200 E Alessandro 34, Riverside, California 92508, Riverside, 92508 - 2 bed, 2 bath
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Riverside, California 92508
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $387,900—positioned well below the $423,149 Fair Market Value by 8%. This valuation gap offers $35,249 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit includes a Granite Kitchen and dual-suite layout with private patios. Located in the Riverside Unified district near a 9/10 rated High School, this property is an ideal choice for first-time buyers or Owner-Occupants seeking a balanced, lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 E Alessandro 34 Subject | $387,900* List Price | 2 | 2 | 1,068 | $396 | - |
A 200 E Alessandro 79 Sold | $385,000 | 2 | 2 | 930 | $414 | 0.0 mi |
B 200 E Alessandro 72 Sold | $390,000 | 2 | 2 | 930 | $419 | 0.0 mi |
C 200 E Alessandro 94 Sold | $325,000 | 1 | 1 | 730 | $445 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property exceeds the 20-year threshold for 'Good.' While it features brand-new carpet and granite countertops, the kitchen remains dated with original-style oak cabinetry, white appliances, and fluorescent light boxes. The bathrooms have been refreshed but the overall aesthetic and systems reflect its age, requiring minor updates to meet modern standards.
High School: Martin Luther King Jr. High School (9/10).
This ground-level unit is ideally situated directly across from the pool and lush greenbelt, offering easy access to amenities and a pleasant park-like view.
The floor plan features two bedrooms each with private bathrooms and individual patios, providing an excellent setup for privacy or a roommate situation.
The monthly HOA fee of $450 is a significant recurring expense that may impact buyer affordability and overall debt-to-income ratios.
While the high school is top-rated at 9/10, the assigned elementary school has a lower rating of 4/10, which could be a drawback for families with young children.
Welcome to "Mission Villas" & to this inviting Ground Level 2-bedroom, 2-bathroom condo perfectly positioned in one of the community’s most desirable locations—right across from the pool and lush grass area. Inside, you’ll find brand-new carpet, a bright kitchen with granite countertops, and an open layout that flows seamlessly into the family room with beautiful laminate flooring. Enjoy meals in the dining area featuring a ceiling fan and easy access to the covered patio just off the family room, ideal for relaxing or entertaining. Each bedroom includes dual closets, private bath with granite counter, fresh tub/shower combo & is a peaceful retreat with its own private patio, perfect for morning coffee or quiet evenings. This community is close to Mission Grove Plaza, featuring shopping, restaurants, movie theater & Gyms. Minutes to Golf courses, UCR, RCC, CBU and Freeway access. This charming condo is waiting for your special touch to make it your own!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,068 | 930 | 75% |
| Lot Size | - | - | 50% |
| Price | $387.9K | $386.4K | 50% |
| Price per sq ft | $363 | $417 | 25% |
| Built year | 1990 | 1990 | 50% |
| HOA | $450.0 | $410 | 75% |
| Days on market | 25 | 160 | 25% |
May 12, 2026
$387,900
Initial Listing
Jul 20, 2016
$207,500
Public Record
Jun 10, 2011
$103,500
Public Record
Jun 6, 2008
$193,000
Public Record
Jan 11, 2007
$300,000
Public Record
Aug 2, 2005
$266,000
Public Record