5130 Hedrick Avenue, Riverside, California 92505 home-pic-0

Price Vs. Estimate

The estimated value ($452,335.475) is $2,335.475 (0%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:

Prime Central Location: Centrally located in Riverside, offering convenient access to shopping, schools, malls, churches, and everyday amenities, enhancing daily living.

Top Cons:

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$450.0K vs avg $640.0K ($-190,000)4%

Size:1,160 sqft vs avg 1,535 sqft24%

Price/sqft:$388 vs avg $42343%

More Insights

Built in 1950 (76 years old).

Condition: Built in 1950, this property is over 70 years old. The listing explicitly states 'great potential for improvement' and the need to 'update and transform this home to suit your personal style,' indicating substantial renovation is required. While no interior images are provided, the age and description strongly suggest outdated kitchen, bathrooms, flooring, and major systems. The short sale status often implies deferred maintenance, further supporting the need for significant rehabilitation rather than minor updates.

Year Built

1950

List price

$450K

Original List price

$450K

Price/Sqft

$388

HOA

Days on market

Sold On

MLS number

CV25279065

Home ConditionPoor

Features

Good View: None

Patio

View-

About this home

Don't miss this incredible opportunity to own a centrally located home in Riverside, just minutes away from shopping, schools, malls, churches, and all the everyday conveniences you could want. This property features 3 bedrooms and 2 bathrooms, although title records indicate only 2 bedrooms and 1 bathroom (buyers are advised to verify permits, square footage, and room count). With great potential for improvement, you can update and transform this home to suit your personal style. While there is no garage, the value of this property is undeniable. Please note that the property has a Notice of Default, and the sale is considered a short sale subject to the lender's approval.

Maria Gutierrez

Listing Agent

Price History

Date

Event

Price

05/09/23

Sold

$530,000

03/03/21

Sold

$400,000

10/30/12

Sold

$286,000

Condition Rating

Poor

Built in 1950, this property is over 70 years old. The listing explicitly states 'great potential for improvement' and the need to 'update and transform this home to suit your personal style,' indicating substantial renovation is required. While no interior images are provided, the age and description strongly suggest outdated kitchen, bathrooms, flooring, and major systems. The short sale status often implies deferred maintenance, further supporting the need for significant rehabilitation rather than minor updates.

Pros & Cons

5130 Hedrick Avenue, Riverside, California 92505, Riverside, 92505 - 3 bed, 2 bath

Price Vs. Estimate

Key pros and cons

Compared to the nearby listings

More Insights

About this home

Price History

Pros

Cons