1327 Massachusetts 205, Riverside, California 92507, Riverside, 92507 - 1 bed, 1 bath
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1327 Massachusetts 205
Riverside, California 92507
ACTIVE
CONDITION: GOOD
1Beds
1Baths
640Sq Ft
652Lot Size
Property Price
LIST PRICE$259,900
EST. MARKET VALUE
$262,160
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $259,900—positioned well below the $262,161 Fair Market Value by 0.86%. This valuation gap offers $2,261 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, laminate flooring, and an Oversized 1-Car Garage. With its proximity to UCR and community Pool & Spa, this move-in ready asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-demand rental location.
Estimated Market Value
$262,160
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1327 Massachusetts 205 Subject | $259,900* List Price | 1 | 1 | 640 | $410 | - |
A 1329 Massachusetts 202 Sold | $245,000 | 1 | 1 | 604 | $406 | 0.0 mi |
B 1333 Massachusetts Avenue 201 Sold | $244,000 | 1 | 1 | 604 | $404 | 0.0 mi |
C 1317 Massachusetts Avenue 202 Sold | $252,000 | 1 | 1 | 604 | $417 | 0.0 mi |
D 1337 Massachusetts Sold | $305,000 | 2 | 2 | 886 | $344 | 0.0 mi |
E 1140 W Blaine Street 101 Sold | $230,000 | 1 | 1 | 616 | $373 | 0.5 mi |
F 1136 W Blaine Street 203 Sold | $206,250 | 0 | 1 | 489 | $422 | 0.5 mi |
G 1305 Massachusetts 205 Active | $249,000 List Price | 1 | 1 | 640 | $389 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1986, the property has been well-maintained and features upgrades such as granite countertops and laminate flooring. The kitchen and living areas are functional and clean, aligning with the 'move-in ready' description and the criteria for a well-maintained home with a 5-15 year old renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
The property's close proximity to UC Riverside makes it an ideal rental opportunity for students and faculty, ensuring high demand and consistent occupancy for investors.
- Modern Interior Upgrades
Featuring granite countertops, laminate flooring throughout, and included appliances, this move-in-ready unit offers a contemporary aesthetic that appeals to first-time buyers.
- Exceptional Parking and Storage
The inclusion of an oversized one-car garage plus an additional parking space is a rare and valuable asset for a one-bedroom condominium, providing superior storage and convenience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $350 monthly association fee represents a significant recurring cost relative to the listing price, which may impact the overall affordability for budget-conscious buyers.
- Low Local School Ratings
The assigned elementary and middle schools have low performance ratings (2 and 3 respectively), which could deter small families and potentially affect long-term appreciation.
About 1327 Massachusetts 205
Attention ALL INVESTORS and FIRST TIME HOME BUYERS... This is a TERRIFIC Upgraded Upstairs Condo Located in the GATED Palmilla Community with Sparkling Pool & Spa * * Affordable Home that has been Nicely Improved * * Enjoy the LARGE Living Room with Laminate Floors Throughout and PRIVATE Balcony with Storage * * Great Kitchen with GRANITE Counter Tops, Built-In Appliances Including the Refrigerator and In-Kitchen Dining Area * * Primary Bedroom with Large Walk-In Closet and Access to the Balcony * * LIGHT & BRIGHT with Neutral Colors Throughout * * Attached 1 CAR Over-Sized Garage with Plenty of Storage and ONE Parking Space * * Enjoy the Community Pool & Spa * * Great Location is Close to Schools, Shopping, Dining/Restaurants, UCR and Close to Freeways * * This is a PERFECT Condo for FIRST TIME Buyer and a GREAT Investment Opportunity as a Rental (Close to UCR) - The Home is MOVE-IN READY!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 652 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Riverside Unified Schools
Highland Elementary School
Grades PK-6 • 0.9 mi
2/10
University Heights Middle School
Grades 7-8 • 0.3 mi
3/10
John W. North High School
Grades 9-12 • 0.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 640 | 1,143.641 |
| Lot Size | 652 | 1,329.769 |
| Price | $259.9K | $397.1K |
| Price per sq ft | $406 | $365 |
| Built year | 1986 | 1982 |
| HOA | $350.0 | $377 |
| Days on market | 5 | 58 |
Pricing History
Listed for Sale
Sep 4, 2026
$259,900
Initial Listing
Sold
Feb 26, 2020
$160,000
Public Record
Sold
Mar 30, 2011
$65,000
Public Record
Sold
Feb 9, 2007
$182,000
Public Record