1341 Massachusetts Avenue 205, Riverside, California 92507, Riverside, 92507 - 1 bed, 2 bath

1341 Massachusetts Avenue 205, Riverside, California 92507 home-pic-0
ACTIVE UNDER CONTRACT$285,000
1341 Massachusetts Avenue 205, Riverside, California 92507
1Bed
2Baths
974Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Flexible Floorplan: The property offers a versatile layout with 1-bedroom plus a spacious loft that includes a full bathroom and closet, providing the flexibility to function as a second bedroom.
Top Cons:
High Association Fee: The monthly association fee of $458.00 is relatively high for a 1-bedroom (plus loft) condominium, which could impact affordability and long-term ownership costs.

Compared to the nearby listings

Price:$285.0K vs avg $391.5K ($-106,495)14%
Size:974 sqft vs avg 1,076 sqft45%
Price/sqft:$293 vs avg $3705%

More Insights

Built in 1986 (39 years old).
Condition: The property, built in 1986, is well-maintained and move-in ready, but its 'updated' kitchen with granite countertops, light wood cabinets, and white appliances appears to be an older renovation (likely 10-20 years old) rather than a recent modern update. The bathrooms are clean and functional but basic. Flooring is a mix of wood-look laminate and white tile. While the home is aged and has received some updates, the overall style and features show signs of being outdated, aligning with the 'Fair' condition criteria for properties built over 20 years ago with renovations between 15-30 years ago, or those built 25-40 years ago with no major recent renovations.
Year Built
1986
Close
-
List price
$285K
Original List price
$285K
Price/Sqft
$293
HOA
$458
Days on market
-
Sold On
-
MLS number
IV25245610
Home ConditionFair
Features
View-

About this home

Welcome home to this beautiful 1-bedroom plus a spacious loft with a full bathroom and closet that could be second bedroom , the condo located in the gated community of Palmilla- Comfortable living space, this upper-level home offers a bright and open floorplan. The inviting living room opens into the dining area and updated kitchen, complete with granite countertops. bedroom very spacious. The home also includes a detached 1-car garage, ideal for secure parking or bonus storage. Also permitted parking pass and ample guest parking throughout the community. Residents enjoy access to resort-style community amenities including a pool, spa, and BBQ area—perfect for relaxing or entertaining. Conveniently located next to shopping. just minutes from UC Riverside! market, close to dining, and major freeways (215, 91, and 60). Ideal for UCR students with easy access to the Highland Trolley stop.

Nearby schools

2/10
Highland Elementary School
Public,PK-60.9mi
3/10
University Heights Middle School
Public,7-80.3mi
5/10
John W. North High School
Public,9-120.4mi
Condition Rating
Fair

The property, built in 1986, is well-maintained and move-in ready, but its 'updated' kitchen with granite countertops, light wood cabinets, and white appliances appears to be an older renovation (likely 10-20 years old) rather than a recent modern update. The bathrooms are clean and functional but basic. Flooring is a mix of wood-look laminate and white tile. While the home is aged and has received some updates, the overall style and features show signs of being outdated, aligning with the 'Fair' condition criteria for properties built over 20 years ago with renovations between 15-30 years ago, or those built 25-40 years ago with no major recent renovations.
Pros & Cons

Pros

Flexible Floorplan: The property offers a versatile layout with 1-bedroom plus a spacious loft that includes a full bathroom and closet, providing the flexibility to function as a second bedroom.
Prime Location: Strategically located minutes from UC Riverside, shopping centers, dining options, and major freeways (215, 91, 60), making it highly convenient for students and commuters alike, with easy access to the Highland Trolley stop.
Community Amenities: Residents enjoy access to resort-style community amenities including a refreshing pool, relaxing spa, and a BBQ area, perfect for leisure and entertaining.
Gated Community & Parking: Situated within the secure, gated community of Palmilla, the property includes a detached 1-car garage for secure parking or storage, along with a permitted parking pass and ample guest parking.
Updated Kitchen: The home features an updated kitchen complete with granite countertops, offering a modern and functional space for cooking and dining.

Cons

High Association Fee: The monthly association fee of $458.00 is relatively high for a 1-bedroom (plus loft) condominium, which could impact affordability and long-term ownership costs.
Non-Traditional Second Bedroom: While the loft is described as a potential second bedroom with a full bath and closet, it is not a fully enclosed, traditional bedroom, which may not meet the needs of all buyers seeking distinct sleeping spaces.
Lack of Views: The property description explicitly states 'view: None,' which may be a drawback for buyers who prioritize scenic outlooks or natural light from specific views.

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