Realkey.ai
RealKey
‪(213) 433-7766‬

587 W Blaine, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath

587 W Blaine, Riverside, California 92507 home-pic-0
ACTIVE$582,000$1,899/sqft
Est. Value: $509,295
-12%
AboveEstimate
587 W Blaine, Riverside, California 92507
3Beds
2Baths
1,899Sqft
9,583Lot

Price Vs. Estimate

The estimated value ($509,295.01) is $72,704.99 (12%) lower than the list price ($582,000). 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 = 9583, living area = 1899.
Top Cons:
Extensive Interior Modernization Required: The property requires significant interior updates, including kitchen and bath remodels, new flooring, fresh paint, and modern appliances, necessitating additional capital investment from the buyer.

Compared to the nearby listings

Price:$582.0K vs avg $650.0K ($-68,000)24%
Size:1,899 sqft vs avg 1,773 sqft58%
Price/sqft:$306 vs avg $37223%

More Insights

Built in 1956 (70 years old).
Condition: Built in 1956, this property requires substantial interior rehabilitation. While the exterior has been recently painted and some areas have new laminate flooring, the kitchen and bathrooms are significantly outdated and show considerable wear, as explicitly stated in the listing description ('kitchen and bath remodels, new flooring, fresh paint, and modern appliances'). The kitchen features older white cabinets, dated countertops, and appliances (except for a newer range hood). Both bathrooms have older vanities, fixtures, and tile, with visible staining in one shower. The listing also notes 'Aging Infrastructure' for core systems, indicating potential major repairs beyond cosmetic updates.
Year Built
1956
Close
-
List price
$582K
Original List price
$582K
Price/Sqft
$306
HOA
-
Days on market
-
Sold On
-
MLS number
PF26006618
Home ConditionPoor
Features
ViewNeighborhood

About this home

Beautifully Priced and Ideally Located! Situated in one of Riverside's most desirable neighborhoods, this charming single-family home offers incredible potential and a prime location near the University of California, Riverside, local schools, shopping, and convenient freeway access. This is a fantastic opportunity for buyers seeking a home to make their own or investors looking for their next project. The home features 3 spacious bedrooms and 2 bathrooms, a cozy living room with a fireplace, a dedicated dining area that flows into the kitchen and laundry room, and a large family room perfect for gatherings. The seller has recently painted the exterior and added new flooring in select areas, providing a great start for future renovations. With some interior updates, such as kitchen and bath remodels, new flooring, fresh paint, and modern appliances, this home has all the makings of a true gem. The generous backyard, shaded by mature trees, offers the perfect space to relax and enjoy the outdoors, while the attached 2-car garage provides everyday convenience.

A
Anthony Camperi
Listing Agent

Price History

Date
Event
Price
01/09/15
Sold
$280,000
08/05/05
Sold
$375,000
10/07/03
Sold
$488,000
07/09/03
Sold
$320,000
Condition Rating
Poor
Built in 1956, this property requires substantial interior rehabilitation. While the exterior has been recently painted and some areas have new laminate flooring, the kitchen and bathrooms are significantly outdated and show considerable wear, as explicitly stated in the listing description ('kitchen and bath remodels, new flooring, fresh paint, and modern appliances'). The kitchen features older white cabinets, dated countertops, and appliances (except for a newer range hood). Both bathrooms have older vanities, fixtures, and tile, with visible staining in one shower. The listing also notes 'Aging Infrastructure' for core systems, indicating potential major repairs beyond cosmetic updates.
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 = 9583, living area = 1899.
Exceptional Location: Situated in one of Riverside's most desirable neighborhoods, this property offers prime access to the University of California, Riverside, local schools, shopping, and convenient freeway access, appealing to a broad range of buyers.
Significant Renovation Potential: Explicitly highlighted as a 'fantastic opportunity' for buyers to personalize or investors to undertake a project, this home offers substantial upside for value appreciation through interior updates.
Generous Living Spaces: The home features 3 spacious bedrooms, 2 bathrooms, a cozy living room with a fireplace, a dedicated dining area, and a large family room, providing ample and versatile space for comfortable living and gatherings.
Expansive & Shaded Backyard: Boasting a generous 9,583 sqft lot with a backyard shaded by mature trees, it offers a private and relaxing outdoor environment perfect for recreation and enjoyment.
Recent Exterior Enhancements: The seller has recently painted the exterior and added new flooring in select areas, providing a refreshed curb appeal and a solid starting point for future renovations.

Cons

Extensive Interior Modernization Required: The property requires significant interior updates, including kitchen and bath remodels, new flooring, fresh paint, and modern appliances, necessitating additional capital investment from the buyer.
Aging Infrastructure: Built in 1956, the home's older construction suggests that core systems such as plumbing, electrical, and HVAC may be original or outdated, potentially leading to future maintenance or replacement costs.
Standard Neighborhood View: While the property 'has_view', it is limited to a 'Neighborhood' view, lacking the premium scenic vistas (e.g., city lights, mountains, water) that could significantly enhance its market appeal and value.
Browse Properties by State Browse housing market trends by state