2424 Central Avenue, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath

2424 Central Avenue, Riverside, California 92506 home-pic-0
ACTIVE$749,900
2424 Central Avenue, Riverside, California 92506
3Beds
2Baths
1,574Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($733,766.26) is $16,133.74 (2%) lower than the list price ($749,900). This property may be overpriced.

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 = 13068, living area = 1574.
Top Cons:
Multiple Price Reductions: The listing history shows several price reductions from the original $798,000 to the current $749,900, which may indicate initial overpricing or challenges in attracting buyers.

Compared to the nearby listings

Price:$749.9K vs avg $728.8K (+$21,075)53%
Size:1,574 sqft vs avg 1,935 sqft30%
Price/sqft:$476 vs avg $38682%

More Insights

Built in 1957 (68 years old).
Condition: Despite being built in 1957, this property has undergone extensive and recent renovations, making it move-in ready. The kitchen features updated granite countertops, modern dark cabinetry, and stainless steel appliances. The bathrooms are fully remodeled with contemporary vanities, fixtures, and stylish tiling. Newer flooring (laminate wood and tile) is present throughout the home. Key systems like the AC unit are only one year old, and the electrical system has been upgraded to 200 amps, indicating significant investment in modern infrastructure. The outdoor areas, including the patio and Pebble Tec pool, are also well-maintained and updated. While not a brand-new build, the quality and recency of the renovations align perfectly with a 'Good' condition score, indicating a well-maintained home with minimal wear and tear on updated components.
Year Built
1957
Close
-
List price
$750K
Original List price
$798K
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
PW25186360
Home ConditionGood
Features
Pool
Patio
ViewNeighborhood

About this home

Come see this beautiful one story Riverside home located in the Victoria area near Alcott Elementary and Poly High School!! Step inside and be amazed, this three bedroom home with a pool sits on a 13,000+ square foot lot. The updated kitchen has granite countertops, newer floors through, remodeled bathrooms, with a large living room and cozy fireplace, four ceiling fans and AC unit is one year old. electricity has been upgrade to 200 amps so you can hook up your EV toys. This property features a large driveway and RV parking. Enjoy many family get togethers with a huge backyard perfect for entertaining over 1000 square feet patio with epoxy flooring and three mounts for large TVs, recessed lighting and beautiful pebble TEC pool and fruit trees. This property is a must see!! Turn key ready.

Nearby schools

5/10
Alcott Elementary School
Public,K-60.0mi
4/10
Matthew Gage Middle School
Public,7-81.2mi
7/10
Polytechnic High School
Public,9-120.3mi
Condition Rating
Good

Despite being built in 1957, this property has undergone extensive and recent renovations, making it move-in ready. The kitchen features updated granite countertops, modern dark cabinetry, and stainless steel appliances. The bathrooms are fully remodeled with contemporary vanities, fixtures, and stylish tiling. Newer flooring (laminate wood and tile) is present throughout the home. Key systems like the AC unit are only one year old, and the electrical system has been upgraded to 200 amps, indicating significant investment in modern infrastructure. The outdoor areas, including the patio and Pebble Tec pool, are also well-maintained and updated. While not a brand-new build, the quality and recency of the renovations align perfectly with a 'Good' condition score, indicating a well-maintained home with minimal wear and tear on updated components.
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 = 13068, living area = 1574.
Extensive Outdoor Entertainment: The property boasts a huge backyard perfect for entertaining, featuring an over 1000 sqft patio with epoxy flooring, three mounts for large TVs, recessed lighting, a beautiful pebble TEC pool, and fruit trees.
Significant Interior Upgrades: The home features an updated kitchen with granite countertops, newer flooring throughout, and remodeled bathrooms, offering a modern and move-in ready interior.
Large Lot & RV Parking: Situated on a spacious 13,000+ square foot lot, the property includes a large driveway and dedicated RV parking, providing ample space and utility.
Modern Electrical & HVAC: Electricity has been upgraded to 200 amps, ideal for EV charging, and the AC unit is only one year old, ensuring modern comfort and utility.
Prime School District Location: Located in the desirable Victoria area, the home is within excellent proximity to highly-rated Alcott Elementary (5-star, 0.02 miles) and Polytechnic High School (7-star, 0.33 miles).

Cons

Multiple Price Reductions: The listing history shows several price reductions from the original $798,000 to the current $749,900, which may indicate initial overpricing or challenges in attracting buyers.
Older Construction Year: Built in 1957, despite recent updates, the underlying structure and some systems are older, which could lead to higher maintenance costs or less modern layouts compared to newer constructions.
Modest Interior Square Footage: With 1574 square feet of interior living space for a 3-bedroom home, it might be considered modest for some buyers, especially given the expansive lot size, potentially limiting appeal for those seeking larger indoor areas.

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