
Riverside, California 92507
This Prime Investment Opportunity is listed at a List Price of $425,000, positioned well below the $436,061 Fair Market Value by 2%. This valuation gap offers $11,061 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this unit offers a Granite Kitchen and unobstructed mountain views in a resort-style community. With its functional layout and proximity to UCR, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 375 Central Avenue 190 Subject | $425,000* List Price | 2 | 2 | 1,121 | $389 | - |
A 375 Central Avenue #14 Sold | $386,000 | 2 | 2 | 960 | $402 | 0.2 mi |
B 5050 Canyon Crest 7 Sold | $465,750 | 2 | 2 | 1,302 | $358 | 0.6 mi |
C 5424 Via Alberca Sold | $465,000 | 2 | 2 | 1,174 | $396 | 0.5 mi |
D 600 Central Avenue 332 Sold | $340,000 | 2 | 2 | 1,076 | $316 | 0.3 mi |
E 375 Central Avenue 78 Sold | $342,000 | 1 | 1 | 740 | $462 | 0.1 mi |
F 375 Central Avenue 10 Sold | $382,000 | 2 | 2 | 960 | $398 | 0.2 mi |
G 5050 Canyon Crest Drive 22 Sold | $490,000 | 2 | 3 | 1,299 | $377 | 0.5 mi |
H 375 Central 42 Active | $429,000 List Price | 2 | 2 | 1,121 | $383 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1997 (>20 years old), it has undergone significant recent cosmetic renovations that elevate it above 'Fair' condition. Updates include new laminate vinyl flooring, granite countertops, freshly painted cabinetry, and modernized black hardware and fixtures in the bathrooms. The unit appears well-maintained, functional, and move-in ready.
As a rare perimeter unit bordering the greenbelt, this ground-floor condo offers unobstructed views of the Box Springs Mountains and enhanced privacy compared to interior units.
The Sonata community provides an extensive amenity package including a gated entrance, pool, spa, gym, sauna, and tennis courts, significantly enhancing the property's lifestyle appeal.
At 1,121 square feet, this is one of the larger models available, featuring modern laminate flooring, granite countertops, and the high-demand convenience of an indoor laundry area.
The $420 monthly HOA fee represents a significant recurring cost that may impact buyer qualification and overall monthly affordability.
The kitchen's galley-style layout can feel narrow and lacks the open-concept flow often preferred by modern buyers for entertaining and social interaction.
Located within the Sonata community in the desirable sought-after Canyon Crest neighborhood of Riverside. This ground floor unit offers convenience, privacy and scenic surroundings as one of the rare perimeter units, it borders the greenbelt and provides unobstructed views of the Box Springs Mountains right from your window overlooking the canyon. It features 2 large bedrooms and 2 full bathrooms across 1,121 square feet as one of the larger models in the complex. The entry welcomes you to a bright and open living area with laminate vinyl flooring seamlessly combining the family and dining spaces with a warm, inviting feel. Natural light fills the home, creating a comfortable and airy atmosphere. A large sliding glass door invites you into the large private enclosed patio to enjoy fresh air and peaceful relaxing mornings or unwinding in the evening. The galley-style kitchen has granite countertops and freshly painted cabinets. A cozy dining area sits just off the kitchen, along with your own indoor laundry for everyday convenience. The primary suite features an ensuite bathroom, and a spacious walk-in closet with mirror door. A generously sized secondary bedroom completes the functional layout with a walk-in closet with mirror as well. There is additional storage in the hallway and on the patio. The Sonata at Canyon Crest offers resort-style amenities including a gated entrance, pool, spa, gym, sauna, tennis courts, and clubhouse. The community is pet-friendly and surrounded by beautifully maintained green spaces. Conveniently located near the University of California, Riverside, Canyon Crest Towne Centre, Sycamore Canyon Wilderness Park, dining, and major freeways, this home offers both comfort and accessibility. Whether you are considering your first home or your first rental, schedule your appointment today!
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 | 1,121 | 1,165 |
| Lot Size | - | 1,229 |
| Price | $425.0K | $402.1K |
| Price per sq ft | $379 | $353 |
| Built year | 1997 | 1975 |
| HOA | $420.0 | $355 |
| Days on market | 13 | 67 |
Jul 9, 2026
$425,000
Initial Listing
Nov 29, 2017
$240,000
Public Record
Jul 14, 2014
$205,000
Public Record
Oct 31, 2008
$207,000
Public Record
Aug 17, 2005
$206,500
Public Record
Aug 16, 2005
$277,000
Public Record