7515 Delaware, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath
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Riverside, California 92504
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $650,000—positioned well below the $681,332 Fair Market Value by 4%. This valuation gap provides $31,332 in Instant Equity for the buyer. Featuring a 3-bedroom, 2-bath layout with a large great room addition, solar with battery backup, and a 1-year-old HVAC, the home maintains a Condition Rating of 3. It is an ideal acquisition for Owner-Occupants seeking energy efficiency or first-time buyers looking for a move-in ready home with long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7515 Delaware Subject | $650,000* List Price | 3 | 2 | 2,037 | $334 | - |
A 3866 Gates Place Sold | $610,000 | 5 | 2 | 1,939 | $315 | 1.0 mi |
B 7328 Westwood Drive Sold | $689,000 | 3 | 2 | 1,951 | $353 | 0.4 mi |
C 5111 Arlington Avenue Sold | $703,000 | 5 | 2 | 1,780 | $395 | 0.6 mi |
D 3694 Gay Way Sold | $638,000 | 4 | 3 | 1,767 | $361 | 0.7 mi |
E 3118 Mendoza Sold | $686,000 | 4 | 2 | 1,735 | $395 | 0.7 mi |
F 6766 Nicolett Sold | $700,000 | 4 | 2 | 1,882 | $372 | 0.8 mi |
G 4734 Sierra Sold | $590,000 | 4 | 2 | 1,600 | $369 | 0.7 mi |
H 4194 Euclid Court Active Under Contract | $649,000 List Price | 3 | 2 | 1,900 | $342 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1955, the home is exceptionally well-maintained and move-in ready. While the kitchen and bathrooms are dated (featuring some original 1955 tile and older cabinetry), the property boasts excellent system updates including a 1-year-old HVAC, solar with battery backup, and dual-pane windows throughout.
The property features solar panels that will be paid off at closing, a battery backup system, and a brand-new HVAC system installed only a year ago, offering significant utility savings and peace of mind.
With over 2,000 square feet of living space, the home boasts a large great room addition that creates an open-concept kitchen and family area, a rare and highly desirable feature for a 1950s-era residence.
The home retains its mid-century charm with original hardwood floors in the living room and bedrooms, complemented by dual-pane windows and a picturesque location on a quiet, tree-lined street.
While charming to some, the original 1955 tile in the bathrooms and older laminate flooring may be perceived as dated, likely requiring a renovation budget for buyers seeking a modern aesthetic.
Given the 1955 construction date, certain core systems beyond the HVAC may be nearing the end of their functional lifespan, potentially necessitating future investments in plumbing or electrical upgrades.
Come see this charming single story home on a tree lined street. Home has 3 large bedrooms and 2 baths, Parts of which have original 1955 tile. Enter into the living room with a cozy fireplace (currently used as an office) then step into the heart of the home, the addition that is the great room boasting large dining area open to the wonderful kitchen and family room with a second fireplace. Home has a whole house water filtration system and SOLAR which buyer can assume the payments to own with battery backup. HVAC is only 1 yr old and home has an electric water heater. Hardwood floors are throughout the living room and all bedrooms. Laminate flooring is throughout the rest of the home. The home has a utility room with washer dryer hook ups and a sink with tons of cupboards and storage, dual pane windows, ceiling fans. 2 car garage. Near freeways, church, shopping and schools. Come see it today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,037 | 1,723 |
| Lot Size | 7,841 | 8,712 |
| Price | $650.0K | $676.0K |
| Price per sq ft | $319 | $395 |
| Built year | 1955 | 1977 |
| HOA | $0 | $125 |
| Days on market | 26 | 58 |
Jun 26, 2026
$650,000
Initial Listing
Jun 2, 2017
$370,000
Public Record
Jan 28, 2015
$319,000
Public Record