6656 Rexford Drive, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath

6656 Rexford Drive, Riverside, California 92504 home-pic-0
ACTIVE$625,888
6656 Rexford Drive, Riverside, California 92504
3Beds
2Baths
1,141Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($363,958.505) is $261,929.495 (41%) lower than the list price ($625,888). 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 = 8276, living area = 1141.
Top Cons:
Significant Overpricing: The current list price of $625,888 is substantially higher than the property's estimated value ($363,958) and recent comparable sales, suggesting a potential overvaluation of over 40%.

Compared to the nearby listings

Price:$625.9K vs avg $628.5K ($-2,612)49%
Size:1,141 sqft vs avg 1,586.5 sqft17%
Price/sqft:$549 vs avg $41292%

More Insights

Built in 1955 (70 years old).
Condition: This property has undergone a comprehensive and recent 'full remodel,' as evidenced by the brand-new kitchen featuring modern white shaker cabinets, quartz countertops, and new stainless steel appliances. Both bathrooms are completely updated with contemporary vanities, fixtures, and tiling. New vinyl plank flooring extends throughout the house, complemented by fresh interior and exterior paint and new double-pane windows. These extensive updates bring the home to a virtually new condition, meeting current quality standards in its renovated areas.
Year Built
1955
Close
-
List price
$626K
Original List price
$640K
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
CV25054045
Home ConditionExcellent
Features
Patio
View-

About this home

Fully remodeled property featuring 3 Bedrooms and 2 baths. Home has new paint from inside and outside, new vinyl throughout the house completely a lovely remodeled kitchen with Quarts counter top, new stove, dishwasher, sink. The home has all new double pane windows as well. The backyard has ample room for entertaining or having a playset for kids. Do not miss this beauty. Conveniently situated near amenities, it's an ideal opportunity you won't want to miss. Schedule your visit today!

Condition Rating
Excellent

This property has undergone a comprehensive and recent 'full remodel,' as evidenced by the brand-new kitchen featuring modern white shaker cabinets, quartz countertops, and new stainless steel appliances. Both bathrooms are completely updated with contemporary vanities, fixtures, and tiling. New vinyl plank flooring extends throughout the house, complemented by fresh interior and exterior paint and new double-pane windows. These extensive updates bring the home to a virtually new condition, meeting current quality standards in its renovated areas.
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 = 8276, living area = 1141.
Extensive Remodel: The property has undergone a full remodel, including new interior and exterior paint and new vinyl flooring throughout, offering a move-in ready condition for buyers.
Updated Kitchen: The kitchen has been lovely remodeled with Quartz countertops and new appliances (stove, dishwasher, sink), providing a modern and functional space.
Energy Efficient Windows: The installation of all new double-pane windows enhances energy efficiency and reduces external noise.
Generous Backyard: The property boasts an ample backyard, ideal for entertaining or providing play space for children.
Convenient Location: The home is conveniently situated near amenities, offering easy access to essential services and local attractions.

Cons

Significant Overpricing: The current list price of $625,888 is substantially higher than the property's estimated value ($363,958) and recent comparable sales, suggesting a potential overvaluation of over 40%.
Lack of Central Air Conditioning: Despite extensive remodeling, the property description does not mention a cooling system, which is a significant drawback in Riverside's warm climate and a common feature in updated homes.
Unspecified Core System Updates: While cosmetic and some functional updates are highlighted, the description does not specify updates to critical older systems (e.g., plumbing, electrical, roof) for this 1955-built home, which could raise buyer concerns.

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