3535 Banbury Dr 65, Riverside, California 92505, Riverside, 92505 - 2 bed, 2 bath
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Riverside, California 92505
This Turnkey Condominium is a Strong Value Opportunity, listed at $399,990—positioned slightly above the $394,179 Fair Market Value. Featuring a Mint Condition Rating due to a complete "down to the studs" renovation, this unit includes a new kitchen, updated bathrooms, and new HVAC. Residents enjoy a private patio, pool, gym, and tennis courts. While local school ratings vary, the property’s prime location near major retail and freeway access makes it a stable, low-maintenance asset. This is an ideal acquisition for first-time buyers or buy-and-hold investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3535 Banbury Dr 65 Subject | $399,990* List Price | 2 | 2 | 915 | $431 | - |
A 3535 Banbury 14 Sold | $310,000 | 1 | 1 | 685 | $453 | 0.0 mi |
B 3874 Polk Street F Sold | $420,000 | 2 | 2 | 1,211 | $347 | 0.6 mi |
C 3535 Banbury Drive 94 Active | $280,000 List Price | 1 | 1 | 685 | $409 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete 'down to the studs' renovation within the last 5 years, featuring a brand new kitchen with modern appliances, fully updated bathrooms, new flooring, and a new HVAC system, placing it in mint, move-in ready condition.
This unit has been meticulously rebuilt from the studs with high-quality upgrades, including new flooring, appliances, and AC systems, offering a completely move-in-ready experience.
The seller is offering concessions toward interest rate buy-downs or closing costs, providing significant financial relief and improved affordability for potential buyers.
The ground-floor location provides easy access and a private patio, complemented by two assigned parking spaces and community features like a pool, gym, and tennis courts.
Several assigned schools in the immediate area carry low ratings, which may be a deterrent for families and could impact long-term property appreciation.
At 915 square feet for a two-bedroom, two-bathroom layout, the interior space may feel somewhat constrained for buyers seeking larger living or storage areas.
Fully remodeled, ground-level 2 bed, 2 bath condo offering a great opportunity for both homeowners and investors. This unit has been taken down to the studs and thoughtfully rebuilt with quality upgrades throughout, including all new flooring, fresh paint, updated baseboards, and fully renovated bathrooms. The kitchen features brand new appliances, and the unit includes new AC systems for efficient year-round comfort. Enjoy easy ground-level access with a private patio that includes a dedicated laundry room with brand new washer and dryer. Comes with two assigned parking spaces for added convenience. Located in a well-maintained community featuring a pool, gym, and tennis courts, with HOA covering water, select exterior maintenance, and portions of the master insurance. Prime location near Tyler and Magnolia, close to shopping, dining, schools, and easy freeway access. Ideal for a buyer looking to move right in or an investor seeking a low-maintenance, turnkey rental with strong potential. Seller offering concessions toward interest rate buy down or closing costs. Don’t miss this move-in ready opportunity.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades PK-5 • 1.2 mi
Grades PK-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 915 | 1,394 | 22% |
| Lot Size | - | - | 50% |
| Price | $400.0K | $460.0K | 22% |
| Price per sq ft | $437 | $337 | 78% |
| Built year | 1984 | 2006 | 22% |
| HOA | $420.0 | $420 | 50% |
| Days on market | 14 | 142 | 11% |
May 30, 2026
$399,990
$424,990
-6% Price Drop
Initial Listing
May 23, 2026
$424,990
Initial Listing
Feb 10, 2011
$69,000
Public Record
Aug 28, 2007
$256,000
Public Record