1305 Massachusetts 205, Riverside, California 92507, Riverside, 92507 - 1 bed, 1 bath
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Riverside, California 92507
This Well-Maintained Condominium is a Strong Value Opportunity, listed at $249,000—positioned well below the $262,771 Fair Market Value by 5%. This strategic pricing offers $13,771 in Instant Equity for the incoming owner. Featuring Granite Countertops, Laminate Flooring, and a Condition Rating of 3, the unit is move-in ready. Located in the gated Pamilla Community with a Pool and Spa, it offers excellent proximity to UC Riverside and John W. North High School. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1305 Massachusetts 205 Subject | $249,000* List Price | 1 | 1 | 640 | $411 | - |
A 1313 Massachusetts Avenue 201 Sold | $240,000 | 1 | 1 | 604 | $397 | 0.0 mi |
B 1315 Massachusetts Avenue 204 Sold | $305,000 | 2 | 2 | 886 | $344 | 0.0 mi |
C 2891 Canyon Crest Drive 16 Sold | $290,000 | 1 | 1 | 752 | $386 | 0.5 mi |
D 1317 Massachusetts Avenue 202 Active | $252,000 List Price | 1 | 1 | 604 | $417 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant updates such as newer laminate wood flooring and granite countertops in the kitchen. While the kitchen cabinets and some appliances (white stove and microwave) are older, the overall interior is clean and functional with no immediate repairs required. The property shows pride of ownership and fits the criteria for a well-maintained home that has undergone partial updates.
The condo is beautifully maintained and move-in ready, featuring a bright and open layout that appeals to both first-time homebuyers and investors seeking a turnkey asset.
Located in the desirable Pamilla community, the property offers the security of a gated environment and the rare convenience of a detached garage for a one-bedroom unit.
The property boasts excellent accessibility to major freeways, shopping, and dining, and is situated within walking distance of University Heights Middle School.
The monthly HOA fee of $460.41 is relatively high for a 640-square-foot condo, which may impact the debt-to-income ratio for buyers and overall investment yield.
With only 640 square feet of living space, the property's compact size may limit its appeal to a narrower demographic of single occupants or couples.
Beautifully maintained 1-bedroom, 1-bath, 1 detached garage condo in the desirable Pamilla community of Riverside. This move-in-ready home features a bright and open layout, spacious bedroom with balcony, comfortable living space perfect for both homeowners and investors. Enjoy a well-kept gated community with convenient access to shopping, dining, and major freeways. A fantastic opportunity for first-time buyers or those looking to downsize without compromising comfort.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 24% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 640 | 1,119 | 13% |
| Lot Size | - | - | 50% |
| Price | $249.0K | $382.5K | 11% |
| Price per sq ft | $389 | $362 | 71% |
| Built year | 1986 | 1984 | 50% |
| HOA | $460.41 | $394 | 87% |
| Days on market | 76 | 154 | 11% |
Apr 1, 2026
$249,000
Initial Listing
Jun 30, 2016
$124,000
Public Record
Aug 13, 2010
$62,000
Public Record
Jun 6, 2006
$184,000
Public Record