
Riverside, California 92505
This detached condominium presents a High-Potential Investment Opportunity, listed at $585,000—positioned well above the $487,397 Fair Market Value by -20%. With a Condition Rating of 4, the property remains in its original 2003 state, offering a clear path for cosmetic value-add renovations. While the school district ratings are mixed, the property’s corner lot location near La Sierra University provides strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project to build long-term equity.
Property is moderate renovation needed.
Built in 2003 (23 years old), the property is well-maintained but remains largely in its original state. The kitchen features dated oak cabinetry, white tile countertops, and older white appliances. While the flooring appears to have been updated to a modern laminate, the age of the primary systems and finishes exceeds 20 years, placing it in the fair category as it needs minor cosmetic updates.
The property is ideally situated within walking distance of La Sierra University and minutes from the Galleria at Tyler and the 91 Freeway, offering excellent accessibility for commuters and students.
As a detached condominium, this home provides the privacy and layout of a single-family residence while maintaining the convenience of community-managed amenities like the pool.
Located on a desirable corner lot, the home benefits from increased privacy and potentially more natural light compared to interior units within the Coronado at Riverwalk community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2843, other record lot size in square feet = 2613.
Several assigned public schools, including the nearby elementary and middle schools, have lower performance ratings, which may be a drawback for families prioritizing education.
With a lot size of approximately 2,843 square feet, the outdoor space is relatively small, offering limited room for private gardening or extensive outdoor entertaining.
Welcome to Coronado at Riverwalk! Situated in a desirable corner location, this inviting two-story detached condo offers 3 bedrooms, 2.5 bathrooms, and approximately 1,532 square feet of living space. A convenient downstairs half bath serves guests, while the two car garage adds everyday practicality. Enjoy the nearby community pool, a perfect spot to unwind on sunny Southern California days. Located in a highly desirable area known for its convenience and community appeal, this home is just a short walk to La Sierra University and minutes from Galleria at Tyler. With shopping, dining, entertainment, and access to the 91 Freeway close by, this home brings together comfort, community, and a prime location. Come discover the possibilities at Coronado at Riverwalk!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,532 | 1,115.608 |
| Lot Size | 2,843 | 1,254.765 |
| Price | $585.0K | $393.4K |
| Price per sq ft | $382 | $359 |
| Built year | 2003 | 1982 |
| HOA | $174.0 | $389 |
| Days on market | 7 | 62 |
Oct 17, 2026
$585,000
Initial Listing
May 9, 2008
$245,000
Public Record
Jan 30, 2004
$275,500
Public Record