
Riverside, California 92507
This Modern Turnkey Condominium is a Prime Investment Opportunity, listed at $475,000—positioned well below the $488,968 Fair Market Value by 2%. This valuation gap offers $13,968 in Instant Equity for the buyer. Featuring a 2024 Construction Date and a Mint Condition Rating, this end-unit includes a Private Backyard and a functional Tech Nook. Located within the Riverside Unified School District, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7276 Olive Grove Subject | $475,000* List Price | 3 | 3 | 1,286 | $380 | - |
A 7179 Olive Grove Street Sold | $500,000 | 3 | 3 | 1,337 | $374 | 0.1 mi |
B 19152 Chestnut Grove Court Sold | $461,990 | 2 | 2 | 1,121 | $412 | 0.1 mi |
C 19128 Chestnut Grove Court Sold | $468,261 | 2 | 2 | 1,121 | $418 | 0.1 mi |
D 19245 Sequoia Grove Sold | $449,990 | 2 | 2 | 1,192 | $378 | 0.1 mi |
E 20046 Red Rock Avenue Sold | $535,000 | 3 | 3 | 1,797 | $298 | 0.9 mi |
F 7419 Olive Grove Street Active | $482,500 List Price | 3 | 3 | 1,257 | $384 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was completed in 2024, making it brand new construction. It features modern kitchen finishes, brand new HVAC and electrical systems, and is in mint, move-in-ready condition with no maintenance required.
Completed in 2024, this home offers the latest in modern design and energy efficiency, providing a move-in-ready experience with contemporary finishes and a manufacturer-backed feel.
As an end-unit, the property benefits from increased natural light and enhanced privacy, featuring a rare private backyard that is a significant upgrade over standard interior condo units.
The floor plan is highly optimized for modern living, including a dedicated tech nook for remote work, an upstairs laundry area, and an open-concept great room perfect for entertaining.
With approximately 1,286 square feet distributed across three bedrooms, the individual room sizes and overall living space may feel restrictive for larger families or those with substantial furniture.
The monthly association fee of $352 represents a significant recurring expense that impacts overall monthly affordability and does not include the security of a gated entrance.
Welcome to this beautifully end-unit condo in the newly built Lennar community of HighGrove, completed in 2024. Offering 1,286 approx. square feet of thoughtfully designed living space, this home combines modern finishes, a functional floor plan, and the rare bonus of a private yard. The open-concept great room flows seamlessly into the bright kitchen, featuring crisp white cabinetry with sleek silver hardware, an electric range, built-in microwave, and plenty of counter space with island for everyday living and entertaining. A convenient pantry is located just across from the kitchen, while a downstairs half bath adds extra convenience for guests. Direct access to the attached two-car garage makes coming and going effortless. As an end-unit, this home enjoys added privacy and one of the community's most desirable outdoor spaces. The private backyard is perfect for pets, weekend barbecues, or simply relaxing outdoors. Best of all, you're just a short walk from the community pool. Olive Grove is a welcoming, non-gated neighborhood with additional guest parking available on a first-come, first-served basis. Upstairs, you'll find all three bedrooms along with a dedicated laundry area conveniently tucked away in its own private space. The spacious primary suite features a walk-in shower and a generous walk-in closet. Two additional bedrooms are located down the hall, along with a versatile tech nook complete with a window, creating the perfect spot for a home office, homework station, or reading area. Enjoy the benefits of newer construction, a desirable end-unit location, and a private outdoor retreat in this move-in-ready home that offers comfort, style, and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,286 | 1,165 |
| Lot Size | - | 1,229 |
| Price | $475.0K | $402.1K |
| Price per sq ft | $369 | $353 |
| Built year | 2024 | 1975 |
| HOA | $352.0 | $355 |
| Days on market | 15 | 67 |
Jul 7, 2026
$475,000
Initial Listing
Feb 14, 2025
$458,000
Public Record