2565 Laramie, Riverside, California 92506, Riverside, 92506 - 3 bed, 3 bath
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Riverside, California 92506
Analysis of 2565 Laramie, Riverside, California 92506 is currently available with a list price of $618,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property underwent a comprehensive near-whole-house renovation in late 2024, featuring a fully remodeled kitchen with quartz countertops and KitchenAid appliances, three completely updated bathrooms, new plumbing, a new water heater, and updated electrical fixtures, meeting the criteria for a renovation less than 5 years old.
The property underwent an extensive near-whole-house renovation in late 2024, including a fully remodeled kitchen with quartz countertops, three updated bathrooms, new plumbing, and modern polished concrete floors.
Classified as a PUD rather than a condo, this home qualifies for all financing types while the HOA covers major exterior maintenance including the roof, painting, and front yard landscaping for a 'lock-and-leave' lifestyle.
Offering 2,030 square feet of living space on a single level, the home features high ceilings, abundant natural light, and three private patio areas, providing the feel of a larger detached residence.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At $535 per month, the association dues represent a significant recurring cost that may impact buyer affordability and debt-to-income ratios for financing.
While advertised as a three-bedroom home, the third room is a den/office conversion, which may not meet the privacy or closet requirements for buyers needing three traditional bedrooms.
VICTORIA AREA! - PRICE IMPROVEMENT! CASUAL CAREFREE LIVING! This 2,030 sqft single-story townhome with a 2-car attached garage offers a worry-free, lock it and leave it opportunity for you to spend your time enjoying your life without constant home maintenance and upkeep. Having undergone a near-whole-house-renovation in late 2024, this home is in move-in ready condition! The upgrades were numerous and include: a fully-remodeled kitchen featuring quality cabinets with pull-outs, farmhouse sink, quartz counters, tasteful glass tile backsplash, KitchenAid stainless appliances, new garbage disposal and faucet; a complete remodel of all three bathrooms including vanities, counters, toilets, floors and tile work in tub/shower; new plumbing; new lighting including new fixtures, recessed and ceiling fans; new electric switches and receptacles; new interior paint throughout; easy maintenance diamond ground and polished contemporary concrete floors; a new water heater; new gutters, downspouts and exterior drains; and more! Located in a small enclave of 45 homes in the desirable Palm Terrace Townhomes community off Victoria Avenue, the monthly HOA fee covers more than most HOAs including: insurance on the physical structure, the roof, exterior paint and most siding repairs, the pool and bathroom facilities, access to the RV lot, weekly front yard landscaping and front yard water, as well as maintenance of the common areas. This home offers high ceilings, vast amounts of interior open space, natural light throughout, a spacious living room with gas fireplace, large separate dining area adjacent to living room, and three private patio areas for outdoors relaxing. Built as a 2 bedroom with a den/office, the office could be used as a 3rd bedroom so is advertised as such. This community offers a nice mix of retirees, families and single-professionals and is conveniently close to everything including freeways, churches, schools, shopping and more! This home is a SFR/PUD not a CONDO, so qualifies for all financing! Don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,030 | 1,896 | 57% |
| Lot Size | 3,049 | 9,583 | 1% |
| Price | $618.0K | $720.8K | 24% |
| Price per sq ft | $304 | $384 | 8% |
| Built year | 1978 | 1964 | 63% |
| HOA | $535.0 | $0 | 99% |
| Days on market | 43 | 176 | 2% |
Apr 18, 2026
$618,000
$628,000
-2% Price Drop
Initial Listing
Mar 25, 2026
$628,000
$650,000
-3% Price Drop
Initial Listing
Mar 10, 2026
$650,000
Initial Listing
May 13, 2024
$610,000
Public Record
Nov 19, 2021
$515,000
Public Record
Feb 24, 2015
$315,000
Public Record
Jul 26, 1995
$145,000
Public Record