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6985 Malibu Drive, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath

6985 Malibu Drive, Riverside, California 92504 home-pic-0
ACTIVE UNDER CONTRACT$599,000
6985 Malibu Drive, Riverside, California 92504
3Beds
2Baths
1,724Sqft
8,712Lot
Year Built
1954
Close
-
List price
$599K
Original List price
$625K
Price/Sqft
$347
HOA
-
Days on market
-
Sold On
-
MLS number
TR25216720
Home ConditionFair
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $599.0K(35th), sqft - 1724(55th), beds - 3(50th), baths - 2(50th).

Welcome to 6985 Malibu Drive in Riverside! This charming 3-bedroom, 2-bath home offers timeless character and plenty of potential to make it your own. Newly painted throughout the entire interior, the home features a blend of original details—including wood paneling and textured walls—alongside hardwood flooring that’s ready to shine with a simple refresh. Enjoy the sparkling pool, perfect for relaxing or entertaining, set on a desirable corner lot at the end of a quiet street that provides extra privacy and minimal traffic. The location is ideal—just 15 minutes from the vibrant shops, dining, and culture of historic downtown Riverside, while still giving you a peaceful retreat to call home. Move-in ready with room to add your personal touch, this home is a wonderful opportunity to create your next chapter in one of Riverside’s most convenient locations. Don’t miss the chance to see it for yourself!

Price History

Date
Event
Price
11/21/25
Price Change
$599,000-1.8%
10/30/25
Price Change
$610,000-1.6%
10/16/25
Price Change
$619,900-0.8%
10/02/25
Listing
$624,900
Condition Rating
Fair
Built in 1954, this property is aged but appears maintained with a newly painted interior and hardwood floors that need refreshing. However, the kitchen is significantly outdated with older appliances, cabinets, and countertops, requiring a full renovation to meet modern standards. While no bathroom images are provided, it's highly probable they are similarly dated given the home's age and other original features like wood paneling and textured walls. The property is functional and livable, but requires substantial modernization and investment beyond cosmetic updates, particularly in the kitchen and likely bathrooms.
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 = 8712, living area = 1724.
Private Outdoor Oasis: Features a sparkling pool and is situated on a desirable corner lot at the end of a quiet street, offering enhanced privacy and minimal traffic.
Convenient Location: Ideally located just 15 minutes from historic downtown Riverside's vibrant shops, dining, and cultural attractions.
Charming Character & Renovation Potential: Boasts timeless character with original details and hardwood flooring, offering significant potential for personalization and value addition.
Recently Refreshed Interior: The entire interior has been newly painted, providing a clean and move-in ready foundation for new owners.
Generous Lot Size: An 8,712 sqft lot provides ample outdoor space for recreation and entertaining, complementing the private pool area.

Cons

Dated Original Features: While charming, the presence of original details like wood paneling and textured walls may require significant updates to appeal to modern aesthetic preferences.
Required Modernization Investment: The property's age (1954) and 'potential to make it your own' suggest that substantial investment may be needed for comprehensive modernization beyond cosmetic refreshes.
Recent Price Reductions: Multiple price drops from the original listing price indicate potential market resistance or an initial overvaluation, which could affect buyer perception.

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