3535 Banbury Drive 88, Riverside, California 92505, Riverside, 92505 - 1 bed, 1 bath
3535 Banbury Drive 88
Riverside, California 92505
Property Price
SUMMARY
Analysis of 3535 Banbury Drive 88, Riverside, California 92505 is currently available with a list price of $320,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in-ready condition with several modern aesthetic updates, including laminate and tile flooring, elegant crown molding, and high ceilings. Although originally built in 1984, the interior shows evidence of recent maintenance and cosmetic renovations that align with the 'good' criteria. The kitchen and living areas appear well-maintained with no immediate repairs required, though the 40-year-old structure prevents an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The gated River Oaks community offers an extensive amenity package including a pool, spa, tennis courts, fitness center, and walking trails, providing high lifestyle value.
- Prime Commuter Location
Strategically located near the 91 freeway, Galleria Mall, and major shopping centers, this property offers exceptional convenience for professionals and shoppers alike.
- Move-In Ready Condition
The interior is well-maintained with modern laminate and tile flooring, elegant crown molding, and high ceilings that enhance the sense of space in this charming unit.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $382.34 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Limited Square Footage
At 685 square feet, the living space is compact, which may limit appeal for buyers seeking a home office or additional storage flexibility.
About 3535 Banbury Drive 88
Location, Location, Location!! Welcome to this charming and move-in-ready 1-bedroom, 1-bath condo in the desirable River Oaks Condominiums gated community. Enjoy laminate and tile flooring, elegant crown molding, high ceilings, a large bedroom with spacious walk-in closet, and a private balcony off the living room, perfect for relaxing. The community offers resort-style amenities including a pool, spa, B-B-Q area, tennis court, fitness center, and peaceful walking trails. Covered parking included. Prime location close to ALL!! 91 freeway, shops, schools, restaurants, entertainment, the Galleria Mall & Castle Park!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $382.34 / Month
Neighborhood Insights
Riverside Unified Schools
Myra Linn Elementary School
Grades K-5 • 1.1 mi
Liberty Elementary School
Grades PK-6 • 1.2 mi
Collett Elementary School
Grades PK-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 11% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 685 | 1,394 | 11% |
| Lot Size | - | 1,307 | 33% |
| Price | $320.0K | $430.0K | 11% |
| Price per sq ft | $467 | $345 | 89% |
| Built year | 1984 | 2003 | 33% |
| HOA | $382.34 | $300 | 56% |
| Days on market | 51 | 211 | 22% |
Pricing History
Listed for Sale
Jan 15, 2026
$320,000
Initial Listing
Sold
Mar 3, 2023
$282,000
Public Record
Sold
Jun 14, 2021
$210,000
Public Record
Sold
Apr 27, 2021
$155,000
Public Record
Sold
Oct 6, 2015
$135,000
Public Record
Sold
Sep 2, 2011
$59,000
Public Record
Sold
Aug 29, 2006
$224,000
Public Record