6762 Rainier Court, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath
ACTIVE$599,000
6762 Rainier Court, Riverside, California 92506
4Beds
3Baths
1,630Sqft
10,890Lot
Price Vs. Estimate
The estimated value ($520,754.195) is $78,245.805 (13%) lower than the list price ($599,000). 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 = 10890, living area = 1630.
Top Cons:
Extended Occupancy/Delayed Closing: The mandatory escrow closing date of 12/20/25 (unless the buyer accepts the tenant) significantly restricts immediate occupancy and limits the pool of potential buyers.
Compared to the nearby listings
Price:$599.0K vs avg $727.6K ($-128,597)21%
Size:1,630 sqft vs avg 1,935 sqft35%
Price/sqft:$367 vs avg $38633%
More Insights
Built in 1984 (41 years old).
Condition: The property, built in 1984, is 40 years old, and the images clearly show that the kitchen and bathrooms are severely outdated, likely original or from a very early renovation (30-40+ years ago). The kitchen features old dark cabinets, speckled laminate countertops, and dated white appliances, along with fluorescent lighting. The visible bathroom has an old-style shower enclosure, pedestal sink, and very dated wooden fixtures. Flooring throughout consists of various old tiles and possibly worn carpet. The MLS description itself notes the 'Age of Property Systems' as a weakness, indicating major systems may be original or nearing the end of their lifespan. These factors suggest the property requires substantial repairs and rehabilitation, particularly in the key areas of kitchen and bathrooms, to meet current quality and comfort standards.
Year Built
1984
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$367
HOA
-
Days on market
-
Sold On
-
MLS number
WS25244985
Home ConditionPoor
Features
Patio
View-
About this home
The Main house has 3 Bedrooms/2 Baths, 1186 sq feet and the ADU has 1 Bedroom (currently being used as a closet) and 1 Bath, 444 sq ft. ADU has a kitchen, small living room, and one full bedroom with closet. Both the House and ADU are occupied. The tenant in the ADU and homeowner are leaving 12/20/25. COE of escrow would have to be 12/20/25 unless buyer wants to close with the tenant in the ADU. The 4th Bedroom and 3rd Bath are located in the separate ADU. Additionally, the estimated sq footage of the ADU is 444 sq. ft. is included in the total sq footage of 1630 sq. ft. Buyer and Buyers agent TO VERIFY all property, community and tax info, permits and square footage. MLS info deemed to be reliable but not guaranteed.
Condition Rating
Poor
The property, built in 1984, is 40 years old, and the images clearly show that the kitchen and bathrooms are severely outdated, likely original or from a very early renovation (30-40+ years ago). The kitchen features old dark cabinets, speckled laminate countertops, and dated white appliances, along with fluorescent lighting. The visible bathroom has an old-style shower enclosure, pedestal sink, and very dated wooden fixtures. Flooring throughout consists of various old tiles and possibly worn carpet. The MLS description itself notes the 'Age of Property Systems' as a weakness, indicating major systems may be original or nearing the end of their lifespan. These factors suggest the property requires substantial repairs and rehabilitation, particularly in the key areas of kitchen and bathrooms, to meet current quality and comfort standards.
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 = 10890, living area = 1630.
Auxiliary Dwelling Unit (ADU): The property includes a separate 444 sq ft ADU with its own kitchen, living room, and bath, offering significant flexibility for rental income, multi-generational living, or a dedicated home office.
Generous Lot Size: A substantial 10,890 sq ft lot provides ample outdoor space for various uses, enhancing privacy and potential for landscaping or expansion.
Total Functional Space: The combined 1630 sq ft across the main house (3 beds/2 baths) and the ADU (1 bed/1 bath) offers a versatile and spacious living arrangement.
Investment Potential: The presence of an ADU provides an immediate opportunity for rental income, making it an attractive option for investors or owner-occupants looking to offset mortgage costs.
Established Neighborhood: Built in 1984, the property is likely situated in an established Riverside neighborhood, often characterized by mature trees, community stability, and proximity to existing infrastructure.
Cons
Extended Occupancy/Delayed Closing: The mandatory escrow closing date of 12/20/25 (unless the buyer accepts the tenant) significantly restricts immediate occupancy and limits the pool of potential buyers.
ADU Bedroom Configuration: The ADU's bedroom is 'currently being used as a closet,' which may require additional effort or cost for the buyer to convert it back to a standard bedroom.
Age of Property Systems: As a 1984 build, the property is 40 years old, suggesting that major systems such as HVAC, roofing, and plumbing may be original or nearing the end of their expected lifespan, potentially leading to future maintenance or replacement expenses.