1329 Massachusetts Avenue 202, Riverside, California 92507, Riverside, 92507 - 1 bed, 1 bath
ACTIVE UNDER CONTRACT$260,000
1329 Massachusetts Avenue 202, Riverside, California 92507
1Bed
1Bath
604Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: Strategically located within walking distance to UC Riverside and minutes from major freeways, enhancing convenience for residents and potential renters.
Top Cons:
High Homeowners Association Dues: The monthly association fee of $463 is substantial for a 604 sqft unit, potentially impacting overall affordability and investment returns.
Compared to the nearby listings
Price:$260.0K vs avg $391.5K ($-131,495)12%
Size:604 sqft vs avg 1,076 sqft10%
Price/sqft:$430 vs avg $37881%
More Insights
Built in 1986 (39 years old).
Condition: Built in 1986, this condo has undergone significant recent updates, including new vinyl plank flooring, fresh paint, and a brand-new refrigerator. The kitchen features clean maple cabinets, granite countertops, and stainless steel appliances, presenting a well-maintained and functional space. While the kitchen's style isn't ultra-modern, it's in excellent condition. The property is move-in ready with no immediate renovations required, aligning with the 'Good' score criteria for properties extensively renovated within the last 5-15 years.
Year Built
1986
Close
-
List price
$260K
Original List price
$260K
Price/Sqft
$430
HOA
$463
Days on market
-
Sold On
-
MLS number
IG25250131
Home ConditionGood
Features
Good View: Park/Greenbelt, Pond
Deck
Pool
ViewPark/Greenbelt, Pond
About this home
Welcome to the impeccably maintained and gated Palmilla Condominiums! Affordably priced and packed with potential, this is your chance to occupy or invest in one of Riverside’s most desirable locations. This clean, stylish condo is move-in ready, walking distance from UC Riverside, and mere minutes to the freeway. This space shines with new vinyl plank flooring, fresh paint, and thoughtful upgrades like a modern light fixture and a brand-new refrigerator. The kitchen features beautiful maple cabinets and granite countertops and opens to the cozy living room. Enjoy a sparkling pool view from the balcony and a community that’s beautifully landscaped, and highly sought after. Includes one assigned covered carport and one additional parking permit.
Nearby schools
2/10
Highland Elementary School
Public,•PK-6•0.9mi
3/10
University Heights Middle School
Public,•7-8•0.2mi
5/10
John W. North High School
Public,•9-12•0.4mi
Condition Rating
Good
Built in 1986, this condo has undergone significant recent updates, including new vinyl plank flooring, fresh paint, and a brand-new refrigerator. The kitchen features clean maple cabinets, granite countertops, and stainless steel appliances, presenting a well-maintained and functional space. While the kitchen's style isn't ultra-modern, it's in excellent condition. The property is move-in ready with no immediate renovations required, aligning with the 'Good' score criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Prime Location & Accessibility: Strategically located within walking distance to UC Riverside and minutes from major freeways, enhancing convenience for residents and potential renters.
Turnkey Condition & Modern Updates: The condo is move-in ready, featuring recent upgrades such as new vinyl plank flooring, fresh paint, a new refrigerator, and modern kitchen finishes including maple cabinets and granite countertops.
Desirable Gated Community: Part of the 'Palmilla Condominiums,' a gated, impeccably maintained, and beautifully landscaped community offering a sought-after living environment.
Investment & Owner-Occupant Appeal: Affordably priced with strong potential for both owner-occupants and investors, particularly given its proximity to a major university.
Assigned Parking & Community Views: Includes a covered carport and an additional parking permit, complemented by a pleasant pool view from the balcony.
Cons
High Homeowners Association Dues: The monthly association fee of $463 is substantial for a 604 sqft unit, potentially impacting overall affordability and investment returns.
Limited Living Space: With only 604 square feet, the property offers compact living quarters, which may not suit buyers seeking more expansive living areas.
Lower-Rated Elementary School: The local Highland Elementary School has a rating of 2, which could be a consideration for families prioritizing top-tier elementary education.