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4045 Elmwood Court, Riverside, California 92506, Riverside, 92506 - 2 bed, 1 bath

4045 Elmwood Court, Riverside, California 92506 home-pic-0

Price Vs. Estimate

The estimated value ($492,351.545) is $32,648.455 (6%) lower than the list price ($525,000). 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 = 7405, living area = 924.
Top Cons:
Limited Bedroom/Bathroom Count: The property offers only 2 bedrooms and 1 bathroom, which may be restrictive for larger households or those seeking additional private spaces.

Compared to the nearby listings

Price:$525.0K vs avg $734.0K ($-209,000)4%
Size:924 sqft vs avg 2,016 sqft4%
Price/sqft:$568 vs avg $38494%

More Insights

Built in 1922 (104 years old).
Condition: Built in 1922, this home has been maintained with a new roof and fresh exterior paint. However, the interior, particularly the kitchen and bathroom, are significantly dated in style and features, likely from renovations 20-30+ years ago. The kitchen has tile countertops, older cabinets, dated flooring and lighting, despite some newer appliances. The bathroom is also very basic and outdated. The property lacks central air conditioning, relying on a window unit, which is a major functional drawback. While functional and structurally sound, it requires substantial aesthetic and system updates to meet modern standards.
Year Built
1922
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$568
HOA
-
Days on market
-
Sold On
-
MLS number
IG26011875
Home ConditionFair
Features
View-

About this home

Charming Wood Streets bungalow built in 1922, lovingly owned by the same family for almost 50 years! This 2-bedroom, 1-bathroom home features a cozy wood-burning fireplace, a formal dining room, and a sunny breakfast nook with a separate entrance. Additional highlights include a laundry porch (washer and dryer included), and an updated kitchen with tile countertops, refrigerator, dishwasher, and microwave. Recent improvements include a new roof and fresh exterior paint. The property also offers mature shade trees, a detached one-car garage with an original carriage door, and a pool-sized, fully fenced backyard with potential for an ADU or drive-through garage. Ideally located near downtown Riverside and the Riverside Plaza, with shopping, dining, banking, and a movie theater close by. Surrounded by wonderful long-term neighbors, this home truly delivers that unmistakable feeling of “home.”

A
April Glatzel
Listing Agent

Nearby schools

6/10
Pachappa Elementary School
Public,•PK-6•0.9mi
5/10
Bryant Elementary School
Public,•K-6•1.6mi
5/10
Alcott Elementary School
Public,•K-6•1.8mi
2/10
Central Middle School
Public,•7-8•0.4mi
4/10
Sierra Middle School
Public,•7-8•1.6mi
7/10
Polytechnic High School
Public,•9-12•1.6mi
5/10
Ramona High School
Public,•9-12•2.5mi
Condition Rating
Fair
Built in 1922, this home has been maintained with a new roof and fresh exterior paint. However, the interior, particularly the kitchen and bathroom, are significantly dated in style and features, likely from renovations 20-30+ years ago. The kitchen has tile countertops, older cabinets, dated flooring and lighting, despite some newer appliances. The bathroom is also very basic and outdated. The property lacks central air conditioning, relying on a window unit, which is a major functional drawback. While functional and structurally sound, it requires substantial aesthetic and system updates to meet modern standards.
Pros & Cons

Pros

Cons

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