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770 Libby Drive, Riverside, California 92507, Riverside, 92507 - 7 bed, 3 bath

770 Libby Drive, Riverside, California 92507 home-pic-0
ACTIVE$769,000
770 Libby Drive, Riverside, California 92507
7Beds
3Baths
2,653Sqft
8,712Lot
Year Built
1963
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
$290
HOA
-
Days on market
-
Sold On
-
MLS number
IV25261211
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 5 Cons,5 Pros. Rank: price - $769.0K(81th), sqft - 2653(87th), beds - 7(98th), baths - 3(63th).

***BEAUTIFULLY REMODELED HOME NEAR UNIVERSITY OF RIVERSIDE*** This Home has so much CHARACTER & CHARM and is located very close to UCR with 7 Bedrooms, 3 Bathrooms, 2653 Sq. Ft., 2 Car Garage and a Great Commuter Location. The Remodeled Home having 7 Bedrooms (3 Downstairs) makes this a perfect home for a LARGE FAMILY or INVESTORS looking for a profitable INCOME PRODUCING PROPERTY. There are TONS of UPGRADES including NEW Flooring, NEW Countertops, NEW Appliances, NEW Bathrooms, NEW Interior & Exterior Paint and NEW Exterior Stone. Upon entering there is a spacious Kitchen with Stainless Steel Appliances, Quartz Countertops and Dining nook leading to a Formal Living Room with Fireplace and a second large Dining Area with views of the Backyard. There are 3 Bedrooms Downstairs including the Primary Suite with 2 additional Bedrooms and a second downstairs Bathroom which is perfect for In-Laws or Guests. Upstairs there are 4 spacious Bedrooms and a Full Bathroom. The Backyard is private and has lots of trees. The Home is Conveniently located near UCR, Downtown Riverside, Entertainment, Shopping, Restaurants, Museums and All Major Freeways. LOW TAX RATE & NO HOA.

Price History

Date
Event
Price
11/15/25
Listing
$769,000
01/03/25
Sold
$615,000
Condition Rating
Excellent
Despite being built in 1963, the property has undergone an extensive and recent renovation, as highlighted by the description and supported by the images. The kitchen features new white shaker cabinets, quartz countertops, and stainless steel appliances, all in excellent, modern condition. Bathrooms are completely updated with contemporary tiling, glass shower enclosures, and new vanities. New hardwood-style flooring is present throughout, and the interior/exterior paint is fresh. All visible components appear new or virtually new, meeting current quality standards, indicating a full recent renovation within the last 5 years.
Pros & Cons

Pros

Extensive Recent Remodel: The home has undergone significant upgrades including new flooring, countertops, appliances, bathrooms, interior/exterior paint, and exterior stone, offering a modern and refreshed living experience.
Prime Location & Accessibility: Strategically located very close to the University of Riverside, Downtown Riverside, major freeways, and a variety of entertainment, shopping, and dining options, making it ideal for commuters and those seeking convenience.
High Bedroom Count & Versatile Layout: With 7 bedrooms and 3 bathrooms, including 3 downstairs bedrooms (one primary suite), the property is perfectly suited for large families, multi-generational living, or as a profitable income-producing investment.
Modern Kitchen & Desirable Interior Features: The spacious kitchen boasts stainless steel appliances and quartz countertops, complemented by a formal living room with a fireplace, enhancing comfort and appeal.
Favorable Financial Conditions: Benefits from a low tax rate and no HOA fees, significantly reducing ongoing ownership costs for potential buyers.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Recently Sold Property: The property was recently sold within the past year on 2025-01-03. The sold price is $615,000.00.
Age of Core Structure: Despite extensive cosmetic remodels, the property was built in 1963, which may imply older underlying infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not covered by recent renovations.
Limited Outdoor Living Amenities: While featuring a private backyard with trees, the description does not highlight specific outdoor living amenities such as a patio, deck, or elaborate landscaping, which might be desired for a large family home.
Niche Market Appeal: The high number of 7 bedrooms, while ideal for large families or investors, could limit its appeal to a broader market of buyers who may not require or desire such extensive room count.

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