24909 Madison Avenue 1324, Murrieta, California 92562, Murrieta, 92562 - 1 bed, 1 bath
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Murrieta, California 92562
This Move-In Ready Condominium is a High-Potential Investment Opportunity, listed at $315,000—positioned well above the $279,191 Fair Market Value by -12%. Featuring a Condition Rating of 3, the home includes a New HVAC System and New Water Heater. Residents enjoy resort-style amenities, including a pool and spa, and proximity to top-rated schools like Murrieta Valley High. This property offers a balanced lifestyle for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, well-located residence in Murrieta.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24909 Madison Avenue 1324 Subject | $315,000* List Price | 1 | 1 | 854 | $327 | - |
A 41410 Juniper 412 Sold | $394,000 | 2 | 2 | 1,159 | $340 | 0.1 mi |
B 24909 Madison 2412 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.1 mi |
C 24909 Madison 3113 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.1 mi |
D 24909 Madison 124 Sold | $375,000 | 2 | 2 | 1,159 | $324 | 0.1 mi |
E 41410 Juniper St 2-23 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.0 mi |
F 41410 Juniper Sold | $385,000 | 2 | 2 | 1,159 | $332 | 0.2 mi |
G 41410 Juniper 3014 Sold | $375,000 | 2 | 2 | 1,159 | $324 | 0.1 mi |
H 24909 Madison Avenue 824 Sold | $380,000 | 2 | 2 | 1,159 | $328 | 0.1 mi |
I 24909 Madison Ave 1323 Active | $299,000 List Price | 1 | 1 | 854 | $350 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property is exceptionally well-maintained and move-in ready. It features a brand-new HVAC system and water heater, addressing major systems. The interior has been updated with newer laminate wood flooring, and while the kitchen cabinetry and white appliances appear closer to the original build age, they are in functional, clean condition.
The property features a brand-new HVAC system and water heater, providing significant value and reducing the likelihood of immediate maintenance costs for the new owner.
With updated laminate wood flooring, modern appliances, and a versatile bonus flex space, this condo is well-maintained and ready for immediate occupancy.
Located in a gated community, residents have access to resort-style amenities including a pool, spa, and fitness center, along with the rare benefit of two dedicated parking spaces.
As a one-bedroom unit, the property appeals to a narrower market of singles or couples, which may limit the pool of potential buyers compared to multi-bedroom homes.
The second-floor location may be a drawback for buyers with mobility concerns or those who prefer the convenience of a ground-level entrance.
NEW HVAC System & NEW Water Heater - Upgraded and updated throughout!! Welcome to this move-in-ready second-floor condo in the exclusive gated community of Madison Park Villas, offering the perfect blend of comfort, style, and convenience. This charming 1-bedroom, 1-bath residence features a brand new HVAC system and water heater for added peace of mind. Inside, beautiful laminate wood flooring flows throughout, while the inviting living room showcases a cozy fireplace and sliding glass doors that open to a private balcony with peek-a-boo mountain views. The well-appointed kitchen offers ample cabinet space, modern appliances including a stove, microwave, and dishwasher, along with a breakfast nook and adjacent dining area ideal for everyday living. Just off the dining space, a versatile bonus room provides the perfect area for pantry storage, a walk-in closet, or additional flex space. The spacious primary bedroom features a ceiling fan and walk-in closet for comfort and functionality. Additional highlights include an in-unit laundry room, one covered carport space, and one additional open parking space. Residents of Madison Park Villas enjoy resort-style amenities including a sparkling pool, spa, clubhouse, and fitness center. Conveniently located near shopping, dining, and major freeways, this home offers both tranquility and everyday accessibility.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 3.0 |
| Square foot | 854 | 1,436 |
| Lot Size | - | 1,850.5 |
| Price | $315.0K | $477.9K |
| Price per sq ft | $369 | $337 |
| Built year | 2003 | 2005 |
| HOA | $300.0 | $325 |
| Days on market | 13 | 69 |
Jul 9, 2026
$315,000
Initial Listing
Dec 30, 2022
$335,000
Public Record
Jul 30, 2010
$78,000
Public Record
Dec 19, 2003
$156,500
Public Record