
Riverside, California 92506
This Move-In Ready 2-Bedroom First-Floor Condominium is listed at $310,000, offering a stable and fair entry point compared to its $294,041 Fair Market Value. The residence maintains a high Condition Rating of 3, featuring modern Wood-Look Flooring, Granite Countertops, and a private Covered Patio with peaceful Courtyard Views. Located within the gated Magnolia Palms community, residents enjoy premium amenities including a pool and spa within the Riverside Unified School District with easy access to the 91 freeway. This property provides an accessible, low-maintenance lifestyle for first-time buyers or Owner-Occupants seeking a polished, turnkey transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6979 Palm Court 146n Subject | $310,000* List Price | 2 | 1 | 1,026 | $287 | - |
A 6979 Palm 331j Sold | $270,000 | 2 | 2 | 1,005 | $269 | 0.0 mi |
B 6979 Palm Court G124 Sold | $285,000 | 2 | 1 | 995 | $286 | 0.0 mi |
C 6979 Palm Court 104a Sold | $300,000 | 3 | 2 | 1,234 | $243 | 0.0 mi |
D 6979 Palm Court 202p Sold | $284,000 | 2 | 1 | 913 | $311 | 0.0 mi |
E 6979 Palm Court Sold | $306,000 | 3 | 2 | 1,235 | $248 | 0.0 mi |
F 6979 Palm Court 319f Active | $315,000 List Price | 2 | 2 | 1,102 | $286 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several modern updates that elevate it above a 'fair' rating despite its 1959 build date. The interior features consistent wood-look plank flooring, updated kitchen cabinetry with granite countertops, and a mix of stainless steel and white appliances. While some elements like the popcorn ceilings and specific backsplash style are slightly dated, the overall maintenance is high, and no immediate renovations are required for occupancy.
The unit offers convenient first-floor living with a practical open floor plan and a private covered patio, making it highly accessible and ideal for those avoiding stairs.
Located in the Magnolia Palms gated community, residents benefit from enhanced security and access to premium amenities including a pool, spa, and well-maintained courtyards.
Situated in a desirable Riverside zip code, the property provides excellent proximity to local shopping, dining, and major commuter routes, increasing its rental and resale appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 844. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1026, other record living area = 763. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only one bathroom serving two bedrooms, the layout may be less convenient for roommates or families compared to more modern 2-bedroom, 2-bath configurations.
The association fee of $411 per month is relatively high for this price point, which may impact the overall monthly affordability and debt-to-income ratios for potential buyers.
Welcome to Magnolia Palms, where first-floor living and a practical floor plan come together in a gated Riverside community. This 2-bedroom, 1-bath condominium offers a spacious living and dining area with wood-look flooring and large sliding glass doors leading to a covered patio with courtyard outlooks. The galley kitchen provides ample cabinetry, generous counter space, and a breakfast bar/pass-through that keeps the layout open to the main living area. Both bedrooms are well-proportioned and offer flexibility for everyday living, guest accommodations, or office use. Interior features also include ceiling fans, substantial storage, and a bathroom with built-in cabinetry and distinctive vanity design. Community amenities include pool and spa, with convenient access to nearby shopping, dining, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 1,026 | 1,130 | 50% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $310.0K | $308.0K | 50% |
| Price per sq ft | $302 | $304 | 50% |
| Built year | 1959 | 1959 | 50% |
| HOA | $411.0 | $443 | 25% |
| Days on market | 34 | 166 | 13% |
Mar 19, 2026
$310,000
Initial Listing
Jun 20, 2022
$257,000
Public Record
Jun 19, 2020
$180,000
Public Record
May 22, 2017
$115,000
Public Record