4264 Victoria Ave., Riverside, California 92507, Riverside, 92507 - 2 bed, 1 bath
ACTIVE$410,000
4264 Victoria Ave., Riverside, California 92507
2Beds
1Bath
840Sqft
4,792Lot
Price Vs. Estimate
The estimated value ($365,733.835) is $44,266.165 (10%) lower than the list price ($410,000). This property may be overpriced.
Key pros and cons
Top Pros:
First-Time Buyer Appeal: The property is explicitly described as 'perfect for first time home buyers,' suggesting an accessible price point and manageable size for those entering the housing market.
Top Cons:
Compact Living Space: With only 840 sqft, the home offers limited interior living space, which may not be suitable for larger families or those desiring more expansive rooms.
Compared to the nearby listings
Price:$410.0K vs avg $650.0K ($-240,000)3%
Size:840 sqft vs avg 1,854 sqft3%
Price/sqft:$488 vs avg $36492%
More Insights
Built in 1948 (77 years old).
Condition: Built in 1948, this property features a highly outdated kitchen with old cabinets, laminate countertops, basic white appliances (including a coil-top stove), and fluorescent lighting. The single bathroom is equally dated with a pedestal sink, older fixtures, and dated tile. While some updates like newer laminate flooring, vinyl windows, and a visible central AC unit are present, the critical kitchen and bathroom areas require substantial rehabilitation to meet modern standards and appeal. These major components appear to have been last renovated 30-50 years ago, aligning with the 'Poor' condition criteria.
Year Built
1948
Close
-
List price
$410K
Original List price
$475K
Price/Sqft
$488
HOA
-
Days on market
-
Sold On
-
MLS number
CV25216723
Home ConditionPoor
Features
View-
About this home
Nice cozy home perfect for first time home buyers. This property is conveniently located to the 91 Freeway and Schools.
Condition Rating
Poor
Built in 1948, this property features a highly outdated kitchen with old cabinets, laminate countertops, basic white appliances (including a coil-top stove), and fluorescent lighting. The single bathroom is equally dated with a pedestal sink, older fixtures, and dated tile. While some updates like newer laminate flooring, vinyl windows, and a visible central AC unit are present, the critical kitchen and bathroom areas require substantial rehabilitation to meet modern standards and appeal. These major components appear to have been last renovated 30-50 years ago, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
First-Time Buyer Appeal: The property is explicitly described as 'perfect for first time home buyers,' suggesting an accessible price point and manageable size for those entering the housing market.
Strategic Commuter Location: Its convenient location to the 91 Freeway offers excellent accessibility for commuters, enhancing daily travel efficiency.
Proximity to Schools: Being conveniently located near schools adds significant value for families, simplifying daily routines and school commutes.
Significant Price Reduction: A substantial price drop from $475,000 to $410,000 indicates motivated sellers and presents a more attractive entry point for potential buyers.
Listed Below Estimated Value: The current list price of $410,000 is below the property's estimated value of $441,796, suggesting a potentially strong investment opportunity or immediate equity.
Cons
Compact Living Space: With only 840 sqft, the home offers limited interior living space, which may not be suitable for larger families or those desiring more expansive rooms.
Older Property Age: Built in 1948, the property is 77 years old, potentially indicating a need for updates to major systems (e.g., plumbing, electrical, HVAC) and general maintenance to meet modern standards.
Limited Bedroom/Bathroom Count: The 2-bedroom, 1-bathroom configuration may restrict its appeal to smaller households or those who require additional rooms or a second bathroom for convenience.