2810 11th Street, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
ACTIVE$499,000
2810 11th Street, Riverside, California 92507
3Beds
2Baths
1,120Sqft
6,534Lot
Price Vs. Estimate
The estimated value ($471,096.345) is $27,903.655 (5%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Location & Connectivity: Strategically located minutes from Downtown Riverside, Mission Inn, colleges (RCC, UCR), Metrolink station, and convenient freeway access, offering unparalleled urban and commuter convenience.
Top Cons:
Requires Significant TLC/Renovation: The property 'needs some TLC to unlock its full potential,' indicating that buyers should anticipate immediate and potentially substantial renovation costs.
Compared to the nearby listings
Price:$499.0K vs avg $650.0K ($-151,000)7%
Size:1,120 sqft vs avg 1,854 sqft8%
Price/sqft:$446 vs avg $36479%
More Insights
Built in 1985 (40 years old).
Condition: Built in 1985, this property is 39 years old and shows significant signs of age and lack of major updates. The kitchen is severely outdated with original-style wood cabinets, blue laminate countertops, terracotta-style floor tiles, and fluorescent strip lighting, requiring a full renovation. Bathrooms appear similarly dated, and bedroom carpets are worn. The listing description explicitly states it 'needs some TLC' and 'Requires Significant TLC/Renovation,' indicating substantial rehabilitation is needed for key areas to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1985
Close
-
List price
$499K
Original List price
$530K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
IG25197661
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
New price improvement! Great opportunity for a single-family home on an R-2 lot with room for ADU. Just needs some TLC to unlock its full potential, ideal for first-time buyers. Unbeatable location with minutes to Downtown Riverside, the Mission Inn, Riverside Community College, UC Riverside, and walk to the Metrolink station. Quick and convenient freeway access. Don't miss this chance to own in one of Riverside's most convenient location. Subject to court approval.
Condition Rating
Poor
Built in 1985, this property is 39 years old and shows significant signs of age and lack of major updates. The kitchen is severely outdated with original-style wood cabinets, blue laminate countertops, terracotta-style floor tiles, and fluorescent strip lighting, requiring a full renovation. Bathrooms appear similarly dated, and bedroom carpets are worn. The listing description explicitly states it 'needs some TLC' and 'Requires Significant TLC/Renovation,' indicating substantial rehabilitation is needed for key areas to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Exceptional Location & Connectivity: Strategically located minutes from Downtown Riverside, Mission Inn, colleges (RCC, UCR), Metrolink station, and convenient freeway access, offering unparalleled urban and commuter convenience.
ADU Potential with R-2 Zoning: The R-2 zoning and ample lot size provide a significant opportunity for adding an Accessory Dwelling Unit (ADU), enhancing future value and potential rental income.
Recent Price Improvement: A recent price reduction from $530,000 to $499,000 makes the property more competitive and attractive to potential buyers.
Ideal for First-Time Buyers: Positioned as an excellent entry-level opportunity, appealing to first-time homeowners looking to establish roots in a desirable area.
Single-Family Home on a Generous Lot: Offers the privacy and space of a detached single-family home on a 6,534 sqft lot, a valuable asset in an urban setting.
Cons
Requires Significant TLC/Renovation: The property 'needs some TLC to unlock its full potential,' indicating that buyers should anticipate immediate and potentially substantial renovation costs.
Subject to Court Approval: The sale being 'subject to court approval' introduces potential delays, complexities, and uncertainty into the transaction timeline.
Limited Interior Space: With 1120 sqft, the interior living space is relatively modest, which may not suit buyers seeking larger homes or those with growing families.