2821 6th, Riverside, California 92507, Riverside, 92507 - 4 bed, 3 bath

2821 6th, Riverside, California 92507 home-pic-0
ACTIVE$440,000
2821 6th, Riverside, California 92507
4Beds
3Baths
1,554Sqft
3,485Lot
Year Built
2004
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$283
HOA
-
Days on market
-
Sold On
-
MLS number
IV25259464
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $440.0K(3th), sqft - 1554(31th), beds - 4(50th), baths - 3(63th).

NO HOA AND LOW TAXES!!!! Bring your handyman tools and save possibly $150K or MORE!!! How is it possible to find a 4 bedroom / 3 full bathroom home built in 2004, 1 block from Mission Inn Avenue for $440,000? Amazing potential! This home was built in 2004 from the slab up and has a whole-house fire-sprinkler system and tile roof: See assessor's records. New Tankless Water Heater! Large living room/family room/ dining area with fireplace! 1 bedroom downstairs with 1 full bathroom with shower and tub for Mother-in-Law / Rent a Room, etc.! 3 bedrooms upstairs. The master bedroom upstairs has master bathroom with shower and tub The other 2 bedrooms share a common full bathroom with shower and tub, so there are 3 FULL BATHROOMS. All bedrooms have ceiling fans. Nice sized kitchen with extra pantry room behind. Full central air conditioning and heating throughout home. Lots of large windows for a light, bright cheery atmosphere! Tile floors upstairs with stained wood upstairs, including staircase. Security screen doors for cross-ventilation. Exterior laundry room with hookups. Property is gated, with palm trees in front yard. Lots of driveway for parking cars. Large trees with shady back yard. With the right offer, the seller may be able to repair items for it to qualify for FHA or VA financing or try FHA 203k. Tile roof for extra years of roof life! Build date of 2nd building (small one) is unknown by agent, seller states it was there when they bought it, and both properties to West of this one have the same small buildings. At this price in Riverside, this home will sell quickly, so call today! .

Price History

Date
Event
Price
11/13/25
Listing
$440,000
01/22/04
Sold
$113,000
06/08/99
Sold
$55,000
01/07/99
Sold
$27,500
03/26/96
Sold
$65,000
Condition Rating
Poor

Despite being built in 2004, the property is in a neglected state requiring substantial repairs and rehabilitation. The listing explicitly states the need for 'handyman tools' and repairs to qualify for FHA or VA financing, indicating significant deferred maintenance. The kitchen features dated oak cabinets, appears to be missing appliances, and is generally worn. Bathrooms are also very dated with builder-grade finishes from the early 2000s, showing wear and tear. Interior paint colors are outdated, and flooring (tile) appears dirty and worn throughout. While major systems like the tankless water heater and central AC are present, the overall cosmetic and functional condition of the interior, especially the kitchen and bathrooms, necessitates a major overhaul.
Pros & Cons

Pros

Cost-Effective Ownership: The property benefits from no HOA fees and low property taxes, significantly reducing ongoing monthly ownership costs.
Modern Infrastructure: Built in 2004, the home features a tile roof, whole-house fire-sprinkler system, new tankless water heater, and central air conditioning/heating, indicating contemporary standards and durability.
Flexible Living Arrangement: With 4 bedrooms and 3 full bathrooms, including a convenient downstairs bedroom and full bath, the layout offers versatility for multi-generational living or potential rental income.
Value Proposition: Offered at a competitive price point for its size, age, and location in Riverside, presenting significant potential for appreciation with improvements.
Functional Amenities & Outdoor Space: Includes a fireplace, ample natural light, gated property, generous off-street parking, and a shaded backyard, enhancing livability and curb appeal.

Cons

Condition Requires Investment: The listing explicitly states the need for 'handyman tools' and potential repairs to qualify for FHA/VA financing, indicating substantial upfront investment and effort for renovation.
Unverified Secondary Structure: The presence of a '2nd building (small one)' with an unknown build date and history suggests potential permitting or compliance issues that may need to be addressed.
Inconvenient Laundry Location: The laundry room is located externally, which may be less practical and comfortable for daily use compared to an indoor setup.

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