7450 Emerald Street, Riverside, California 92504, Riverside, 92504 - 3 bed, 1 bath

7450 Emerald Street, Riverside, California 92504 home-pic-0
ACTIVE$524,900
7450 Emerald Street, Riverside, California 92504
3Beds
1Bath
1,112Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($524,900) is $0 (0%) lower than the list price ($524,900). 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 = 7405, living area = 1112.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be inconvenient for families or multiple residents and may deter some buyers.

Compared to the nearby listings

Price:$524.9K vs avg $628.5K ($-103,600)11%
Size:1,112 sqft vs avg 1,586.5 sqft12%
Price/sqft:$472 vs avg $41277%

More Insights

Built in 1958 (67 years old).
Condition: Despite being built in 1958, this property has undergone a very recent and extensive renovation, as explicitly stated in the description ('Newly Renovated,' 'brand-new flooring, stylish fixtures, and a fully remodeled bathroom'). The images confirm a completely modern and virtually new kitchen with white shaker cabinets, dark countertops, and stainless steel appliances. The bathroom is also fully updated with a new vanity, modern fixtures, and subway tile in the shower. New laminate flooring and fresh paint throughout the living areas and new carpet in bedrooms contribute to an 'excellent' interior condition, meeting current quality standards with no deferred maintenance in the visible areas. While the age of the underlying structure and unseen systems (plumbing, electrical, roof) is a consideration, the visible and explicitly renovated components are top-tier, making it move-in ready with a contemporary feel.
Year Built
1958
Close
-
List price
$525K
Original List price
$499K
Price/Sqft
$472
HOA
-
Days on market
-
Sold On
-
MLS number
IV24095966
Home ConditionExcellent
Features
View-

About this home

Back on the Market! Fall in Love with This Newly Renovated Riverside Charmer Welcome home to this beautifully refreshed 3-bedroom, 1-bath residence in the heart of Riverside! Step inside to discover brand-new flooring, stylish fixtures, and a fully remodeled bathroom—all thoughtfully designed to create a warm and inviting atmosphere. Every detail reflects care and craftsmanship, offering a move-in-ready home where comfort meets modern living. Enjoy the vibrant neighborhood amenities nearby, including a new library, brand-new elementary school, local parks for sports and recreation, a community hall, and a gymnasium—all within minutes. Convenient freeway access and nearby shopping make this home ideal for today’s lifestyle. Whether you’re a first-time buyer or simply looking for your next chapter, this Riverside gem delivers the perfect blend of style, comfort, and location. Don’t miss your chance to make it yours!

Condition Rating
Excellent

Despite being built in 1958, this property has undergone a very recent and extensive renovation, as explicitly stated in the description ('Newly Renovated,' 'brand-new flooring, stylish fixtures, and a fully remodeled bathroom'). The images confirm a completely modern and virtually new kitchen with white shaker cabinets, dark countertops, and stainless steel appliances. The bathroom is also fully updated with a new vanity, modern fixtures, and subway tile in the shower. New laminate flooring and fresh paint throughout the living areas and new carpet in bedrooms contribute to an 'excellent' interior condition, meeting current quality standards with no deferred maintenance in the visible areas. While the age of the underlying structure and unseen systems (plumbing, electrical, roof) is a consideration, the visible and explicitly renovated components are top-tier, making it move-in ready with a contemporary feel.
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 = 7405, living area = 1112.
Extensive Recent Renovation: The property boasts brand-new flooring, stylish fixtures, and a fully remodeled bathroom, presenting a move-in ready home that appeals to modern buyers.
Prime Neighborhood Amenities: Located within minutes of a new library, brand-new elementary school, local parks, a community hall, and a gymnasium, significantly enhancing lifestyle and family appeal.
Excellent Accessibility: Offers convenient freeway access and proximity to shopping, which is crucial for daily commutes and errands, adding to its practical value.
Broad Buyer Appeal: Positioned as an ideal home for first-time buyers or those seeking a new chapter, suggesting a strong market fit and potential demand.
Generous Lot Size: A 7,405 sqft lot provides ample outdoor space for recreation, gardening, or potential future expansion, adding significant value to the property.

Cons

Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be inconvenient for families or multiple residents and may deter some buyers.
Age of Structure (Despite Renovation): Built in 1958, the home is over six decades old. While interior renovations are extensive, potential buyers may have concerns about the age of unseen structural or foundational elements, or major systems not explicitly updated (e.g., plumbing, electrical, roof).
Recent Price Adjustments & 'Back on Market' Status: The property being 'Back on the Market' coupled with recent price fluctuations (from $499k to $574.9k then to $524.9k) could signal previous issues with offers, overpricing, or buyer perception, potentially raising questions for new prospects.

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