5855 Challen Avenue, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath
ACTIVE$575,000
5855 Challen Avenue, Riverside, California 92503
3Beds
2Baths
1,166Sqft
5,662Lot
Year Built
2004
Close
-
List price
$575K
Original List price
$599K
Price/Sqft
$493
HOA
-
Days on market
-
Sold On
-
MLS number
IV25161517
Home ConditionGood
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $575.0K(18th), sqft - 1166(18th), beds - 3(40th), baths - 2(50th).
Seller say: Sell it ASAP. This charming and renovated home features 3 bedrooms, 2 baths, Central air, no Hoa fees, low taxes, and quick freeway acces and close to everything you need. Imaging the Christmas tree in the bay window area of this lovely living room. Make an offer today!
Price History
Date
Event
Price
10/16/25
Price Change
$575,000-1.7%
09/30/25
Price Change
$584,900-2.4%
07/17/25
Listing
$599,000
Condition Rating
Good
The property was built in 2004, placing it within the 10-20 year age range for a 'Good' rating. The listing states it's a 'renovated home,' and the images support this with updated laminate flooring, fresh paint, and modern ceiling fans. The bathroom, while not high-end, appears clean, functional, and well-maintained with standard fixtures. The home is move-in ready with central air, indicating major systems are functional and well-kept, consistent with a property that has seen recent updates but not a full, extensive luxury renovation.
Pros & Cons
Pros
Modern & Renovated: Built in 2004 and recently renovated, the home offers a contemporary and well-maintained living environment.
Financial Efficiency: The property benefits from no HOA fees and low property taxes, significantly reducing ongoing ownership costs.
Strategic Location: Offers quick freeway access and close proximity to essential amenities, enhancing convenience for residents.
Essential Comfort: Equipped with central air conditioning, ensuring comfort during warmer months.
Motivated Seller: The seller's explicit urgency to sell ('Sell it ASAP') suggests a strong potential for negotiation and a quick closing.
Cons
Absence of Views: The property explicitly states 'None' for views, which may be a drawback for buyers prioritizing scenic surroundings.
Compact Interior: At 1166 sqft for a 3-bedroom, 2-bathroom layout, the living space is relatively compact, potentially limiting appeal for those seeking more expansive interiors.
Market Pricing Concerns: Multiple price reductions since its initial listing suggest the property may have been overpriced or is facing challenges in attracting buyers at its current valuation.