5801 Walter Street, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath
ACTIVE$575,000
5801 Walter Street, Riverside, California 92504
3Beds
2Baths
1,161Sqft
6,970Lot
Price Vs. Estimate
The estimated value ($575,000) is $0 (0%) lower than the list price ($575,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in a desirable west-end Riverside location, close to Central Avenue, Jurupa Avenue, and minutes from Riverside Plaza, offering convenience and accessibility.
Top Cons:
Older Construction: Built in 1956, the property's underlying structure is older, which despite recent remodels, might raise concerns for some buyers regarding long-term maintenance or efficiency compared to newer builds.
Compared to the nearby listings
Price:$575.0K vs avg $628.5K ($-53,500)27%
Size:1,161 sqft vs avg 1,586.5 sqft20%
Price/sqft:$495 vs avg $41283%
More Insights
Built in 1956 (69 years old).
Condition: The property, built in 1956, has undergone a recent and comprehensive renovation, as stated in the description ('Completely remodeled house', 'new carpet', 'new paint', 'new electrical and plumbing Fixtures'). The images confirm new laminate flooring in living areas and bathrooms, new carpet in bedrooms, and fresh paint throughout. The kitchen features new white shaker cabinets and a double stainless steel sink, though it has basic laminate countertops and is missing major appliances (only a basic range hood is visible). The bathroom has a new white vanity, toilet, tub, and clean tile surround. While the renovation makes the home move-in ready with no immediate repairs needed, the finishes are functional and basic rather than high-end or meeting the 'current quality standards' expected for an 'excellent' rating. The overall condition is clean, fresh, and well-maintained post-renovation, aligning with a 'good' score.
Year Built
1956
Close
-
List price
$575K
Original List price
$585K
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
CV25171843
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Desirable Location on west end of Riverside! This Single Story Home offers 3 bedroom, 2 bathrooms plus a Bonus Room That could turned into two additional bedrooms or a large family room or an ADU, Open kitchen and living room with cozy fireplace. Prime location in the heart of Riverside north of Central Avenue and South of Jurupa Ave. Minutes drive from Riverside Plaza. Completely remodeled house with a large carport, large front yard with plenty of parking , nice back yard for your family gatherings, 3 spacious bedrooms and two full bathroom with a large kitchen/dining area. new carpet , new paint , new electrical and plumbing Fixtures. Its price to sell.
Condition Rating
Good
The property, built in 1956, has undergone a recent and comprehensive renovation, as stated in the description ('Completely remodeled house', 'new carpet', 'new paint', 'new electrical and plumbing Fixtures'). The images confirm new laminate flooring in living areas and bathrooms, new carpet in bedrooms, and fresh paint throughout. The kitchen features new white shaker cabinets and a double stainless steel sink, though it has basic laminate countertops and is missing major appliances (only a basic range hood is visible). The bathroom has a new white vanity, toilet, tub, and clean tile surround. While the renovation makes the home move-in ready with no immediate repairs needed, the finishes are functional and basic rather than high-end or meeting the 'current quality standards' expected for an 'excellent' rating. The overall condition is clean, fresh, and well-maintained post-renovation, aligning with a 'good' score.
Pros & Cons
Pros
Prime Location: Situated in a desirable west-end Riverside location, close to Central Avenue, Jurupa Avenue, and minutes from Riverside Plaza, offering convenience and accessibility.
Extensive Remodel: The property has been completely remodeled, featuring new carpet, paint, electrical, and plumbing fixtures, providing a move-in ready condition.
Versatile Bonus Room: Includes a flexible bonus room with potential to be converted into two additional bedrooms, a large family room, or an Accessory Dwelling Unit (ADU), adding significant value and utility.
Single-Story Layout: The single-story design offers broad appeal, enhancing accessibility and ease of living for various demographics.
Generous Outdoor Space & Parking: Features a large front yard with ample parking, a large carport, and a nice backyard suitable for family gatherings, enhancing outdoor living and convenience.
Cons
Older Construction: Built in 1956, the property's underlying structure is older, which despite recent remodels, might raise concerns for some buyers regarding long-term maintenance or efficiency compared to newer builds.
Recent Price Reduction: The property has undergone a price reduction from its original listing, which could indicate initial overpricing or a slower market response, potentially affecting buyer perception.
Compact Interior Space: With 1161 square feet for 3 bedrooms, 2 bathrooms, plus a bonus room, the interior living space might be considered compact for some families seeking more expansive living areas.