1317 Massachusetts Avenue 203, Riverside, California 92507, Riverside, 92507 - 2 bed, 2 bath
ACTIVE$313,000
1317 Massachusetts Avenue 203, Riverside, California 92507
2Beds
2Baths
860Sqft
Lot
Year Built
1986
Close
-
List price
$313K
Original List price
$313K
Price/Sqft
$364
HOA
$463
Days on market
-
Sold On
-
MLS number
TR25050850
Home ConditionFair
Features
Deck
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $313.0K(21th), sqft - 860(40th), beds - 2(50th), baths - 2(50th).
2 bedrooms and 1 bath plus an additional powder room in Palmilla condominium community in Riverside. Close to 215 and 60 fwy and USC Riverside campus. Shopping, restaurants and schools nearby. Unit is freshly painted and newer carpet. Unit on the second level. Balcony off the living room for outdoor sitting. Gated community. Laundry conveniently located below the unit. One car garage and one car open parking space with the permit. All appliances and fridge in the unit
Nearby schools
2/10
Highland Elementary School
Public,•PK-6•0.8mi
3/10
University Heights Middle School
Public,•7-8•0.2mi
5/10
John W. North High School
Public,•9-12•0.5mi
Condition Rating
Fair
Built in 1986, this property is aged but has received recent cosmetic updates including fresh paint and newer carpet, making it move-in ready. However, the kitchen features dated wood cabinets, white appliances, and older tile flooring, while the bathroom has a basic, dated fiberglass tub/shower insert and vanity. These key areas show signs of being outdated, aligning with a property that requires minor updates to meet current aesthetic standards, rather than extensive repairs.
Pros & Cons
Pros
Prime Location & Accessibility: The property boasts excellent proximity to major freeways (215, 60), the USC Riverside campus, shopping centers, restaurants, and schools, offering significant convenience and potential for appreciation or rental income.
Gated Community Security: Located within a gated community, the unit provides enhanced security and privacy, which is a highly desirable feature for many prospective buyers.
Recent Interior Updates: The unit has been freshly painted and features newer carpet, presenting a move-in ready condition that reduces immediate expenses for the buyer.
Included Appliances: All essential appliances, including the refrigerator, are included in the sale, offering added value and convenience for new homeowners.
Dedicated Parking & Outdoor Space: The property includes a one-car garage, an additional permitted open parking space, and a private balcony off the living room for outdoor relaxation.
Cons
High Association Fees: The monthly association fee of $463 is substantial for an 860 sqft unit, which can significantly impact overall affordability and monthly housing costs for a buyer.
Limited Square Footage: At 860 sqft, the unit offers relatively small living space for a 2-bedroom property, potentially limiting its appeal for buyers seeking more spacious accommodations or growing families.
Second-Level Access: As a second-level unit, access requires stairs, which could be a drawback for buyers with mobility concerns, young children, or those who prefer ground-floor living.