3875 Everest Avenue, Riverside, California 92503, Riverside, 92503 - 2 bed, 1 bath
ACTIVE$535,000
3875 Everest Avenue, Riverside, California 92503
2Beds
1Bath
816Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($489,118.82) is $45,881.18 (8%) lower than the list price ($535,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Recent Upgrades: Key components like the roof (approx. 6 years), new water heater, newer windows, fresh exterior/interior paint, and fully renovated kitchen (quartz, farmhouse sink, SS appliances) and bathroom (new vanity, toilet, medicine cabinet) offer move-in readiness and reduced immediate maintenance costs.
Top Cons:
Limited Living Space: With only 816 square feet, the home offers compact living quarters, which may not suit buyers seeking more expansive interior space or accommodating larger households.
Compared to the nearby listings
Price:$535.0K vs avg $665.0K ($-130,000)10%
Size:816 sqft vs avg 1,687 sqft2%
Price/sqft:$656 vs avg $38598%
More Insights
Built in 1925 (100 years old).
Condition: Despite being built in 1925, this property has undergone extensive and recent renovations, bringing it to an excellent condition. The kitchen and bathroom are virtually new, featuring modern quartz countertops, a farmhouse sink, stainless steel appliances, new cabinetry, and a fully renovated bathroom with new vanity and tiling. Major components like the roof (approx. 6 years old), water heater, and windows have also been recently replaced or upgraded. The interior boasts new LVP flooring, fresh paint, and modern light fixtures throughout, indicating minimal physical depreciation and meeting current quality standards.
Year Built
1925
Close
-
List price
$535K
Original List price
$610K
Price/Sqft
$656
HOA
-
Days on market
-
Sold On
-
MLS number
PW25218137
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
This 2 bedroom, 1 bathroom home offers recent upgrades including a newer roof (approx. 6 years), new water heater, fresh exterior paint, interior paint in the living room, newer windows, and ceiling fans in every room. The kitchen features new quartz countertops, farmhouse sink, stainless steel stove, and microwave. The renovated bathroom includes a new vanity, toilet, and medicine cabinet. Affordably priced with R-2 zoning, this property provides opportunities to add an ADU, build another home, or utilize the oversized yard for RV, boat, or toy storage. Located near Cal Baptist University, medical offices, schools, shopping, restaurants, and the 91 freeway.
Nearby schools
4/10
Liberty Elementary School
Public,•PK-6•0.4mi
4/10
Jackson Elementary School
Public,•PK-6•1.0mi
3/10
Foothill Elementary School
Public,•PK-5•1.3mi
4/10
Myra Linn Elementary School
Public,•K-5•1.7mi
4/10
Collett Elementary School
Public,•PK-5•2.2mi
3/10
Chemawa Middle School
Public,•7-8•0.5mi
3/10
Wells Middle School
Public,•6-8•1.6mi
6/10
Arizona Middle School
Public,•6-8•2.5mi
5/10
Arlington High School
Public,•9-12•1.1mi
4/10
La Sierra High School
Public,•9-12•2.4mi
4/10
Norte Vista High School
Public,•9-12•2.5mi
Condition Rating
Excellent
Despite being built in 1925, this property has undergone extensive and recent renovations, bringing it to an excellent condition. The kitchen and bathroom are virtually new, featuring modern quartz countertops, a farmhouse sink, stainless steel appliances, new cabinetry, and a fully renovated bathroom with new vanity and tiling. Major components like the roof (approx. 6 years old), water heater, and windows have also been recently replaced or upgraded. The interior boasts new LVP flooring, fresh paint, and modern light fixtures throughout, indicating minimal physical depreciation and meeting current quality standards.
Pros & Cons
Pros
Extensive Recent Upgrades: Key components like the roof (approx. 6 years), new water heater, newer windows, fresh exterior/interior paint, and fully renovated kitchen (quartz, farmhouse sink, SS appliances) and bathroom (new vanity, toilet, medicine cabinet) offer move-in readiness and reduced immediate maintenance costs.
R-2 Zoning & Development Potential: The R-2 zoning provides significant flexibility for future expansion, including adding an Accessory Dwelling Unit (ADU), building another home, or utilizing the oversized yard for extensive vehicle/toy storage, enhancing long-term value and investment opportunities.
Oversized Lot with Utility: The 6,098 sqft lot is generously sized, offering ample space for RV, boat, or toy storage, and potential for outdoor living or further development, which is a strong asset for many buyers.
Strategic Location: Conveniently located near Cal Baptist University, essential medical offices, highly-rated schools (e.g., Arlington High School rated 5), diverse shopping/dining options, and easy freeway access (91 Fwy), providing excellent accessibility and amenities.
Competitive Pricing & Value: The property is affordably priced and has undergone multiple significant price reductions from its original listing, presenting a compelling value proposition for buyers in the current market.
Cons
Limited Living Space: With only 816 square feet, the home offers compact living quarters, which may not suit buyers seeking more expansive interior space or accommodating larger households.
Single Bathroom Configuration: The presence of only one bathroom for a two-bedroom home can be a functional limitation and a potential deterrent for some buyers, impacting daily convenience and resale appeal.
Age of Property: Built in 1925, despite recent cosmetic and system upgrades, the underlying infrastructure of an older home may still present unforeseen maintenance challenges or require further updates beyond what has been completed.