1331 Massachusetts Avenue 203, Riverside, California 92507, Riverside, 92507 - 2 bed, 2 bath
ACTIVE$310,000
1331 Massachusetts Avenue 203, Riverside, California 92507
2Beds
2Baths
860Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: Strategically located near major freeways (215 & 60), USC Riverside campus, shopping centers, restaurants, and schools, offering excellent convenience and potential for rental demand.
Top Cons:
Shared Laundry Facilities: Laundry is located below the unit, indicating shared facilities rather than in-unit laundry, which can be a significant inconvenience for many buyers.
Compared to the nearby listings
Price:$310.0K vs avg $391.5K ($-81,495)21%
Size:860 sqft vs avg 1,076 sqft40%
Price/sqft:$360 vs avg $37043%
More Insights
Built in 1986 (39 years old).
Condition: The property, built in 1986, has recent cosmetic updates including fresh paint and newer carpet, making it move-in ready. However, the kitchen, while featuring granite countertops and functional white appliances, has an outdated aesthetic due to the appliance color and cabinet style, suggesting a renovation 15-20 years ago. The bathrooms are clean and functional but basic, with standard vanities and fiberglass tub surrounds. While well-maintained, the overall style of the kitchen and bathrooms, combined with the property's age, indicates a need for minor updates to align with current market trends and preferences.
Year Built
1986
Close
-
List price
$310K
Original List price
$313K
Price/Sqft
$360
HOA
$460
Days on market
-
Sold On
-
MLS number
TR25014759
Home ConditionFair
Features
Deck
View-
About this home
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 floor facing Massachusetts Ave and has access through the walk in entry wrought iron gate. 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. Unit includes stove, fridge, microwave and dishwasher. Granite slab countertops.
Nearby schools
2/10
Highland Elementary School
Public,•PK-6•0.9mi
3/10
University Heights Middle School
Public,•7-8•0.3mi
5/10
John W. North High School
Public,•9-12•0.4mi
Condition Rating
Fair
The property, built in 1986, has recent cosmetic updates including fresh paint and newer carpet, making it move-in ready. However, the kitchen, while featuring granite countertops and functional white appliances, has an outdated aesthetic due to the appliance color and cabinet style, suggesting a renovation 15-20 years ago. The bathrooms are clean and functional but basic, with standard vanities and fiberglass tub surrounds. While well-maintained, the overall style of the kitchen and bathrooms, combined with the property's age, indicates a need for minor updates to align with current market trends and preferences.
Pros & Cons
Pros
Prime Location & Accessibility: Strategically located near major freeways (215 & 60), USC Riverside campus, shopping centers, restaurants, and schools, offering excellent convenience and potential for rental demand.
Recent Updates & Inclusions: The unit has been freshly painted, features newer carpet, and includes essential appliances (stove, fridge, microwave, dishwasher) along with granite slab countertops, making it move-in ready.
Enhanced Security & Privacy: Located within a gated community with access through a wrought iron gate, providing residents with increased security and a sense of privacy.
Dedicated Parking: The property offers both a one-car garage and an additional open parking space with a permit, addressing a common challenge in multi-unit dwellings.
Private Outdoor Space: A balcony off the living room provides a dedicated area for outdoor sitting and relaxation, a desirable amenity for condominium living.
Cons
Shared Laundry Facilities: Laundry is located below the unit, indicating shared facilities rather than in-unit laundry, which can be a significant inconvenience for many buyers.
High Association Fee: The monthly association fee of $460.0 is relatively high for an 860 sqft unit, adding a substantial ongoing cost to homeownership.
Limited Square Footage: With 860 square feet for a 2-bedroom, 2-bath unit, the property offers limited living space, which may not suit buyers seeking more expansive accommodations.