10022 Chula Vista Way, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath

10022 Chula Vista Way, Riverside, California 92503 home-pic-0
ACTIVE$599,999
10022 Chula Vista Way, Riverside, California 92503
4Beds
2Baths
1,459Sqft
7,405Lot
Year Built
1986
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
SW25268810
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $600.0K(24th), sqft - 1459(37th), beds - 4(50th), baths - 2(50th).

Attention Home Buyers & Cash Investors! This beautiful home is located in a cute, well-kept Riverside neighborhood and in need of a little TLC. This home has been priced BELOW market comps due to the condition of the Roof, which needs to be replaced and financed into the Buyers loan. This property qualifies for the FHA 203K rehab loan, where FHA Buyers can roll in the cost of the new Roof into their loan, on top of the purchase price. Included in the supplement section of the MLS is a copy of the Roof Inspection, Roofing Estimate, Termite/Dryrot Report and Estimate. Dryrot repairs will be completed and paid for by the seller at the close of escrow. This is a great opportunity to pick up a home below market value and make it your own! This home has great curb appeal with a stylish gray exterior, black trim, mature landscaping, fruit trees and a manicured front yard. Inside, you’ll find a warm and inviting living room with a fireplace, perfect for cozy winter evenings at home. The interior offers luxury vinyl plank flooring, fresh interior paint, and a nicely updated kitchen completed approximately seven years ago with new cabinetry and a functional layout, ideal for daily living and entertaining. The Master Bedroom includes mirrored his-and-hers closet organizers along with a sliding glass door leading directly to the backyard. Bedroom #4 features double entry doors and a closet organizer, this room can be used as a bedroom, home office, or playroom. The Backyard was designed for both relaxing and entertaining and features a large a concrete patio with wood patio cover, retaining wall, trampoline, play equipment, and a variety of mature fruit trees and plants including grapefruit, peach, guava, and lemon—perfect for enjoying fresh home-grown produce. Important recent improvements include new windows, a new water heater, and the home was professionally tented for Termites in 2022. The exterior was painted approximately three years ago and the interior has been refreshed with new paint for a clean, move-in-ready feel. This fantastic opportunity to enjoy comfort, space, and functionality in a desirable Riverside location near schools, shopping, dining, and commuting access.

Price History

Date
Event
Price
12/02/25
Listing
$599,999
06/08/18
Sold
$380,000
11/29/16
Sold
$335,000
Condition Rating
Fair

The property, built in 1986, has received several significant updates including new windows, a new water heater, luxury vinyl plank flooring, fresh interior paint, and a kitchen updated approximately seven years ago with new cabinetry. These updates elevate many aspects of the home. However, the roof is explicitly stated to be in poor condition and requires immediate replacement, which is a substantial repair. While the kitchen is in good condition for its age, and the bathrooms are functional, the critical roof issue prevents the property from being classified as 'Good' despite the other recent improvements. It requires more than minor updates due to the roof, but the extensive recent renovations in other areas keep it from being 'Poor'.
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 = 1459.
Desirable Location: Situated in a cute, well-kept Riverside neighborhood with convenient access to schools, shopping, dining, and commuting routes.
Strong Curb Appeal: Features a stylish gray exterior, black trim, mature landscaping, fruit trees, and a manicured front yard.
Significant Recent Upgrades: Important recent improvements include new windows, a new water heater, recent exterior paint (approx. 3 years ago), fresh interior paint, and professional termite treatment (2022).
Updated Interior Features: Boasts luxury vinyl plank flooring, a nicely updated kitchen (approx. 7 years ago) with new cabinetry, and a warm living room with a fireplace.
Entertainer's Backyard: Designed for relaxation and entertaining with a large concrete patio, wood cover, retaining wall, play equipment, and a variety of mature fruit trees.

Cons

Immediate Roof Replacement Needed: The roof is in poor condition and requires immediate replacement, which is a significant cost factored into the below-market pricing.
Requires Additional TLC: The property is noted as needing 'a little TLC' beyond the roof, suggesting potential for further repairs or upgrades to maximize its value.
Specific Financing Required: Qualifies for an FHA 203K rehab loan to finance the roof, which may complicate standard financing options and limit the buyer pool.

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