RealKey
‪(213) 433-7766‬

4758 El Molino Avenue, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath

4758 El Molino Avenue, Riverside, California 92504 home-pic-0
ACTIVE UNDER CONTRACT$640,000
4758 El Molino Avenue, Riverside, California 92504
3Beds
2Baths
1,347Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($630,294.475) is $9,705.525 (1%) lower than the list price ($640,000). 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 = 8712, living area = 1347.
Top Cons:
Absence of Central Air Conditioning: Despite energy efficiency upgrades like insulation and dual-pane windows, the description does not mention a central cooling system, which could be a significant drawback in warmer climates and require future investment.

Compared to the nearby listings

Price:$640.0K vs avg $630.0K (+$10,000)53%
Size:1,347 sqft vs avg 1,586.5 sqft34%
Price/sqft:$475 vs avg $41278%

More Insights

Built in 1952 (73 years old).
Condition: Built in 1952, this home has received significant functional updates such as a new electrical panel, water heater, main drain, and insulation, along with dual-pane windows. These updates contribute to its structural integrity and efficiency. However, the kitchen is notably dated with white tile countertops, older white appliances, fluorescent panel lighting, and country-style wallpaper, suggesting it was last renovated 15-30 years ago. The absence of central air conditioning is also a significant drawback, especially for a California home. While well-maintained, the aesthetic elements, particularly the kitchen, and the lack of a modern cooling system, indicate that it requires substantial aesthetic updates to meet current buyer expectations, aligning with a 'Fair' condition.
Year Built
1952
Close
-
List price
$640K
Original List price
$675K
Price/Sqft
$475
HOA
-
Days on market
-
Sold On
-
MLS number
CV25196061
Home ConditionFair
Features
Patio
View-

About this home

Welcome to Your New Home. Nestled on a quiet residential street, this charming single-story home offers a perfect blend of classic appeal and modern updates. This well-maintained residence features 3 bedrooms and 2 bathrooms, highlighted by original hardwood floors that add character to the hallway and bedrooms. The home's interior is bright and inviting, with a spacious kitchen that includes a separate dining area and a living room centered around a cozy fireplace. The dual-pane windows throughout the house let in abundant natural light, creating a warm and airy atmosphere. Numerous recent upgrades ensure both comfort and efficiency, including a new electrical panel, new water heater, main drain underneath house, and exterior walls have been insulated for energy savings. Step outside to discover a private backyard oasis, complete with mature landscaping and a variety of fruit trees, including tangerine, grapefruit, navel orange, loquat, Meyer lemon, and a mini apple tree. This serene space is ideal for entertaining or simply unwinding after a long day. The spacious front yard, extended driveway, and mature shade trees provide exceptional curb appeal. Additional features include a security system and a large dog pen in the backyard. This home is ideally located near schools, shopping, and major freeways, making it a truly exceptional find.

Nearby schools

4/10
Mountain View Elementary School
Public,•PK-6•1.1mi
6/10
Pachappa Elementary School
Public,•PK-6•1.3mi
4/10
Washington Elementary School
Public,•K-6•1.6mi
5/10
Alcott Elementary School
Public,•K-6•2.5mi
4/10
Sierra Middle School
Public,•7-8•0.5mi
4/10
Matthew Gage Middle School
Public,•7-8•1.7mi
3/10
Chemawa Middle School
Public,•7-8•2.1mi
2/10
Central Middle School
Public,•7-8•2.2mi
5/10
Ramona High School
Public,•9-12•0.7mi
7/10
Polytechnic High School
Public,•9-12•2.1mi
5/10
Arlington High School
Public,•9-12•2.7mi
Condition Rating
Fair
Built in 1952, this home has received significant functional updates such as a new electrical panel, water heater, main drain, and insulation, along with dual-pane windows. These updates contribute to its structural integrity and efficiency. However, the kitchen is notably dated with white tile countertops, older white appliances, fluorescent panel lighting, and country-style wallpaper, suggesting it was last renovated 15-30 years ago. The absence of central air conditioning is also a significant drawback, especially for a California home. While well-maintained, the aesthetic elements, particularly the kitchen, and the lack of a modern cooling system, indicate that it requires substantial aesthetic updates to meet current buyer expectations, aligning with a 'Fair' condition.
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 = 8712, living area = 1347.
Significant Recent Upgrades: The property boasts a new electrical panel, water heater, main drain underneath the house, and insulated exterior walls, enhancing efficiency and reducing immediate maintenance concerns for a buyer.
Charming & Well-Maintained Interior: Features original hardwood floors, dual-pane windows for abundant natural light, and a cozy fireplace, offering a blend of classic character and modern comfort.
Exceptional Outdoor Living & Curb Appeal: A private backyard oasis with mature landscaping and a variety of fruit trees, coupled with a spacious front yard and shade trees, provides strong aesthetic appeal and recreational value.
Prime & Convenient Location: Nestled on a quiet residential street, the home offers easy access to schools, shopping, and major freeways, making it highly desirable for families and commuters.
Enhanced Security & Pet Amenities: The inclusion of a security system and a large dog pen in the backyard adds practical value for safety-conscious buyers and pet owners.

Cons

Absence of Central Air Conditioning: Despite energy efficiency upgrades like insulation and dual-pane windows, the description does not mention a central cooling system, which could be a significant drawback in warmer climates and require future investment.
Potential for Dated Aesthetics: Built in 1952, while some updates are noted, certain areas (e.g., bathrooms or parts of the kitchen not explicitly remodeled) may retain original features that some buyers might find dated or requiring further modernization.
Multiple Price Reductions: The property has undergone several price adjustments since its original listing, which could indicate initial overpricing or challenges in attracting buyers at previous price points.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state