2321 Gonzaga Lane, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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Riverside, California 92507
This Three-Bedroom Residential Condominium is listed at $395,000, representing a stable entry point near its $374,157 Fair Market Value. Maintaining a Condition Rating of 4, the interior is functional and move-in ready, featuring a spacious primary suite with a walk-in closet and a highly convenient in-unit laundry room. Located within the Riverside Unified School District and minutes from UC Riverside and Downtown Riverside, the property benefits from consistent local demand and strategic freeway access. This is a reliable choice for Buy-and-Hold Investors or first-time buyers looking for a well-connected lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2321 Gonzaga Lane Subject | $380,000* List Price | 3 | 2 | 1,152 | $320 | - |
A 1471 Clemson Way Sold | $383,000 | 3 | 2 | 1,170 | $327 | 0.0 mi |
B 2537 Occidental Circle Sold | $385,000 | 3 | 2 | 1,085 | $355 | 0.1 mi |
C 1373 Wheaton Way Sold | $359,000 | 2 | 2 | 1,024 | $351 | 0.1 mi |
D 1315 Massachusetts Avenue 204 Sold | $305,000 | 2 | 2 | 886 | $344 | 0.2 mi |
E 2891 Canyon Crest Drive 16 Sold | $290,000 | 1 | 1 | 752 | $386 | 0.7 mi |
F 2561 Gonzaga Ln Active | $320,000 List Price | 3 | 2 | 1,152 | $278 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is well-maintained but shows clear signs of its age. The kitchen and bathrooms feature dated styles and standard fixtures consistent with a property that has undergone regular upkeep rather than a full modern renovation. While functional and move-in ready, the vintage construction and older cabinetry/finishes align with the 'fair' criteria for homes over 20 years old with outdated major components.
The property is ideally situated minutes from UC Riverside and Downtown Riverside, offering exceptional appeal for investors seeking rental demand or professionals wanting proximity to the city's cultural hub.
Featuring a dedicated interior laundry room that fits full-size appliances, this condo eliminates the need for shared facilities, a highly sought-after amenity in multi-family housing.
The primary bedroom offers a spacious layout with a walk-in closet and private en-suite bath, providing a level of comfort and storage often lacking in standard condominium floor plans.
Being located on the second floor may limit appeal for buyers with mobility concerns or those seeking easy access for moving large furniture and groceries.
Built in 1977, the unit may require updates to its original systems or cosmetic finishes to align with modern energy efficiency and contemporary design trends.
This open and inviting 3-bedroom, 2-bath condo offers a large living room and a separate dining area, perfect for entertaining. The pass-through kitchen opens to the dining space and provides a breakfast bar option for additional seating. Inside laundry room fits a full-size washer and dryer, no need for the laundromat! Down the hallway are two generously sized bedrooms, plus a large primary suite featuring a walk-in closet, private bath with tub/shower combo, and extra storage cabinets. The hallway bathroom also includes a shower/tub combo for convenience. Located on the second floor, this unit offers privacy and comfort. Whether you’re a first-time homebuyer, downsizing, or seeking an investment opportunity, this condo checks all the boxes. Minutes from Downtown Riverside, UC Riverside, the Fox Theater, Tyler Mall, and quick freeway access, the location can’t be beat!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,102 | 68% |
| Lot Size | - | - | 50% |
| Price | $380.0K | $388.0K | 37% |
| Price per sq ft | $330 | $364 | 29% |
| Built year | 1977 | 1982 | 39% |
| HOA | $335.0 | $385 | 39% |
| Days on market | 233 | 184 | 68% |
Apr 3, 2026
$380,000
$395,000
-4% Price Drop
Initial Listing
Sep 1, 2025
$395,000
Initial Listing