2858 12th Street, Riverside, California 92507, Riverside, - bed, bath

home-pic
ACTIVE$799,000
2858 12th Street, Riverside, California 92507
3Beds
2Baths
980Sqft
7,841Lot
Year Built
1901
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25111890
Home ConditionFair
Features
View-

About this home

Nestled on a quiet street this home exudes timeless charm and character. Constructed during the turn of the 20th century, the main house showcases early American architecture. What sets this property apart is it's attached secondary dwelling. The house is updated for modern living. Can be a guest house, rental unit the attached home includes its own private entrance, a cozy living room area, full kitchen, bathroom and bedroom. Ideal for multi-generational living or income-producing potential! This property offers an opportunity to own a dual-residence layout. The backyard has mature landscaping, perfect for entertaining purposes. Come see it today

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds30
17%
Baths20
0%
Square foot9801,273
17%
Lot Size7,8416,970
50%
Price$799K$678K
67%
Price per square foot$815$450.5
83%
Built year19019715972
17%
HOA
Days on market167220
33%
Condition Rating
Fair

The property was built in 1901. While the description mentions updates for modern living, the exterior image shows a property that appears aged. The landscaping is overgrown, and the exterior paint and details suggest it's not recently renovated. Given the age, it's likely that while functional, the property requires minor updates or repairs to bring it up to current standards. Without interior images, a more precise assessment is not possible, but based on the exterior, 'Fair' is the most appropriate rating.
Pros & Cons

Pros

Income Potential: The property features an attached secondary dwelling with a private entrance, kitchen, bathroom, and bedroom, offering significant income-producing potential through rental.
Multi-Generational Living: The dual-residence layout is ideal for multi-generational living, providing separate living spaces for family members while remaining connected.
Large Lot: The property boasts a large 7841 sqft lot, providing ample space for outdoor activities, gardening, or potential expansion.
Charming Historic Architecture: The main house, constructed in 1901, showcases early American architecture, appealing to buyers who appreciate historical character and charm.
Desirable Location: Located on a quiet street in Riverside, the property offers a peaceful residential environment while still being conveniently located within the city.

Cons

Age and Condition: Built in 1901, the property may require significant updates or repairs to meet modern standards and address potential structural or system issues.
Fair Condition Score: The property has a 'Fair' condition score, suggesting that it may need some work to bring it up to current standards, potentially deterring some buyers.
Limited Interior Information: Lack of interior images makes it difficult to fully assess the condition and appeal of the interior spaces, potentially hindering buyer interest.

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