16116 Gardner Avenue, Riverside, California 92504, Riverside, - bed, bath
ACTIVE$520,000
16116 Gardner Avenue, Riverside, California 92504
3Beds
2Baths
1,581Sqft
20,038Lot
Year Built
1972
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25042122
Home ConditionPoor
Features
View-
About this home
Calling all investors. Probate
Price History
Date
Event
Price
02/25/25
$520,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (192 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,581 | 1,600 | 48% |
| Lot Size | 20,038 | 9,148 | 69% |
| Price | $520K | $630K | 11% |
| Price per square foot | $329 | $412 | 15% |
| Built year | 1972 | 1959 | 62% |
| HOA | |||
| Days on market | 254 | 155 | 91% |
Condition Rating
Poor
The property was built in 1972. The images show a property in need of substantial work. The exterior is unkempt, and the description mentions 'probate,' suggesting deferred maintenance. The overall condition points to the need for significant repairs and updates.
Pros & Cons
Pros
Large Lot Size: The property boasts a sizable 20,038 sqft lot, offering ample space for outdoor activities, potential expansion, or landscaping.
Investor Opportunity: Listed as a probate sale, presenting a potential opportunity for investors to acquire the property at a competitive price.
Established Neighborhood: Built in 1972, the property is located in an established neighborhood in Riverside, potentially offering a stable community environment.
Good School District: Located within the Riverside Unified School District, which is a positive factor for families with children.
Spacious Interior: With 1,581 sqft of living space, the property offers a comfortable and functional layout for a family.
Cons
Probate Sale: As a probate sale, the transaction process may be longer and more complex than a standard real estate transaction.
Property Condition: The property may require updates or repairs, potentially incurring additional costs for the buyer.
Older Construction: Built in 1972, the property may have outdated features or require upgrades to meet modern standards.