
Riverside, California 92507
This Condominium represents a Prime Investment Opportunity, listed at $330,000—positioned well below the $337,968 Fair Market Value by 2%. This valuation gap offers $7,968 in Instant Equity. Featuring a Condition Rating of 3, the unit includes an upgraded HVAC, dual-pane windows, and a private garage. Its proximity to UC Riverside ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-maintained asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 Central Avenue 346 Subject | $330,000* List Price | 1 | 1 | 822 | $411 | - |
A 600 Central Avenue 381 Sold | $300,000 | 1 | 1 | 822 | $365 | 0.1 mi |
B 375 Central Avenue 78 Sold | $342,000 | 1 | 1 | 740 | $462 | 0.2 mi |
C 600 Central Avenue 332 Sold | $340,000 | 2 | 2 | 1,076 | $316 | 0.1 mi |
D 375 Central Avenue 83 Active Under Contract | $339,000 List Price | 1 | 1 | 740 | $458 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1980 and features a dated galley kitchen, it is well-maintained and move-in ready. Significant recent improvements include an upgraded HVAC system, dual-pane windows, newer carpet, and a remodeled shower stall, which elevates the condition above 'Fair' despite the age of the cabinetry.
Situated in the desirable Canyon Crest neighborhood near UC Riverside, this property offers exceptional appeal for students, faculty, and investors seeking high rental demand.
Recent improvements including an upgraded HVAC system, dual-pane windows, and a remodeled shower stall provide enhanced energy efficiency and reduced immediate maintenance costs.
Unlike many condominiums, this unit includes a private single-car garage and soaring ceilings with a skylight, offering a sense of space and security rarely found in one-bedroom layouts.
The lack of in-unit laundry hookups requires residents to use shared community facilities, which may be a significant inconvenience for modern buyers.
The $405 monthly HOA fee is relatively high for a one-bedroom unit, which could impact the overall affordability and debt-to-income ratio for potential purchasers.
Peaceful Canyon Crest Living | Near UCR | Private Garage & Balcony. Welcome to the desirable Canyon Creek community, nestled within Riverside's sought-after Canyon Crest neighborhood. Tucked away in a peaceful and secluded area of the complex, this charming upper-level residence offers a rare combination of privacy, convenience, and natural beauty. Enjoy your morning coffee or unwind after a long day on your private balcony overlooking mature trees and natural surroundings, where the sounds of birds chirping create a truly tranquil setting. Inside, the home features a spacious living room with soaring ceilings, a generous dining area with picturesque views of nature, a functional galley kitchen, and abundant storage throughout. The oversized primary suite offers ample closet space and direct access to a well-appointed bathroom featuring tile flooring, a skylight, generous countertop space, and an updated shower enclosure. Recent improvements include dual-pane windows, newer carpet, an upgraded HVAC system, and a remodeled shower stall, providing comfort and peace of mind. Additional highlights include a private single-car garage, convenient access to nearby laundry facilities, and close proximity to one of the community's pools and spas. Canyon Creek residents enjoy access to three pools, two spas, a community park, beautifully maintained grounds, and HOA-covered trash service and common area maintenance. Ideally located just minutes from the University of California, Riverside, this property is an excellent option for students, faculty, staff, or investors seeking housing near campus. Convenient access to the 60 and 215 freeways places shopping, dining, and entertainment within easy reach, including Canyon Crest Towne Centre, Canyon Crest Country Club, and vibrant Downtown Riverside. Experience the perfect blend of serenity, convenience, and Canyon Crest living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 24% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 822 | 1,119 | 24% |
| Lot Size | 822 | - | 68% |
| Price | $330.0K | $382.5K | 26% |
| Price per sq ft | $401 | $362 | 76% |
| Built year | 1980 | 1982 | 42% |
| HOA | $405.0 | $394 | 53% |
| Days on market | 7 | 154 | 3% |
Jun 9, 2026
$330,000
Initial Listing
Jun 10, 2009
$66,000
Public Record
Oct 14, 2005
$410,000
Public Record
Jul 30, 1999
$62,272
Public Record