4075 Via San Luis, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath
ACTIVE$615,000
4075 Via San Luis, Riverside, California 92504
3Beds
2Baths
1,410Sqft
8,276Lot
Price Vs. Estimate
The estimated value ($302,528.695) is $312,471.305 (50%) lower than the list price ($615,000). 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 = 8276, living area = 1410.
Top Cons:
Significant Overvaluation: The current listing price of $615,000 is considerably higher than the property's estimated value of $302,528.69, which may deter potential buyers and impact marketability.
Compared to the nearby listings
Price:$615.0K vs avg $628.5K ($-13,500)44%
Size:1,410 sqft vs avg 1,586.5 sqft41%
Price/sqft:$436 vs avg $41261%
More Insights
Built in 1977 (48 years old).
Condition: Despite being built in 1977, the property has undergone extensive modern updates throughout, as evidenced by the white shaker cabinets, granite countertops, stainless steel appliances, subway tile backsplash in the kitchen, and updated vanities and tiled showers in the bathrooms. The flooring appears to be modern LVP, and light fixtures are updated. The inclusion of solar panels is also a significant recent upgrade. These renovations make the home move-in ready and align with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Year Built
1977
Close
-
List price
$615K
Original List price
$625K
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
OC25094733
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Updated 3-Bedroom Home on Large Lot with RV Parking This well-maintained 3-bedroom, 2-bathroom home offers 1,410 square feet of living space with solar and is located in an established Riverside neighborhood. Interior features include granite countertops and modern updates throughout. Situated on a generous 8,276 square foot lot, the property includes additional RV parking, a storage shed, and ample outdoor space with potential for expansion or customization. No HOA provides added flexibility. Conveniently located near schools, shopping, and major freeways for easy commuting.
Condition Rating
Good
Despite being built in 1977, the property has undergone extensive modern updates throughout, as evidenced by the white shaker cabinets, granite countertops, stainless steel appliances, subway tile backsplash in the kitchen, and updated vanities and tiled showers in the bathrooms. The flooring appears to be modern LVP, and light fixtures are updated. The inclusion of solar panels is also a significant recent upgrade. These renovations make the home move-in ready and align with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
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 = 8276, living area = 1410.
Solar Power System: The inclusion of solar panels is a significant advantage, offering potential energy cost savings and environmental benefits.
Extensive Outdoor Space & RV Parking: A generous 8,276 sqft lot with dedicated RV parking, a storage shed, and ample outdoor space provides versatility for various uses and potential future expansion.
Modern Interior Updates: The home features granite countertops and modern updates throughout, enhancing its aesthetic appeal and functionality.
No Homeowners Association (HOA): The absence of an HOA provides greater flexibility for property use and avoids additional monthly fees.
Strategic Location: Situated in an established neighborhood with convenient access to schools, shopping, and major freeways, offering ease of daily living and commuting.
Cons
Significant Overvaluation: The current listing price of $615,000 is considerably higher than the property's estimated value of $302,528.69, which may deter potential buyers and impact marketability.
Smaller Living Space for Price: At 1,410 sqft, the interior living space is relatively modest for its price point, especially when compared to some recently sold, larger homes in the immediate vicinity.
Age of Property: Built in 1977, the property is an older home, which despite updates, may still present concerns regarding underlying systems or require more maintenance compared to newer constructions.