1341 Massachusetts, Riverside, California 92507, Riverside, 92507 - 1 bed, 1 bath
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Riverside, California 92507
This Updated Ground-Level Condominium is listed at $258,000, representing a stable entry point at its $255,741 Fair Market Value. Featuring a Move-in Ready Condition Rating, the unit showcases a modernized kitchen with stainless appliances and a Private Outdoor Patio. The inclusion of a Rare Detached 1-Car Garage and gated community amenities like a pool and spa adds significant functional value. Situated within walking distance to UC Riverside and served by the Riverside Unified district, the location ensures long-term desirability. This property is perfectly suited for first-time buyers or student-occupants looking for a secure, turnkey home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 Massachusetts Subject | $258,000* List Price | 1 | 1 | 604 | $423 | - |
A 1313 Massachusetts Avenue 201 Sold | $240,000 | 1 | 1 | 604 | $397 | 0.1 mi |
B 2891 Canyon Crest Drive 16 Sold | $290,000 | 1 | 1 | 752 | $386 | 0.6 mi |
C 1333 Massachusetts Avenue 201 Active Under Contract | $244,000 List Price | 1 | 1 | 604 | $404 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with clear evidence of recent updates. The kitchen has been modernized with stainless steel appliances and stone countertops, and the bathroom features updated fixtures and finishes. While the building dates back to 1986, the interior shows minimal wear with contemporary wood-look flooring and neutral paint, meeting the criteria for a well-maintained, updated home.
Situated within walking distance to UC Riverside and adjacent to major shopping, this property is perfectly positioned for high rental demand from students and faculty.
The inclusion of a detached 1-car garage is a significant value-add, providing secure parking and additional storage space that is often unavailable in similar condo units.
Located in the well-maintained Palmilla gated community, residents benefit from enhanced security and access to premium amenities including a pool, spa, and BBQ area.
The monthly association fee of $458.04 is relatively high for a 604-square-foot one-bedroom unit, which may impact monthly affordability and investor cap rates.
The property relies on shared on-site laundry facilities rather than having private in-unit hookups, which can be a convenience drawback for modern buyers.
Welcome to this corner home, 1 bedroom, 1 bathroom ground-level condo located in the gated community of Palmilla, just a short walk from UC Riverside. Situated in a gated and well-maintained community, this charming unit features wood flooring with an abundance of space for storage. The living area opens up to a private outdoor patio, perfect for enjoying your morning coffee, studying in the fresh air, or simply relaxing after a long day. The bedroom is generously sized and offers ample closet space, while the updated bathroom continues the modern design with clean finishes. Besides, this condo includes a rare and highly sought-after detached 1-car garage, offering extra storage and secure parking—something not always available in similar units. The community offers a community pool and spa, a BBQ area, and convenient on-site laundry facilities. It's also adjacent to a newly remodeled Stater Brothers, making grocery runs quick and convenient, and close to University Village. You'll also enjoy easy access to both the 60 and 91 freeways, ideal for commuters or those who want to explore all that Riverside and the Inland Empire have to offer. Whether you're looking for a low-maintenance home, a student-friendly residence near campus, or a great investment opportunity in a prime location, this condo checks all the boxes. Schedule your private showing today!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 26% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 604 | 1,080.5 | 5% |
| Lot Size | - | - | 50% |
| Price | $258.0K | $388.0K | 8% |
| Price per sq ft | $427 | $368 | 84% |
| Built year | 1986 | 1982 | 58% |
| HOA | $458.04 | $394 | 87% |
| Days on market | 46 | 177 | 8% |
Mar 7, 2026
$258,000
Initial Listing
Jan 19, 2021
$165,000
Public Record
Jun 27, 2017
$125,000
Public Record
Dec 5, 2014
$97,000
Public Record
Aug 23, 2006
$185,000
Public Record