
Riverside, California 92507
This End-Unit Condominium serves as a strategic Residential Asset listed at $252,000, currently valued near its $232,536 Fair Market Value. Maintaining a Condition Rating of 4, the unit features a Granite Kitchen and private balcony, reflecting consistent upkeep. Situated in the gated Palmilla community, the property offers a Pool and Spa and sits within the Riverside Unified district near John W. North High School. Its proximity to UC Riverside ensures high rental demand and ROI potential, making this acquisition a stable choice for Buy-and-Hold Investors or Owner-Occupants seeking campus access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1317 Massachusetts Avenue 202 Subject | $252,000* List Price | 1 | 1 | 604 | $385 | - |
A 1313 Massachusetts Avenue 201 Sold | $240,000 | 1 | 1 | 604 | $397 | 0.0 mi |
B 2891 Canyon Crest Drive 16 Sold | $290,000 | 1 | 1 | 752 | $386 | 0.5 mi |
C 1341 Massachusetts Active | $258,000 List Price | 1 | 1 | 604 | $427 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this property is well-maintained and move-in ready but shows signs of being outdated. While the kitchen features granite countertops, the cabinetry and white appliances are older models. The bathroom and light fixtures appear to be from an older renovation or original to the build, and the overall aesthetic reflects regular upkeep rather than a recent, comprehensive modernization.
The property is ideally situated near UC Riverside and major freeways (215, 60, and 90), making it an excellent choice for students, faculty, or commuters.
As an upstairs end-unit, this condo offers increased privacy, better natural light, and fewer shared walls compared to standard interior units.
The gated Palmilla community provides valuable lifestyle features including a pool, spa, and BBQ areas, enhancing the overall appeal for residents.
The monthly HOA fee of $458.52 is relatively high for a 604-square-foot one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
The lack of in-unit laundry hookups requires residents to use communal on-site facilities, which is often viewed as a convenience drawback in the modern market.
Welcome to this upstairs end-unit 1 bedroom, 1 bath condo in the desirable Palmilla community in Riverside! This gated community offers a pool, spa, BBQ areas, and on-site laundry facilities. It is conveniently located near the 215, 60, and 90 freeways, the Highlander Trolley stop, UC Riverside, as well as nearby grocery stores, restaurants, and more. Inside, a good-sized living room sits at the center of the home, featuring a sliding door that opens to a private balcony. The kitchen includes granite countertops and ample cabinet space. The full bathroom offers a tub, and the bedroom provides a comfortable layout with a closet. The simple yet well-designed floor plan makes great use of the space and provides everything you need.
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 | 26% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 604 | 1,080.5 | 5% |
| Lot Size | - | - | 50% |
| Price | $252.0K | $388.0K | 8% |
| Price per sq ft | $417 | $368 | 82% |
| Built year | 1986 | 1982 | 58% |
| HOA | $458.52 | $394 | 87% |
| Days on market | 52 | 177 | 11% |
Mar 1, 2026
$252,000
Initial Listing
Dec 28, 2021
$113,000
Public Record
Jul 23, 2008
$113,000
Public Record
Sep 5, 2006
$180,000
Public Record