with modern conveniences and presents exciting opportunities for future enhancements.

Price History

Date
Event
Price
09/30/03
Sold
$145,000
Condition Rating
Excellent

Despite being built in 1924, this property has undergone a comprehensive and meticulous renovation, bringing it to an 'excellent' condition. The description explicitly states it's 'Fully Remodeled,' with a 'modern remodel kitchen' featuring new stainless steel appliances (refrigerator, stove, dishwasher, and beverage refrigerator), and an 'updated bathroom with sleek finishes and LED lighting.' New flooring was installed last year, and the entire home has been freshly painted. Crucially, major systems have been upgraded with 'all-new plumbing fixtures,' a 'rewired electrical system,' and a 'tankless water heater.' The images confirm the modern, clean aesthetic of the kitchen and bathroom, showcasing new cabinets, countertops, and tiling. This extensive renovation within the last year to few years means all components are virtually new and meet current quality standards, making it truly move-in ready with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: This 1924 bungalow has been meticulously updated with a modern kitchen (stainless steel appliances, beverage fridge included), updated bathroom, new flooring, fresh paint, all-new plumbing, rewired electrical, and a tankless water heater, making it move-in ready.
Historic Charm with Durable Construction: The property retains its charming 1924 California Bungalow character, built with durable redwood, offering a unique blend of historical appeal and contemporary comfort.
ADU Potential & Development Opportunity: The property benefits from backyard alley access and R17000 zoning, providing significant potential for future development, including the addition of an Accessory Dwelling Unit (ADU).
Enhanced Outdoor Living & Utility: Features include a landscaped front yard with fruit trees, a rear patio with an included spa, custom fencing for privacy, a detached two-car redwood garage, and a separate workshop, both with upgraded 220V electrical service.
Upgraded Core Infrastructure: Major systems have been upgraded, including a rewired electrical system, all-new plumbing fixtures, and a tankless water heater, significantly reducing immediate maintenance concerns for a buyer.

Cons

Compact Living Space: At 884 square feet, the home offers a relatively small living area, which may limit its appeal to buyers seeking more spacious accommodations or larger families.
Single Bathroom: The property features only one bathroom for two bedrooms, which could be a functional limitation and inconvenience for multiple occupants or guests.
Potential for Unseen Age-Related Issues: Despite extensive renovations, the 1924 construction date means there could be underlying age-related structural or material issues (e.g., foundation, insulation, lead paint, asbestos) not explicitly addressed by the described updates, potentially leading to future costs.

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