8680 Indiana Avenue, Riverside, California 92504, Riverside, 92504 - 3 bed, 1 bath

8680 Indiana Avenue, Riverside, California 92504 home-pic-0
ACTIVE$649,000
8680 Indiana Avenue, Riverside, California 92504
3Beds
1Bath
1,000Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($379,668.98) is $269,331.02 (41%) lower than the list price ($649,000). 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 = 10890, living area = 1000.
Top Cons:
Significant Overpricing: The list price of $649,000 is substantially higher than the estimated market value and recent comparable sales, indicating a potential pricing challenge.

Compared to the nearby listings

Price:$649.0K vs avg $630.0K (+$19,000)54%
Size:1,000 sqft vs avg 1,586.5 sqft8%
Price/sqft:$649 vs avg $41298%

More Insights

Built in 1951 (74 years old).
Condition: The property, built in 1951, features a recently and extensively updated kitchen with modern gray shaker cabinets, stainless steel appliances, contemporary backsplash, and recessed lighting. The visible interior areas, including a bedroom, also showcase modern large-format tile flooring and recessed lighting, indicating significant cosmetic renovations. While these updates make the home move-in ready with no immediate renovation required for the visible areas, the listing lacks specific details or images regarding the condition of the single bathroom and major systems (HVAC, electrical, plumbing). For a home of this age, without explicit confirmation of comprehensive system upgrades, it cannot be classified as 'Excellent' where all components are virtually new. Therefore, it falls into the 'Good' category, signifying a well-maintained property with substantial recent cosmetic updates, but with some unknowns regarding older systems.
Year Built
1951
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$649
HOA
-
Days on market
-
Sold On
-
MLS number
PW25119500
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Pool
Patio
ViewCity Lights,Neighborhood

About this home

Gorgeous 3 bedrooms, 1 bathroom, front porch, attached two car garage, open floor plan. Back patio good for entertaining, swimming pool. Circular driveway plenty room for parking. Close to Freeway for a quick commute. Bring you buyer for sure they love this home.

Nearby schools

5/10
Hawthorne Elementary School
Public,PK-60.8mi
4/10
Liberty Elementary School
Public,PK-61.4mi
3/10
Chemawa Middle School
Public,7-80.6mi
5/10
Arlington High School
Public,9-120.7mi
Condition Rating
Good

The property, built in 1951, features a recently and extensively updated kitchen with modern gray shaker cabinets, stainless steel appliances, contemporary backsplash, and recessed lighting. The visible interior areas, including a bedroom, also showcase modern large-format tile flooring and recessed lighting, indicating significant cosmetic renovations. While these updates make the home move-in ready with no immediate renovation required for the visible areas, the listing lacks specific details or images regarding the condition of the single bathroom and major systems (HVAC, electrical, plumbing). For a home of this age, without explicit confirmation of comprehensive system upgrades, it cannot be classified as 'Excellent' where all components are virtually new. Therefore, it falls into the 'Good' category, signifying a well-maintained property with substantial recent cosmetic updates, but with some unknowns regarding older systems.
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 = 10890, living area = 1000.
Large Lot Size & Outdoor Amenities: The expansive 10,890 sqft lot features a swimming pool and a back patio ideal for entertaining, offering significant outdoor living space and potential.
Convenient Location: The property boasts quick freeway access, making it highly desirable for commuters.
Ample Parking: A circular driveway provides plenty of room for parking, a practical advantage for residents and guests.
Desirable Views: Enjoy attractive City Lights and Neighborhood views, enhancing the property's aesthetic appeal.
Strong School Ratings: Located within the Riverside Unified district, with highly-rated nearby schools like Arlington High (5/5) and Hawthorne Elementary (5/5).

Cons

Significant Overpricing: The list price of $649,000 is substantially higher than the estimated market value and recent comparable sales, indicating a potential pricing challenge.
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be a functional drawback for families or multiple occupants.
Age and Potential for Undisclosed Updates: Built in 1951, the property's age suggests potential for outdated systems or deferred maintenance, as no major system upgrades are explicitly mentioned in the description.

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