6701 Gaylord, Riverside, California 92505, Riverside, 92505 - 3 bed, 1 bath

6701 Gaylord, Riverside, California 92505 home-pic-0
ACTIVE$775,000
6701 Gaylord, Riverside, California 92505
3Beds
1Bath
1,458Sqft
58,806Lot

Price Vs. Estimate

Estimation data not available

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 = 58806, living area = 1458.
Top Cons:
Extensive Renovation Required: The property is explicitly stated to be 'ready for a little TLC,' indicating that substantial renovation and modernization efforts are likely needed, which can be costly and time-consuming.

Compared to the nearby listings

Price:$775.0K vs avg $640.0K (+$135,000)86%
Size:1,458 sqft vs avg 1,497.5 sqft48%
Price/sqft:$532 vs avg $42685%

More Insights

Built in 1928 (97 years old).
Condition: Built in 1928, this property is explicitly described as needing 'a little TLC' and 'extensive renovation.' The bathrooms are severely outdated with old tiles, vanities, and fixtures, suggesting renovations from 30-50+ years ago or original features. There are no images of the kitchen, but given the age and bathroom condition, it's highly probable it also requires a full renovation. The presence of a window AC unit in one room indicates a lack of modern central cooling. Overall, the property requires substantial repairs and rehabilitation to meet current living standards and comfort.
Year Built
1928
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$532
HOA
-
Days on market
-
Sold On
-
MLS number
IV25275234
Home ConditionPoor
Features
View-

About this home

Welcome to this hidden gem in the heart of Riverside! Situated on over one acre of usable, flat land and surrounded by mature trees, this property offers space, privacy, and endless possibilities. The home features 3 bedrooms and 2 bathroom and is ready for a little TLC—perfect for buyers looking to add their personal touch and unlock its incredible potential. Also has a detached garage that was converted to an ADU, great for rental income or for extra space. Conveniently located just minutes from Tyler Galleria, grocery stores, and with easy access to the 15 and 91 freeways, this property combines tranquility with unbeatable accessibility. Whether you’re looking to expand, invest, or create your dream home, this is a rare opportunity you won’t want to miss. Come see this beauty—it won’t last long

Price History

Date
Event
Price
08/20/20
Sold
$555,000
Condition Rating
Poor

Built in 1928, this property is explicitly described as needing 'a little TLC' and 'extensive renovation.' The bathrooms are severely outdated with old tiles, vanities, and fixtures, suggesting renovations from 30-50+ years ago or original features. There are no images of the kitchen, but given the age and bathroom condition, it's highly probable it also requires a full renovation. The presence of a window AC unit in one room indicates a lack of modern central cooling. Overall, the property requires substantial repairs and rehabilitation to meet current living standards and comfort.
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 = 58806, living area = 1458.
Expansive & Usable Lot: The property boasts over one acre (58,806 sqft) of flat, usable land, providing significant potential for expansion, landscaping, or recreational development.
Income-Generating ADU: A detached garage has been converted into an ADU, offering immediate potential for rental income or flexible additional living space.
Strategic Location: Conveniently located minutes from major amenities like Tyler Galleria and grocery stores, with excellent freeway access (15 & 91), balancing tranquility with urban accessibility.
Privacy and Mature Landscaping: Surrounded by mature trees, the property ensures privacy and enhances its aesthetic appeal, creating a serene environment.
Value-Add Potential: Positioned as a 'hidden gem' requiring 'TLC,' it presents a strong opportunity for buyers to personalize, renovate, and significantly increase its value.

Cons

Extensive Renovation Required: The property is explicitly stated to be 'ready for a little TLC,' indicating that substantial renovation and modernization efforts are likely needed, which can be costly and time-consuming.
Advanced Age of Home: Built in 1928, the home is nearly a century old, suggesting potential for outdated infrastructure, systems (plumbing, electrical), and deferred maintenance issues.
Limited Bathroom Count: With only 1 bathroom for 3 bedrooms (according to structured data), the property may not meet the functional needs of many modern families, potentially requiring an expensive addition or reconfiguration.

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