
Riverside, California 92506
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $300,000—positioned well below the $302,122 Fair Market Value by 0.7%. Featuring a Condition Rating of 3, this unit offers modern updates including wood-look flooring and renovated fixtures. The flexible floor plan, which includes a bonus room converted into two additional bedrooms, provides significant utility. With a private patio overlooking a peaceful courtyard, this property is an ideal fit for first-time buyers or Buy-and-Hold Investors seeking a functional, well-located asset in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6979 Palm Court Subject | $300,000* List Price | 2 | 2 | 1,234 | $245 | - |
A 6979 Palm Court 146n Sold | $305,000 | 2 | 1 | 1,026 | $297 | 0.0 mi |
B 6979 Palm Court 319f Sold | $287,500 | 2 | 2 | 1,102 | $261 | 0.0 mi |
C 6979 Palm Court Sold | $240,000 | 2 | 2 | 1,185 | $203 | 0.0 mi |
D 6979 Palm Court 234j Sold | $290,000 | 2 | 2 | 1,165 | $249 | 0.0 mi |
E 6979 Palm Court Sold | $306,000 | 3 | 2 | 1,235 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1959, the interior shows significant renovations likely within the 5-15 year range. The kitchen features updated white cabinetry and stainless steel appliances, bathrooms have modern vanities and fixtures, and the unit has contemporary wood-look flooring, making it move-in ready.
The unique conversion of a bonus room into two additional bedrooms significantly increases the unit's utility and appeal for larger families or rental potential.
Situated in a gated community with easy access to major freeways, shopping centers, and dining, offering excellent convenience for daily commuting and errands.
The unit features a large private patio overlooking a peaceful courtyard, providing a desirable indoor-outdoor flow and ample natural light.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1234, other record living area = 1005.
The monthly HOA fee of $521 is substantial relative to the listing price, which may deter budget-conscious buyers or impact overall financing qualification.
Originally constructed in 1959, the property may require ongoing maintenance or updates to systems and finishes to meet modern standards.
This is a fantastic opportunity for first-time home buyers to own a two-bedroom, two-bathroom condo located on the second floor of a secure, gated community. This unit has a 3rd room bonus that has been converted to two additional bedrooms. This condo offers a spacious living and dining area with wood-look flooring and large sliding glass doors in the living room opens to a large patio, allowing plenty of natural light to fill the space. The patio provides an ideal spot for relaxation and overlooks the peaceful courtyard. The unit also includes an indoor washer and dryer nook, adding to the overall convenience and comfort of the home. This condo is situated in a location that is close to shopping centers, restaurants, and provides easy access to the freeway, making daily commutes and errands convenient. Don’t let this wonderful opportunity pass you by.
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 | 1,234 | 1,143.641 |
| Lot Size | 1,307 | 1,329.769 |
| Price | $300.0K | $397.1K |
| Price per sq ft | $243 | $365 |
| Built year | 1959 | 1982 |
| HOA | $521.0 | $377 |
| Days on market | 6 | 58 |
Sep 3, 2026
$300,000
Initial Listing
Aug 5, 2022
$307,000
Public Record
Apr 15, 2005
$410,000
Public Record