826 W Main, Riverside, California 92507, Riverside, 92507 - 2 bed, 2 bath
ACTIVE$540,000
826 W Main, Riverside, California 92507
2Beds
2Baths
1,418Sqft
15,682Lot
Price Vs. Estimate
The estimated value ($556,228.85) is $16,228.85 (3%) higher than the list price ($540,000). This property may be underpriced.
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 = 15682, living area = 1418.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1418, other record living area = 646. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Compared to the nearby listings
Price:$540.0K vs avg $650.0K ($-110,000)15%
Size:1,418 sqft vs avg 1,854 sqft23%
Price/sqft:$381 vs avg $36456%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property shows a mix of conditions across its two living structures. The main house has received some updates, including newer white shaker-style kitchen cabinets, functional white appliances, and a partially updated bathroom with a modern shower. However, the other bathroom features dated tile, and the overall aesthetic is not contemporary. The second dwelling, described as a 'shop structure,' appears very basic and dated, with older cabinets, appliances, and utilitarian finishes in its kitchen and bathroom. While maintained and functional, the property as a whole requires minor updates to bring it to modern standards, aligning with a 'Fair' condition.
Year Built
1949
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
IG25273368
Home ConditionFair
Features
Good View: Mountain(s), Valley, Trees/Woods
ViewMountain(s), Valley, Trees/Woods
About this home
Welcome to this unique Highgrove property—perfectly situated just moments from the 215 freeway and a short distance from Grand Terrace High School. Set on an expansive, fully fenced lot with beautiful mountain views, this property offers space, versatility, and incredible potential. The main home features two bedrooms plus an office that can easily function as a third bedroom. Step inside to an inviting entryway that leads into a cozy family room complete with a fireplace and ceiling fans for added comfort. In the backyard, you’ll find a separate shop structure that lives like a second home, offering three additional bedrooms, a kitchen, and a bathroom—ideal for extended family, guests, or rental possibilities. The property also includes a shed and plenty of open land for storage, parking, or future projects. With so much usable space and two living areas on one lot, this is a rare opportunity to own a truly versatile property with endless possibilities.
Price History
Date
Event
Price
05/23/19
Sold
$335,000
Condition Rating
Fair
Built in 1949, this property shows a mix of conditions across its two living structures. The main house has received some updates, including newer white shaker-style kitchen cabinets, functional white appliances, and a partially updated bathroom with a modern shower. However, the other bathroom features dated tile, and the overall aesthetic is not contemporary. The second dwelling, described as a 'shop structure,' appears very basic and dated, with older cabinets, appliances, and utilitarian finishes in its kitchen and bathroom. While maintained and functional, the property as a whole requires minor updates to bring it to modern standards, aligning with a 'Fair' condition.
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 = 15682, living area = 1418.
Multi-Generational/Income Potential: Features a separate, fully-equipped secondary dwelling (3 beds, kitchen, bath) ideal for extended family, guests, or potential rental income, significantly enhancing property value and versatility.
Expansive & Functional Lot: Sits on a large, fully fenced 15,682 sqft lot offering ample space for storage, parking, and future development or landscaping projects.
Scenic Views: Boasts beautiful mountain, valley, and tree/woods views, adding to the property's aesthetic appeal and desirability.
Strategic Freeway Access: Conveniently located just moments from the 215 freeway, providing excellent accessibility for commuters.
Flexible Main Home Layout: The main residence includes two bedrooms plus a versatile office space that can easily serve as a third bedroom, adapting to various living needs.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1418, other record living area = 646. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Property Age & Potential Updates: Built in 1949, the property may require updates to systems or aesthetics to meet modern standards, potentially incurring additional costs for a buyer.
Unspecified Secondary Dwelling Status/Size: The square footage and legal permitting status of the 'shop structure that lives like a second home' are not explicitly stated, which could impact appraisal, financing, or legal use.
Inconsistent Bed/Bath Count: The listed 2 beds and 2 baths likely only reflect the main house, potentially understating the property's total functional capacity (5-6 beds, 3 baths across both structures) and causing confusion.