8894 Riverside, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath

8894 Riverside, Riverside, California 92503 home-pic-0
ACTIVE$680,000
8894 Riverside, Riverside, California 92503
4Beds
3Baths
1,671Sqft
6,534Lot
Year Built
1957
Close
-
List price
$680K
Original List price
$680K
Price/Sqft
$407
HOA
-
Days on market
-
Sold On
-
MLS number
TR25145189
Home ConditionFair
Features
Good View: None
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $680.0K(53th), sqft - 1671(49th), beds - 4(50th), baths - 3(50th).

Welcome to 8894 Indiana Ave, a well-maintained single-story residence nestled in the heart of Riverside. This spacious home features 4 bedrooms and 3 Full bathrooms, offering a bright and functional layout perfect for families, first-time buyers, or investors. Situated on a generous lot with mature landscaping, a long/wide driveway, and ample outdoor space, the property provides both comfort and versatility. Take advantage of the existing ADU/Guest House which can be used for additional rental income or live in the ADU unit while collecting rent from the main house. The ADU has it's own private entrance and spacious laundry room with additional storage. Conveniently located near schools, shopping, parks, and freeway access, this home is a rare opportunity in a desirable neighborhood. Don’t miss your chance to make it your own!

Condition Rating
Fair

The property was built in 1957. The kitchen in the main house appears to have been updated with new cabinets and appliances, but the style is basic. The ADU kitchen is also updated but simple. The bathrooms are not clearly visible, but the overall impression is that the property has been maintained with some updates, but not a full renovation. The flooring appears to be updated in some areas. Given the age and the level of visible updates, 'Fair' is an appropriate condition score.
Pros & Cons

Pros

ADU Potential: The property includes an existing ADU/Guest House, offering potential for rental income or flexible living arrangements.
Spacious Layout: With 4 bedrooms and 3 full bathrooms, the home provides a bright and functional layout suitable for families or investors.
Large Lot: The property sits on a generous lot with mature landscaping, offering ample outdoor space and versatility.
Desirable Location: Conveniently located near schools, shopping, parks, and freeway access, enhancing its appeal to a wide range of buyers.
Long/Wide Driveway: The property features a long and wide driveway, providing ample parking space.

Cons

Year Built: Built in 1957, the property may require updates to meet modern standards and preferences.
Potential for Updates: While well-maintained, the property may benefit from cosmetic or functional updates to maximize its value.
No Specific View: The property description indicates 'None' for view, which might be a drawback for some buyers seeking scenic surroundings.

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