8853 Dufferin Avenue, Riverside, California 92504, Riverside, 92504 - 7 bed, 6 bath
ACTIVE$1,925,000
8853 Dufferin Avenue, Riverside, California 92504
7Beds
6Baths
5,000Sqft
217,800Lot
Price Vs. Estimate
Estimation data not available
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 = 217800, living area = 5000.
Top Cons:
Age of Property & Renovation Needs: Built in 1982, the existing residence likely requires significant modernization and renovation to fulfill its potential as an 'impressive estate' and align with contemporary luxury standards.
Compared to the nearby listings
Price:$1.93M vs avg $630.0K (+$1,295,000)97%
Size:5,000 sqft vs avg 1,594.5 sqft97%
Price/sqft:$385 vs avg $41236%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this property is 42 years old and shows clear signs of significant aging and lack of modernization. The description explicitly states it 'requires significant modernization and renovation.' Images reveal very dated interiors, including worn carpets, basic and outdated light fixtures, and a bathroom with peeling wallpaper, old tile, and basic fixtures that requires substantial rehabilitation. The kitchen, while not fully visible, appears to be original or from a very old renovation. While the structure seems sound, the aesthetic and functional components are far from contemporary standards, necessitating a major overhaul to meet modern living expectations.
Year Built
1982
Close
-
List price
$1.93M
Original List price
$2.1M
Price/Sqft
$385
HOA
-
Days on market
-
Sold On
-
MLS number
IV25167856
Home ConditionPoor
Features
Excellent View: Park/Greenbelt, Hills, Mountain(s), Neighborhood
Patio
ViewPark/Greenbelt, Hills, Mountain(s), Neighborhood
About this home
Amazing Arlington Heights opportunity! Prime location just east of the California Citrus State Historic Park. Unobstructed views in all directions. FLAT 5 acre parcel with Gage Canal water shares (discounted agricultural water)...ideal for citrus, avocado, nursery business, etc. Plenty of space for a barn, shop, sports court, and complete equestrian facilities. Zoned RA-5 (5 acre minimum) makes this part of town one of the MOST desirable for for custom homes and estates. Flexible floorplan, ideal for multigenerational living, 6 bedrooms ALL on the first level, separate entry along the eastern edge of the home could become an ideal ADU within the existing floorplan and still utilize 5 bedrooms for the main home. Open kitchen, spacious family room, 3 fireplaces (including one in the primary suite). This could be transformed into one of the most impressive estates in the area. Gated circular driveway, detached garage with ample storage, multiple entry gates including the western edge along Irving Street.
Condition Rating
Poor
Built in 1982, this property is 42 years old and shows clear signs of significant aging and lack of modernization. The description explicitly states it 'requires significant modernization and renovation.' Images reveal very dated interiors, including worn carpets, basic and outdated light fixtures, and a bathroom with peeling wallpaper, old tile, and basic fixtures that requires substantial rehabilitation. The kitchen, while not fully visible, appears to be original or from a very old renovation. While the structure seems sound, the aesthetic and functional components are far from contemporary standards, necessitating a major overhaul to meet modern living expectations.
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 = 217800, living area = 5000.
Expansive Flat Lot & Agricultural Water Rights: A prime 5-acre flat parcel with valuable Gage Canal water shares, offering discounted agricultural water, ideal for cultivating citrus, avocado, or establishing a nursery business.
Prime Location & Unobstructed Views: Situated in a highly desirable Arlington Heights location, adjacent to the California Citrus State Historic Park, providing unobstructed panoramic views in all directions including park, hills, and mountains.
Flexible Floorplan & ADU Potential: The property features a flexible floorplan with 6 bedrooms all on the first level, including a separate entry that presents an ideal opportunity for an Accessory Dwelling Unit (ADU) for multigenerational living or rental income.
Estate Development Zoning (RA-5): Zoned RA-5 (5-acre minimum), this property is in one of the most sought-after areas for custom homes and estates, with ample space for equestrian facilities, barns, shops, and sports courts.
Privacy & Accessibility: Enhanced privacy and convenient access are provided by a gated circular driveway and multiple entry points, including an additional entrance along Irving Street.
Cons
Age of Property & Renovation Needs: Built in 1982, the existing residence likely requires significant modernization and renovation to fulfill its potential as an 'impressive estate' and align with contemporary luxury standards.
Recent Price Adjustments: The listing history indicates multiple price changes, including recent reductions and subsequent adjustments, which may suggest challenges in market valuation or buyer interest at previous price points.
Significant Investment for Full Potential: While offering immense potential for an estate, agricultural use, or equestrian facilities, realizing these visions will necessitate substantial additional investment beyond the initial purchase price.