11081 Kayjay Street, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath
ACTIVE$650,000
11081 Kayjay Street, Riverside, California 92503
4Beds
2Baths
2,374Sqft
20,473Lot
Year Built
1979
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$274
HOA
-
Days on market
-
Sold On
-
MLS number
PW25120335
Home ConditionPoor
Features
Good View: Hills, Neighborhood
ViewHills, Neighborhood
About this home
Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,6 Pros. Rank: price - $650.0K(47th), sqft - 2374(72th), beds - 4(50th), baths - 2(50th).
Diamond in the rough. Needs some good TLC.
Nearby schools
3/10
Allan Orrenmaa Elementary School
Public,•K-5•1.0mi
8/10
Lake Hills Elementary School
Public,•K-5•1.6mi
7/10
Lake Mathews Elementary School
Public,•K-6•1.8mi
3/10
Phillip M. Stokoe Elementary School
Public,•PK-5•2.6mi
6/10
Arizona Middle School
Public,•6-8•0.4mi
5/10
Ysmael Villegas Middle School
Public,•6-8•2.6mi
3/10
Chemawa Middle School
Public,•7-8•3.2mi
7/10
Frank Augustus Miller Middle School
Public,•7-8•6.4mi
6/10
Hillcrest High School
Public,•9-12•1.4mi
5/10
Arlington High School
Public,•9-12•2.6mi
Price History
Date
Event
Price
05/29/25
Listing
$650,000
05/23/23
Sold
$975,000
01/30/15
Sold
$450,000
12/16/11
Sold
$253,000
08/08/05
Sold
$559,000
Condition Rating
Poor
The property, built in 1979, is 45 years old. The listing explicitly states it's a 'Diamond in the rough' and 'Needs some good TLC,' which is further reinforced by the property analysis indicating 'Extensive Renovation Required' and 'Older Construction.' The significant price drop from $975,000 to $650,000 also suggests major underlying issues or deferred maintenance. While the exterior image shows a functional home, the lack of interior photos, combined with the strong descriptive language, indicates that the kitchen, bathrooms, and other major systems likely require substantial repairs, rehabilitation, and extensive updates to meet modern standards and ensure comfortable living. This aligns with the 'poor' condition criteria.
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 = 20473, living area = 2374.
Generous Lot Size: The property features a substantial lot size of 20,473 sqft (nearly half an acre), offering significant outdoor space and potential for expansion or landscaping.
Spacious Interior: With 2,374 sqft of living space and 4 bedrooms, the home provides ample room for families or those desiring extra space.
Scenic Views: The property offers desirable 'Hills' and 'Neighborhood' views, enhancing its aesthetic appeal and potential value.
Family-Friendly Layout: The 4-bedroom configuration is highly sought after by families, providing functional living arrangements.
Proximity to Quality Schools: Located near several well-rated public schools, including Lake Hills Elementary (8/10) and Lake Mathews Elementary (7/10), appealing to families.
Cons
Extensive Renovation Required: The property is explicitly described as a 'Diamond in the rough' needing 'good TLC,' indicating significant deferred maintenance and substantial renovation costs for potential buyers.
Older Construction: Built in 1979, the home is 45 years old, suggesting that major systems and finishes may be original or outdated, potentially requiring costly updates or replacements.
Significant Price Discrepancy: A substantial decrease in list price from a $975,000 sale in May 2023 to the current $650,000 strongly implies major issues or damage have occurred, or the property was significantly overvalued previously, posing a risk for buyers.