6979 Palm Court 319f, Riverside, California 92506, Riverside, 92506 - 2 bed, 2 bath
6979 Palm Court 319f
Riverside, California 92506
Property Price
SUMMARY
Analysis of 6979 Palm Court 319f, Riverside, California 92506 is currently available with a list price of $315,000. 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 due to extensive recent interior updates. The kitchen has been fully remodeled with modern grey shaker cabinets, granite countertops, and new stainless steel appliances. Both bathrooms feature updated vanities and fixtures. While the 1959 construction is evident in the popcorn ceilings and building exterior, the interior boasts newer vinyl plank flooring, fresh paint, and a newer water heater, fulfilling the criteria for a well-maintained, renovated living space.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Interior Renovations
The unit features a newly remodeled kitchen with granite countertops and new appliances, updated bathrooms, and fresh vinyl flooring, offering a turnkey move-in experience.
- Strategic Central Location
Ideally situated near the 91 Freeway, Riverside Plaza, and multiple major institutions including UCR, CBU, and Riverside Community Hospital, ensuring high demand for owners and tenants.
- Exceptional Outdoor Living
A large balcony overlooking the pool with triple-point access from both bedrooms and the living room provides unique indoor-outdoor flow rarely found in condo living.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1959, the building's overall infrastructure and common areas may require more frequent maintenance or face higher long-term repair costs compared to newer developments.
- High Monthly HOA Dues
At $446.42 per month, the association fees are a significant recurring expense that may impact the purchasing power and debt-to-income ratio for first-time buyers.
- Third-Floor Accessibility
Being located on the 3rd floor may pose a challenge for individuals with mobility issues or during the move-in process, particularly in older complexes where elevator speed or size may be limited.
About 6979 Palm Court 319f
Welcome to Magnolia Palms Community! A great single-level condo on the 3rd floor perfect for first-time homebuyers or investors. This spacious upgraded condo boosts 1102 SQFT, 2 bedrooms/2 remodeled bathrooms. Upon entry you'll be greeted with a bright spacious living room. New remodeled kitchen with Granite Countertop, New Cabinets, New Appliances. Additionally Newer Vinyl Flooring. Newer interior paint. Newer entrance door. Balcony floor newly painted. Newer Water Heater. Both Bedrooms and the Livingroom have access to the huge balcony through large glass sliding doors and overlooking the pool. The community amenities includes a pool, a spa, a secure gated entrance with remote access, and underground assigned parking with storage units. Sewer, water and trash paid by HOA. Community is centrally located near the 91 Freeway, Schools, Riverside Plaza, Tyler Mall, RCC, CBU, UCR, Riverside Community Hospital, Kaiser, Mt. Rubidoux, Mission Inn, and much more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1959
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $446.42 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,102 | 1,102 | 50% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $315.0K | $313.0K | 56% |
| Price per sq ft | $286 | $306 | 33% |
| Built year | 1959 | 1959 | 50% |
| HOA | $446.42 | $446 | 50% |
| Days on market | 134 | 157 | 22% |
Pricing History
Listed for Sale
Oct 24, 2025
$315,000
Initial Listing