5050 Canyon Crest 7, Riverside, California 92507, Riverside, 92507 - 2 bed, 2 bath
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Riverside, California 92507
This Single-Story End Unit Condo is a High-Potential Investment Opportunity, listed at $439,999—positioned well below the $450,245 Fair Market Value by 2%. This valuation gap provides $10,246 in Instant Equity for buyers. Boasting Dual Primary Suites and a Condition Rating of 3, the interior features high ceilings, updated appliances, and a 2-car garage. Located in the Riverside Unified School District near UC Riverside, this property offers mountain views and resort-style amenities. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5050 Canyon Crest 7 Subject | $439,999* List Price | 2 | 2 | 1,302 | $346 | - |
A 5050 Canyon Crest Drive 22 Sold | $490,000 | 2 | 3 | 1,299 | $377 | 0.1 mi |
B 1040 Central Avenue 14 Sold | $440,000 | 2 | 2 | 1,368 | $322 | 0.5 mi |
C 804 Daffodil Sold | $459,999 | 3 | 2 | 1,551 | $297 | 0.4 mi |
D 5555 Canyon Crest Drive 1f Sold | $400,000 | 2 | 2 | 1,368 | $292 | 0.6 mi |
E 5555 Canyon Crest 2g Active | $445,000 List Price | 2 | 2 | 1,124 | $396 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears exceptionally well-maintained. Although the 1986 architectural style is evident through the original oak cabinetry, tile countertops, and popcorn ceilings, the home has been updated with newer high-end stainless steel appliances and fresh-looking grey carpeting. The interior paint is clean, and the overall maintenance level suggests that major systems are functional, fitting the criteria for a well-maintained home that does not require immediate renovation.
The rare single-story layout features two spacious primary suites, providing exceptional privacy and versatility for multi-generational living or high-end rental opportunities.
Ideally situated near UC Riverside and Canyon Crest Towne Centre, this property offers residents convenient access to top-tier education, shopping, dining, and outdoor recreation.
As a desirable end unit, the home offers increased natural light and privacy, complemented by a full two-car garage and rare driveway parking.
The $354 monthly association fee represents a significant recurring expense that buyers must factor into their overall affordability and debt-to-income ratio.
While well-maintained, the 1986 construction may require additional capital investment for modern cosmetic updates to flooring or cabinetry to meet contemporary design trends.
RARE OPPORTUNITY to own a well-maintained single story end unit condo in a desirable community in Canyon Crest Riverside. This spacious 2-bedroom, 2-bath home offers DUAL PRIMARY SUITES with 1,302 sq ft of thoughtfully designed living space, featuring high ceilings and an open floor plan that creates a bright and inviting atmosphere. The kitchen is fully-functional and clean, featuring newer high-end appliances and a functional layout that flows seamlessly into the living and dining areas—ideal for both everyday living and entertaining. As an end unit, the home enjoys added privacy along with abundant natural light. Additional features include driveway parking, a full 2-car garage, and ample storage space. Located in a well-maintained community with a sparkling pool & spa, this home is ideally situated near UC Riverside, Canyon Crest Towne Centre, Sycamore Canyon Wilderness Park, and the Canyon Crest Country Club, offering convenient access to shopping, dining, recreation, and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,302 | 1,102 | 82% |
| Lot Size | 3,049 | - | 95% |
| Price | $440.0K | $390.0K | 66% |
| Price per sq ft | $338 | $364 | 29% |
| Built year | 1986 | 1982 | 58% |
| HOA | $354.0 | $385 | 42% |
| Days on market | 21 | 176 | 3% |
Apr 1, 2026
$439,999
Initial Listing
Jul 18, 2019
$350,000
Public Record
Apr 13, 2001
$133,000
Public Record
May 15, 1995
$120,000
Public Record