new - 1 day on rocket

2550 Mission Inn Ave, Riverside, CA, 92507

$299,000

Home List Price

$3,551*

Closing Credit

0 Baths
1,216 SqFt
$246/SqFt
House

Location

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2550 Mission Inn Ave, Riverside$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
HeatingNone
CoolingNone
FireplaceNone
ViewHills
MLS #24465197
Lot Size0.21 Acres
StatusActive

About 2550 Mission Inn Ave

This property has a 2 story historic structure on it, waiting to be finished. Foundation is only 1 1/2 years olds, roof is good, and all walls are ready for new electric, plumbing, etc. Plans are in final stages with the city to be completed (they only had a few more changes), and there is a water main from the street with a new water meter as well. I can refer you to a hard money lender if need be (her rate is 11%). Plans are prepared for a two bedroom, 1.5 bath house, with additional plans for an extra bedroom on the bottom level (if desired.) A massive amount of parking available and property is set back from the street, allowing for an ADU (and now the city has pre-approved ADU plans as well). Also, a garage is not needed on the property due the historic aspect. To finish, the main job would be the framing and closing in the property, and the rest is plumbing, electric, and finishing.

Property Details

Property Features

Property Information:

  • Stories: 2
  • Living Area: 1,216 SqFt

Listing Office:

  • Office Name: Meridian Capital Real Estate
  • Office Phone: (800) 729-5111
  • Listing Agent: Aric Cushing/ Ascent

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Travel East on Mission Inn. 1/2 a mile (about) from the Mission Inn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $246/SqFt
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Housing Market Comparison

See how this home compares to others in Riverside, CA.

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Riverside, CA

City

Med. Sold Price

$655.6K

Med. Price/SqFt

$374

Avg. Days On Market

30

# of Sold Homes

201

2550 Mission Inn Ave vs Riverside

1 DAY ON ROCKET

-29 Days

$299,000

-$356.6K Less

$246/SqFt

-$128 Less

KEY TAKEAWAY

This property is $356.6K less than the Median Sold Price and $128/SqFt less than other homes in Riverside, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24465197

Listing Office:

  • Office Name: Meridian Capital Real Estate
  • Office Phone: (800) 729-5111
  • Listing Agent: Aric Cushing/ Ascent

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-177462
3
/10

  • Longfellow Elementary School

  • 3610 Eucalyptus Ave

  • 0.17 miles

  • Public District Grades KG-6

school-card-donut-177463
4
/10

  • Emerson Elementary School

  • 4660 Ottawa Ave

  • 1.00 miles

  • Public District Grades KG-6

school-card-donut-177464
5
/10

  • Bryant School of Arts and Innovation

  • 4324 3rd St

  • 1.28 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,023. The majority of Riverside, CA residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2550 Mission Inn Ave

What is the listing price of this property?

The listing price of 2550 Mission Inn Ave property is $299,000.

What type of property is this?

The property 2550 Mission Inn Ave is a house located in Riverside, California, 92507.

Is this property for sale now?

Active Listing: 2550 Mission Inn Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 2550 Mission Inn Ave is 1,216 SqFt (source: MLS/tax record).

Rocket Homes›California›Riverside County›Riverside›92507›2550 Mission Inn Ave

This home is located at 2550 Mission Inn Ave in Riverside, CA and zip code 92507 in the Eastside neighborhood. This 1,216 square foot home sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $299,000.

Riverside, CA housing market in October 2024 saw over 86 listings sold above listed price, more than 50 sold at listed price and over 65 sold below. The number of homes for sale in Riverside, CA increased by 0.6% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $655,619 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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