6762 Rainier Court, Riverside, California 92506, Riverside, - bed, bath

home-pic
ACTIVE$599,000
6762 Rainier Court, Riverside, California 92506
4Beds
3Baths
1,630Sqft
10,890Lot
Year Built
1984
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
WS25244985
Home ConditionFair
Features
Patio
View-

About this home

The Main house has 3 Bedrooms/2 Baths, 1186 sq feet and the ADU has 1 Bedroom (currently being used as a closet) and 1 Bath, 444 sq ft. ADU has a kitchen, small living room, and one full bedroom with closet. Both the House and ADU are occupied. The tenant in the ADU and homeowner are leaving 12/20/25. COE of escrow would have to be 12/20/25 unless buyer wants to close with the tenant in the ADU. The 4th Bedroom and 3rd Bath are located in the separate ADU. Additionally, the estimated sq footage of the ADU is 444 sq. ft. is included in the total sq footage of 1630 sq. ft. Buyer and Buyers agent TO VERIFY all property, community and tax info, permits and square footage. MLS info deemed to be reliable but not guaranteed.

Price History

Date
Event
Price
10/22/25
Listing
$599,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (232 Listings)
Beds44
50%
Baths32
56%
Square foot1,6301,906
35%
Lot Size10,89010,454
52%
Price$599K$730K
21%
Price per square foot$367$390
31%
Built year19841969
73%
HOA
Days on market14169
0%
Condition Rating
Fair

Built in 1984, this property is 40 years old and shows significant signs of age with no apparent major renovations. The kitchen features very dated dark cabinets, older white appliances, and a granite-look laminate or tile countertop/backsplash, along with fluorescent lighting. The bathrooms are also very outdated with old fixtures, frosted shower enclosures, and dated tiling. While the property appears functional, it requires substantial cosmetic updates throughout, particularly in the kitchen and bathrooms, to meet current standards. The flooring is a mix of dated patterned tile and worn carpet. The overall aesthetic is very dated, aligning with a property that has been maintained but not significantly updated in decades.
Pros & Cons

Pros

Income-Generating ADU: The property includes a separate Accessory Dwelling Unit (ADU) with its own kitchen, living room, bedroom, and bath, offering significant potential for rental income or multi-generational living.
Versatile Living Space: The ADU adds a 4th bedroom and 3rd bath, providing flexible living arrangements beyond the main 3 bed/2 bath house, suitable for guests, a home office, or extended family.
Generous Lot Size: With a lot size of 10,890 sq ft (approximately 0.25 acres), the property offers ample outdoor space for landscaping, recreation, or potential expansion (subject to local regulations).
Established Location: Located in Riverside, a well-established city in Southern California, offering access to local amenities, schools (Riverside Unified High School District), and community services.
Total Square Footage: The combined total of 1630 sq ft (main house + ADU) provides a substantial amount of living space, especially considering the added functionality and independence of the ADU.

Cons

Extended Occupancy/Delayed Closing: Both units are occupied, with the ADU tenant and homeowner not vacating until 12/20/25. This mandates a very long escrow period or requires the buyer to close with an existing tenant, significantly limiting the pool of potential buyers, particularly owner-occupants.
Overpriced Relative to Estimation: The listing price of $599,000 is 14% higher than the estimated property value of $515,064.06, suggesting it may be overpriced and could face challenges in appraisal or buyer acceptance.
Age and Potential for Updates: Built in 1984, the property is 40 years old. While functional, it may require significant updates to systems, finishes, or aesthetics to meet modern buyer expectations, which could incur additional costs for the buyer.

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