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2321 Gonzaga Lane, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath

2321 Gonzaga Lane, Riverside, California 92507 home-pic-0
ACTIVE$395,000
2321 Gonzaga Lane, Riverside, California 92507
3Beds
2Baths
1,152Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Highly desirable location with immediate access to Downtown Riverside, UC Riverside, entertainment venues (Fox Theater), shopping (Tyler Mall), and major freeways, enhancing convenience and potential for appreciation.
Top Cons:
Property Age: Built in 1977, the unit may require updates to finishes, fixtures, or systems to meet contemporary buyer preferences, potentially incurring additional costs.

Compared to the nearby listings

Price:$395.0K vs avg $394.0K (+$1,005)50%
Size:1,152 sqft vs avg 1,097.5 sqft67%
Price/sqft:$343 vs avg $37031%

More Insights

Built in 1977 (48 years old).
Condition: Built in 1977, this condo is 47 years old and shows its age through its dated but functional features. The kitchen and bathrooms, while clean, feature original or very old cabinets, countertops, and fixtures, along with popcorn ceilings throughout. The laminate and tile flooring appear well-maintained but are not new. The property is livable and appears to have been regularly maintained, but it requires significant cosmetic updates to meet current aesthetic standards and would benefit from a full renovation of the kitchen and bathrooms.
Year Built
1977
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
$343
HOA
$335
Days on market
-
Sold On
-
MLS number
IV25196469
Home ConditionFair
Features
View-

About this home

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!

Condition Rating
Fair
Built in 1977, this condo is 47 years old and shows its age through its dated but functional features. The kitchen and bathrooms, while clean, feature original or very old cabinets, countertops, and fixtures, along with popcorn ceilings throughout. The laminate and tile flooring appear well-maintained but are not new. The property is livable and appears to have been regularly maintained, but it requires significant cosmetic updates to meet current aesthetic standards and would benefit from a full renovation of the kitchen and bathrooms.
Pros & Cons

Pros

Prime Location: Highly desirable location with immediate access to Downtown Riverside, UC Riverside, entertainment venues (Fox Theater), shopping (Tyler Mall), and major freeways, enhancing convenience and potential for appreciation.
Functional & Open Layout: Features an open and inviting living room with a separate dining area and a pass-through kitchen with a breakfast bar, ideal for entertaining and modern living.
In-Unit Laundry: Includes a dedicated inside laundry room capable of accommodating a full-size washer and dryer, a significant convenience for condo living.
Spacious Primary Suite: Offers a large primary suite complete with a walk-in closet, private full bathroom, and additional storage, providing a comfortable retreat.
Broad Market Appeal: Positioned as an attractive option for diverse buyer profiles, including first-time homebuyers, those looking to downsize, or investors seeking a rental opportunity.

Cons

Property Age: Built in 1977, the unit may require updates to finishes, fixtures, or systems to meet contemporary buyer preferences, potentially incurring additional costs.
Monthly Association Fee: The $335 monthly association fee adds a recurring cost to homeownership, which could be a consideration for budget-conscious buyers.
Lack of Specific View: The property description indicates 'None' for views, which might be a drawback for buyers prioritizing scenic outlooks from their home.

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