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6529 Marguerita Avenue, Riverside, California 92506, Riverside, 92506 - 2 bed, 1 bath

6529 Marguerita Avenue, Riverside, California 92506 home-pic-0
ACTIVE$549,900
6529 Marguerita Avenue, Riverside, California 92506
2Beds
1Bath
1,038Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($549,900) is $0 (0%) lower than the list price ($549,900). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Remodel: The property boasts a stunning, recently remodeled Mid-Century modern aesthetic, featuring new LVP flooring, LED lighting, and fresh paint, offering a turnkey living experience.
Top Cons:
Non-Permitted Enclosed Patio: The additional 392 sq ft of enclosed covered patio is non-permitted, which may present challenges for financing, insurance, or future resale.

Compared to the nearby listings

Price:$549.9K vs avg $727.6K ($-177,697)8%
Size:1,038 sqft vs avg 1,935 sqft8%
Price/sqft:$530 vs avg $38690%

More Insights

Built in 1952 (73 years old).
Condition: Despite being built in 1952, this property has undergone an extensive and recent renovation, making it feel like a new home. The kitchen and bathroom are completely new with modern white shaker cabinetry, quartz countertops, new smart appliances, and contemporary fixtures. New LVP flooring, LED lighting, fresh paint, and brand new mini-split A/C and heating systems throughout the main living areas confirm that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1952
Close
-
List price
$550K
Original List price
$575K
Price/Sqft
$530
HOA
-
Days on market
-
Sold On
-
MLS number
IV25176606
Home ConditionExcellent
Features
View-

About this home

Welcome to 6529 Marguerita Ave, a stunning remodeled Mid Century modern nestled in a highly desirable Riverside Neighborhood. This Turnkey two bedroom one bath home offers 1,038 sq ft of stylish living space on a spacious 6,970 sq. ft. Homesite. Enjoy a brand new Kitchen featuring quartz countertops, white shaker cabinetry and all New Smart Appliances. Recent enhancements including new LVP plank flooring, LED lighting, ceiling fan outlets and fresh interior and exterior paint. Comfort is ensured year round with brand new mini-split A/C and heating units located in both bedrooms and great room. The inviting great room features a charming brick fireplace creating a warm and welcoming atmosphere. In addition to the main living area, the home includes a 392 sq ft. of non-permitted enclosed covered patio which adds flexible entertaining, a home gym, office, or play room. The newly landscaped yard features fresh sod and provide the perfect space for relaxing or gathering outdoors. The large front and back yard provide ample room for outdoor enjoyment, gardening, or future possibilities. Conveniently located near award winning schools, shopping, and freeways for the commuter. You'll enjoy easy access to scenic biking and walking paths in one of the areas most established neighborhoods.

Condition Rating
Excellent
Despite being built in 1952, this property has undergone an extensive and recent renovation, making it feel like a new home. The kitchen and bathroom are completely new with modern white shaker cabinetry, quartz countertops, new smart appliances, and contemporary fixtures. New LVP flooring, LED lighting, fresh paint, and brand new mini-split A/C and heating systems throughout the main living areas confirm that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Remodel: The property boasts a stunning, recently remodeled Mid-Century modern aesthetic, featuring new LVP flooring, LED lighting, and fresh paint, offering a turnkey living experience.
Updated Kitchen with Smart Appliances: A brand-new kitchen with quartz countertops, white shaker cabinetry, and all new smart appliances provides a modern and functional culinary space.
Efficient Mini-Split HVAC System: Comfort is ensured year-round with newly installed mini-split A/C and heating units in both bedrooms and the great room.
Desirable Neighborhood & Location: Situated in a highly sought-after Riverside neighborhood, offering convenient access to award-winning schools, shopping, freeways, and scenic walking/biking paths.
Generous & Landscaped Outdoor Space: A spacious 6,970 sq. ft. lot features a newly landscaped yard with fresh sod, providing ample room for outdoor enjoyment and future expansion possibilities.

Cons

Non-Permitted Enclosed Patio: The additional 392 sq ft of enclosed covered patio is non-permitted, which may present challenges for financing, insurance, or future resale.
Limited Bedroom/Bathroom Count: With only two bedrooms and one bathroom, the property may not accommodate larger households or those requiring additional private spaces.
Compact Interior Square Footage: The main living area of 1,038 sq ft is relatively compact, potentially limiting space for growing families or extensive entertaining.

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