7307 Diamond Street, Riverside, California 92504, Riverside, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$715,000
7307 Diamond Street, Riverside, California 92504
4Beds
2Baths
1,773Sqft
14,810Lot
Year Built
1930
Close
-
List price
$715K
Original List price
$715K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25185214
Home ConditionExcellent
Features
View-

About this home

Two homes in a lot. Front house 3 beds / 1 bath and guest house unit in the back. Sitting on a almost 15,000 sqft lot, this property offers tremendous potential with large workshop/storage shed.Close to downtown and mission in hotel. The main home features 3 spacious bedrooms amazing kitchen and living space. The detached guest house includes a private bathroom ideal for extended family, a home office. 6 minutes from amtrak train station. Outside, the large lot offers plenty of room for expansion, gardening, or entertaining. There’s ample parking and space for RV or boat storage. The detached workshop is perfect for hobbyists, mechanics, or as additional storage. New flooring, new paint inside outside, new plumbing , new kitchen cabinets, new countertops, new roof, new doors, new bathroom and more. You need to come to see it. House is located minutes from freeway 91, Home depot, in and out ,mcdonalds, LA fitness and other shopping centers. Front house 1152 sqft and guest house 644 sqft.

Price History

Date
Event
Price
08/16/25
Listing
$715,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (191 Listings)
Beds43
51%
Baths22
50%
Square foot1,7731,603
61%
Lot Size14,8109,148
67%
Price$715K$633K
67%
Price per square foot$403$412
46%
Built year19309795980
6%
HOA
Days on market81154
15%
Condition Rating
Excellent

Despite being built in 1930, this property has undergone an extensive and recent renovation, bringing it to a virtually new condition. The listing explicitly states 'new flooring, new paint inside outside, new plumbing, new kitchen cabinets, new countertops, new roof, new doors, new bathroom and more.' The images confirm these updates, showcasing a modern kitchen with new white shaker cabinets, white countertops, black fixtures, and stainless steel appliances. Bathrooms feature modern vanities, backlit mirrors, and new fixtures. New wood-look laminate flooring and fresh white paint are present throughout. Modern mini-split AC units are visible, and the exterior has new paint and a new roof. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Multi-Unit Potential: The property features two separate homes on one lot (main house + detached guest house with private bath), offering significant flexibility for multi-generational living, rental income, or dedicated home office space.
Extensive Recent Renovations: Comprehensive updates including new flooring, paint, plumbing, kitchen cabinets, countertops, roof, doors, and bathrooms significantly reduce immediate maintenance and upgrade costs for a new owner.
Generous Lot Size & Outdoor Space: An almost 15,000 sqft lot provides ample room for expansion, gardening, outdoor entertaining, and includes dedicated space for RV or boat storage.
Valuable Additional Structures: The property includes a large detached workshop/storage shed, perfect for hobbyists, mechanics, or extra storage, enhancing the property's utility and appeal.
Strategic Location & Accessibility: Conveniently located minutes from downtown Riverside, the Mission Inn, Amtrak station, Freeway 91, and a variety of essential shopping centers and amenities.

Cons

Age of Original Structure: Built in 1930, despite extensive renovations, the underlying older construction may present unforeseen challenges or require specialized maintenance over time.
Limited Bathrooms in Main House: The main house features 3 bedrooms but only 1 bathroom, which could be a functional limitation for families or multiple residents.
Absence of Mentioned Cooling System: The property description does not indicate the presence of a cooling system (e.g., central air conditioning), which could be a significant comfort concern and potential expense in Riverside's hot climate.

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