
Riverside, California 92506
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $319,500—positioned above the $291,033 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring recent refreshes like new flooring and paint. Its strategic location near UC Riverside and California Baptist University provides exceptional rental demand, while the comprehensive HOA simplifies ownership. This is a stable, low-maintenance asset ideal for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located home base.
Property is move-in ready.
Although built in 1963, the property is move-in ready and has been recently refreshed with new laminate flooring and paint. The kitchen and bathroom vanities appear to have been updated within the last 10-15 years with granite countertops and modern cabinetry. While some dated elements remain, such as popcorn ceilings and wall-mounted heating units, the overall condition is well-maintained and functional.
The property is ideally located near UC Riverside, Riverside City College, and California Baptist University, making it a prime choice for student housing or investment.
Recently refreshed with a bright and updated interior, this condo offers a turnkey solution for buyers looking to avoid immediate renovation costs.
The gated community's HOA fee covers water, trash, sewer, and exterior maintenance including the roof, providing predictable monthly expenses and low-maintenance living.
Built in 1963, the property may feature older plumbing or electrical systems that could require future attention despite recent cosmetic updates.
The $408 monthly association fee represents a significant recurring expense that may impact the overall affordability for budget-conscious buyers.
Welcome to 3068 Panorama Rd #C — an affordable, recently refreshed 2-bedroom, 2-bath condo in a secure gated community, perfectly positioned near three of Riverside's top schools: UC Riverside, Riverside City College, and California Baptist University. It's an ideal option for parents looking to provide their college-bound children with a stable, affordable home base throughout their school years, or for students ready to live close to campus on their own. Inside, you'll find a bright, move-in-ready interior with a clean, updated feel and a functional floor plan built for easy, low-maintenance living. This home suits a range of buyers — first-time homeowners, growing families, downsizers, or parents investing in their student's housing. The location is a major advantage: a walkable setting close to shopping, dining, and everyday essentials, plus quick access to major freeways for an easy commute anywhere in Riverside and beyond. The gated community adds privacy and peace of mind, and the HOA covers water, trash, sewer, exterior maintenance (including roof), and landscaping — keeping ownership simple and costs predictable. Don't miss this opportunity to own a freshly updated home in a secure, well-located community that combines comfort, convenience, and value! NOTE: Some photos are virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,023 | 1,165 |
| Lot Size | 871 | 1,229 |
| Price | $299.0K | $402.1K |
| Price per sq ft | $292 | $353 |
| Built year | 1963 | 1975 |
| HOA | $408.0 | $355 |
| Days on market | 28 | 67 |
Jul 8, 2026
$299,000
$319,500
-6% Price Drop
Initial Listing
Jun 24, 2026
$319,500
Initial Listing
Sep 12, 2018
$195,000
Public Record
Sep 29, 2010
$50,000
Public Record