
Riverside, California 92507
This Turnkey Condominium represents a Strong Value Opportunity, listed at $450,000—positioned well below the $476,138 Fair Market Value by 5%. This valuation gap provides $26,138 in Instant Equity. Featuring a Mint Condition Rating, the unit boasts a fully remodeled kitchen, new laminate flooring, and serene Golf Course and Hillside views. Its proximity to the UCR campus and shopping ensures long-term desirability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 Central 21 Subject | $450,000* List Price | 2 | 2 | 1,368 | $348 | - |
A 1040 Central Avenue 14 Sold | $440,000 | 2 | 2 | 1,368 | $322 | 0.0 mi |
B 5424 Via Alberca Sold | $465,000 | 2 | 2 | 1,174 | $396 | 0.3 mi |
C 5050 Canyon Crest 7 Sold | $465,750 | 2 | 2 | 1,302 | $358 | 0.5 mi |
D 5050 Canyon Crest Drive 22 Sold | $490,000 | 2 | 3 | 1,299 | $377 | 0.4 mi |
E 1006 Via Zapata Sold | $565,000 | 3 | 3 | 1,728 | $327 | 0.1 mi |
F 1000 Central 19 Active | $369,000 List Price | 2 | 2 | 965 | $382 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the unit has undergone a comprehensive recent renovation (likely <2 years). It features a fully remodeled kitchen with new shaker cabinets, quartz countertops, and stainless steel appliances. The interior boasts new laminate flooring, fresh paint, and updated bathroom vanities, meeting the criteria for mint condition with no immediate maintenance required.
The property features a prime location overlooking the Canyon Crest Golf Course and serene hillsides, providing a resort-like atmosphere from the private patio.
The unit has been significantly remodeled with a new kitchen featuring quartz countertops and stainless steel appliances, plus new laminate flooring and fresh paint throughout.
Ideally situated near the University of California, Riverside (UCR) campus and major shopping centers, making it highly attractive for both residents and rental investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1368, other record lot size in square feet = 677.
Built in 1970, the property may have aging infrastructure or community amenities that reflect its 50-year-old origin despite the interior renovations.
The unit offers carport parking rather than a private enclosed garage, which may be a drawback for buyers seeking enhanced security or additional enclosed storage.
First time on the market since 1980! Maybe one of the best located units at Las Mesas Community! Come check out this highly remodeled unit! When you open the front door, you feel a welcoming atmosphere. On your right is the fully remodeled kitchen with new cabinets, new quartz counter tops and stainless steel appliances. Stepping out of the kitchen is a cute dining area. A powder room is on the left as you walk down the short hallway to the living area, which features an exposed wood beam ceiling, a brick fireplace and a sliding door leading to the green awning covered patio. Enjoy the beautiful view from the outdoor patio. The far, serene hillside view and the green fairway of Canyon Crest Golf Course right below your unit create a resort-like setting. The whole unit has new laminate flooring and fresh paint throughout giving this home a light, airy feel. Upstairs, there are two spacious bedrooms. The master bedroom has a large walk-in closet and a built-in counter with drawers. The upstairs bathroom is equipped with a custom-made vanity. The unit includes two carport parking spaces and a storage unit. Outside the unit, the HOA management tastefully maintains the landscaping. It is conveniently located near shopping and the UCR campus.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,368 | 1,165 |
| Lot Size | 1,368 | 1,229 |
| Price | $450.0K | $402.1K |
| Price per sq ft | $329 | $353 |
| Built year | 1970 | 1975 |
| HOA | $399.0 | $355 |
| Days on market | 40 | 67 |
Jun 12, 2026
$450,000
Initial Listing