7240 Fiesta Avenue, Riverside, California 92504, Riverside, 92504 - 4 bed, 2 bath

7240 Fiesta Avenue, Riverside, California 92504 home-pic-0
ACTIVE$630,000
7240 Fiesta Avenue, Riverside, California 92504
4Beds
2Baths
1,215Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($630,000) is $0 (0%) lower than the list price ($630,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in a highly desirable Riverside neighborhood, offering excellent access to freeways, shopping centers, hospitals, and entertainment within a 5-minute drive.
Top Cons:
Above Market Estimation: The current listing price of $630,000 is approximately 5% higher than the estimated property value of $593,501.74, potentially impacting buyer interest and negotiation.

Compared to the nearby listings

Price:$630.0K vs avg $630.0K (+$0)50%
Size:1,215 sqft vs avg 1,586.5 sqft23%
Price/sqft:$519 vs avg $41289%

More Insights

Built in 1971 (54 years old).
Condition: Despite being built in 1971, the property has undergone a full and recent renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, a large island, and contemporary finishes. Both bathrooms are completely updated with new vanities, modern tiling, and fixtures. New laminate/vinyl plank flooring, fresh paint, and updated light fixtures are visible throughout the interior, indicating that all major components are new or virtually new, meeting current quality standards.
Year Built
1971
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$519
HOA
-
Days on market
-
Sold On
-
MLS number
TR25221814
Home ConditionExcellent
Features
Patio
View-

About this home

Highly desirable home located on a huge lot in the prime neighborhood of Riverside. This fully renovated single-story residence features a total of 4 bedrooms and 2 bathrooms, offering a perfect blend of modern comfort and classic charm. The upgraded kitchen features a central island, and high-end finishes. The great room creating a warm and inviting atmosphere. The luxurious master suite includes a spacious walk-in closet, additional storage, and an upgraded en-suite bathroom. There are 3 additional bedrooms in the house. The backyard with ample space for outdoor relaxation. Located in the prestigious community, this home is just 5 minutes to freeway, The Shops, Hospital, super markets, dining, and entertainment. Don't miss this incredible opportunity.

Condition Rating
Excellent

Despite being built in 1971, the property has undergone a full and recent renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, a large island, and contemporary finishes. Both bathrooms are completely updated with new vanities, modern tiling, and fixtures. New laminate/vinyl plank flooring, fresh paint, and updated light fixtures are visible throughout the interior, indicating that all major components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a highly desirable Riverside neighborhood, offering excellent access to freeways, shopping centers, hospitals, and entertainment within a 5-minute drive.
Extensive Renovation: The property is a fully renovated single-story residence, featuring modern upgrades throughout, including an upgraded kitchen with a central island and high-end finishes.
Luxurious Master Suite: Boasts a well-appointed master suite with a spacious walk-in closet, additional storage, and an upgraded en-suite bathroom, enhancing comfort and appeal.
Generous Lot Size: Sits on a substantial 7,405 sqft lot, providing ample outdoor space for relaxation, potential landscaping, or future expansion.
Functional Single-Story Layout: The single-story design offers convenient living and accessibility, appealing to a broad range of buyers.

Cons

Above Market Estimation: The current listing price of $630,000 is approximately 5% higher than the estimated property value of $593,501.74, potentially impacting buyer interest and negotiation.
Compact Interior Space: With 1215 sqft for 4 bedrooms and 2 bathrooms, the interior living area may feel somewhat constrained, especially for a family requiring more expansive common areas.
Absence of Views: The property does not offer any specific views, which might be a consideration for buyers seeking scenic outlooks in a desirable location.

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