2090 Mt Vernon Avenue, Riverside, California 92507, Riverside, 92507 - 4 bed, 1 bath
ACTIVE UNDER CONTRACT$549,900
2090 Mt Vernon Avenue, Riverside, California 92507
4Beds
1Bath
1,182Sqft
101,930Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 101930, living area = 1182.
Top Cons:
Limited Bathroom Count: The home features only 1 bathroom for 4 bedrooms, which is a significant functional limitation for a family or multiple occupants and may necessitate immediate renovation or expansion.
Compared to the nearby listings
Price:$549.9K vs avg $650.0K ($-100,100)15%
Size:1,182 sqft vs avg 1,854 sqft12%
Price/sqft:$465 vs avg $36486%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is over 75 years old with no indication of recent major renovations. The critical lack of interior images, particularly of the kitchen and bathroom, strongly suggests these areas are in poor condition and require substantial rehabilitation. A 4-bedroom home with only 1 bathroom is significantly outdated and would necessitate immediate and extensive renovation to meet modern living standards and functionality. While the exterior appears maintained, the interior, especially the kitchen and bathroom, is likely original or very old, requiring significant repairs and updates.
Year Built
1947
Close
-
List price
$550K
Original List price
$700K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
IV25163460
Home ConditionPoor
Features
Good View: Canyon, Neighborhood
ViewCanyon, Neighborhood
About this home
Rare find. 2.3 acres located in the City of Riverside. Room for parking RV's, toys, hiking. The location provides nice city views. Four-bedroom 2 bath home. Zoned for up to four horses as per the City of Riverside. Nestled near Box Springs Mountain Reserve and is off the beaten path which provides for a rural feel. Minutes away from UCR, freeways I60/I91/I215, Metrolink commuter rail and downtown. Hiking trails and mountain views are nearby. This home offers the best of both worlds, a rural feel close to desirable city amenities.
Condition Rating
Poor
Built in 1947, this property is over 75 years old with no indication of recent major renovations. The critical lack of interior images, particularly of the kitchen and bathroom, strongly suggests these areas are in poor condition and require substantial rehabilitation. A 4-bedroom home with only 1 bathroom is significantly outdated and would necessitate immediate and extensive renovation to meet modern living standards and functionality. While the exterior appears maintained, the interior, especially the kitchen and bathroom, is likely original or very old, requiring significant repairs and updates.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 101930, living area = 1182.
Expansive Lot & Equestrian Zoning: A rare 2.3-acre lot within the City of Riverside, offering ample space for RVs, toys, hiking, and is zoned for up to four horses, providing unique lifestyle and utility options.
Rural-Urban Blend: The property offers the best of both worlds: a desirable rural feel, off the beaten path and nestled near Box Springs Mountain Reserve, while being minutes away from essential city amenities.
Scenic Views & Nature Access: Enjoy nice city views and mountain views, with direct access to hiking trails and the Box Springs Mountain Reserve, appealing to nature enthusiasts.
Strategic Location & Connectivity: Conveniently located minutes from UCR, major freeways (I60/I91/I215), Metrolink commuter rail, and downtown Riverside, ensuring excellent connectivity and accessibility.
Land Value & Potential: The substantial 2.3-acre parcel in a city location, coupled with equestrian zoning, represents significant land value and offers considerable potential for customization, expansion, or future investment.
Cons
Limited Bathroom Count: The home features only 1 bathroom for 4 bedrooms, which is a significant functional limitation for a family or multiple occupants and may necessitate immediate renovation or expansion.
Older Home & Smaller Square Footage: Built in 1947, the home is older, and at 1182 sqft for 4 bedrooms, it suggests potentially smaller room sizes or an outdated layout that may require significant updates or an addition to meet modern living standards.
Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $700,000 to $549,900, which could indicate market resistance, perceived overvaluation, or underlying issues that have deterred buyers.