24909 Madison Ave 1323, Murrieta, California 92562, Murrieta, 92562 - 1 bed, 1 bath
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Murrieta, California 92562
This Strategic Residential Asset is offered at a List Price of $330,000, representing a stable entry point into the competitive Murrieta market. The End-Unit Condominium holds a Condition Rating of 4, featuring a well-maintained 854 sqft interior with Mountain Views and a private balcony. Located in the prestigious Murrieta Valley High School district, the property offers resort-style amenities including a pool, spa, and fitness center. With a tenant secured until September 2026, this property provides immediate portfolio stability. It is an ideal acquisition for Buy-and-Hold Investors or Patient First-Time Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24909 Madison Ave 1323 Subject | $330,000* List Price | 1 | 1 | 854 | $325 | - |
A 41410 Juniper Street 2723 Sold | $386,000 | 2 | 2 | 1,159 | $333 | 0.1 mi |
B 24909 Madison Avenue #2224 2224 Sold | $385,000 | 2 | 2 | 1,159 | $332 | 0.2 mi |
C 24909 Madison Avenue 1324 Active | $339,000 List Price | 1 | 1 | 854 | $397 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this property is well-maintained but remains largely in its original condition. While the living area features updated laminate flooring, the kitchen and bathroom show significant signs of being outdated with builder-grade oak-style cabinetry, vinyl flooring, and original white appliances, including a coil-top range. It meets the criteria for 'fair' as it is functional and aged through regular upkeep but lacks recent modern renovations.
Located within a secure gated community, the property offers high-end amenities including a sparkling pool, spa, and fitness center, providing a premium lifestyle for residents.
As an end-unit, this home features increased natural light and enhanced privacy compared to interior units, complemented by a spacious open-concept floor plan and private balcony.
The property is ideally situated near major freeways and shopping centers, and benefits from access to top-rated schools, including Murrieta Valley High School.
The property is currently tenant-occupied until September 2026, which may deter owner-occupant buyers looking for immediate residency.
The monthly association fee of $380 represents a significant ongoing carrying cost that could impact the debt-to-income ratio for entry-level buyers.
Welcome to this charming 1-bedroom, 1-bathroom End-Unit located in a desirable gated community. This light-filled home features an open-concept layout with a spacious living area, private balcony, and a well-appointed kitchen with ample cabinetry and counter space. The generously sized bedroom offers comfort and privacy, complemented by a large walk-in closet and convenient in-unit laundry. Enjoy resort-style amenities including a sparkling pool, spa, fitness center, and meticulously maintained grounds. Perfectly situated near shopping, dining, and major freeways, this home is ideal for first-time buyers, investors, or anyone seeking low-maintenance living in a prime location. Don’t miss this opportunity to own in one of Murrieta’s most sought-after communities! Currently tenant occupied until September 2026
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 3.0 | 3% |
| Square foot | 854 | 1,428 | 3% |
| Lot Size | - | 0.01 | 49% |
| Price | $330.0K | $475.0K | 3% |
| Price per sq ft | $386 | $341 | 78% |
| Built year | 2003 | 2005 | 30% |
| HOA | $380.0 | $355 | 76% |
| Days on market | 36 | 153 | 3% |
Mar 17, 2026
$330,000
Initial Listing
Dec 14, 2015
$142,000
Public Record
Dec 19, 2003
$156,500
Public Record