8714 Bruce Avenue, Riverside, California 92503, Riverside, 92503 - 3 bed, 1 bath

8714 Bruce Avenue, Riverside, California 92503 home-pic-0
ACTIVE$500,000
8714 Bruce Avenue, Riverside, California 92503
3Beds
1Bath
1,304Sqft
6,534Lot
Year Built
1953
Close
-
List price
$500K
Original List price
$580K
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
CV25069748
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $500.0K(5th), sqft - 1304(28th), beds - 3(40th), baths - 1(6th).

This charming home is located in the desirable area of Riverside, offering a great opportunity for customization. The property features 3 bedrooms, 1 bathroom, and a 1-car garage with a driveway. The rooms are beautifully finished with wood flooring, adding warmth and character throughout the home. The living room and kitchen boast durable ceramic tile flooring, providing both style and easy maintenance. The bathroom includes a tub and shower, offering a convenient and comfortable space. Outside, you'll find a patio with tile flooring, perfect for relaxing or entertaining. At the rear of the property, there is a converted garage currently being used as a studio, which was done without legal permits. Conveniently located near schools, shopping centers, and parks, this home offers easy access to everything you need. Don’t miss out on this unique opportunity to make it your own in a sought-after Riverside neighborhood!

Price History

Date
Event
Price
08/16/25
Price Change
$500,000
03/31/25
Listing
$580,000
Condition Rating
Poor

Built in 1953, this property is over 70 years old. The kitchen is significantly outdated with tiled countertops, older oak cabinets, and dated black appliances, requiring a full renovation. While some areas have ceramic tile flooring, the overall aesthetic and age of the home, coupled with the 'opportunity for customization' and an unpermitted garage conversion, indicate that substantial repairs and rehabilitation are needed, likely extending to major systems, to bring it to modern standards and comfort.
Pros & Cons

Pros

Prime Location: The property is situated in a desirable Riverside neighborhood, offering convenient access to schools, shopping centers, and parks.
Customization Potential: Described as a 'great opportunity for customization,' allowing buyers to personalize and potentially increase the home's value.
Attractive Flooring: Features beautifully finished wood flooring in rooms and durable ceramic tile in the living room and kitchen, adding character and ease of maintenance.
Outdoor Living Space: Includes a tiled patio at the rear, providing a dedicated area for relaxation and entertaining.
Significant Price Reduction: The list price has been reduced from $580,000 to $500,000, indicating increased value and a more competitive offering for potential buyers.

Cons

Unpermitted Garage Conversion: The rear garage has been converted into a studio without legal permits, which could lead to compliance issues or require costly remediation.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may not meet the needs of larger families or those desiring more convenience.
Age of Property: Built in 1953, the home's age suggests potential for outdated systems or components that may require future maintenance, repairs, or upgrades.

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