7419 Olive Grove Street, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath
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7419 Olive Grove Street
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,257Sq Ft
1,100Lot Size
Property Price
LIST PRICE$469,500
EST. MARKET VALUE
$469,500
SUMMARY
This Stunning Move-In Ready Condominium is listed at $469,500, reflecting a stable price point aligned with its Fair Market Value. Built in 2025, the property boasts an Excellent Condition Rating and features a modern Granite Kitchen, energy-efficient 13.6 KW Franklin Battery, and a private Patio. Located in the Riverside Unified district, this end-unit offers a sophisticated lifestyle with community pool and spa access. It is the perfect fit for first-time buyers or owner-occupants seeking a high-tech, low-maintenance sanctuary in a prime Riverside location.
Estimated Market Value
$469,500
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7419 Olive Grove Street Subject | $469,500* List Price | 3 | 3 | 1,257 | $374 | - |
A 19253 Monticello Grove Way Sold | $496,990 | 3 | 3 | 1,257 | $395 | 0.1 mi |
B 7179 Olive Grove Street Sold | $500,000 | 3 | 3 | 1,337 | $374 | 0.1 mi |
C 7102 Olive Grove Street Sold | $485,000 | 3 | 3 | 1,567 | $310 | 0.1 mi |
D 7395 Olive Grove St Sold | $405,000 | 2 | 2 | 848 | $478 | 0.0 mi |
E 19152 Chestnut Grove Court Sold | $461,990 | 2 | 2 | 1,121 | $412 | 0.1 mi |
F 7276 Olive Grove Active | $475,000 List Price | 3 | 3 | 1,286 | $369 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features a modern kitchen with white shaker cabinets and granite counters, new energy-efficient systems including a Franklin battery and solar, and requires no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Energy Efficiency
Built in 2025, this home is equipped with a leased solar system, an EV charger, and a 13.6 KW Franklin Battery for power backup, offering significant utility savings and modern convenience.
- Premium End-Unit Layout
As an end unit with only one shared wall, the property provides enhanced privacy and features a versatile upstairs loft ideal for a home office or tech center.
- Turnkey Interior Finishes
The home is move-in ready with high-quality upgrades including manufactured hardwood floors, plantation shutters, granite countertops, and stainless steel appliances.
CONSRISKS & DEFICIENCIES
- Monthly Carrying Costs
In addition to the $352 monthly HOA fee, the property requires a $129 monthly solar lease payment, which increases the total fixed monthly cost of ownership.
- Market Stagnation
With 68 days on the market and three consecutive price reductions from the original $495,000, the property has faced challenges in securing a buyer at its initial price point.
About 7419 Olive Grove Street
Move in ready Highgrove Town Center Condo built in 2025 by Lennar Homes! This is an end unit with only 1 common wall featuring 3 bedrooms, a loft, and 2.5 bathroom! Downstairs features beautiful manufactured hardwood floors, plantation shutters & recessed light! Step saving modern kitchen w/white shaker cabinets, stainless steel appliances, granite counters, and open to your spacious living room! There's also a 1/2 bath (powder room) downstairs & access to your 2 car garage! Upstairs features: Primary bedroom & bathroom w/walk in closet & window shutters, and tub/shower combo! Two more secondary bedrooms upstairs, a nice size loft which would be perfect for office/tech center, and laundry room that includes the washer & dryer! Also upstairs is another full bathroom w/dual sinks & a tub/shower combo! This home has an EV Charger & a @13.6 KW Franklin Battery for back up during power outages, and a leased solar system in place & to help minimize your electricity costs with a locked in monthly lease payment of only $129/month! Community/HOA features included a gated pool & spa, BBQ area, and recreation room! Great location not far from Downtown Riverside and close to the 91/215 & 60 freeways! ***WIFI included in HOA***
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2025
- Lot Size
- 1,100 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $352.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,257 | 1,143.641 |
| Lot Size | 1,100 | 1,329.769 |
| Price | $469.5K | $397.1K |
| Price per sq ft | $374 | $365 |
| Built year | 2025 | 1982 |
| HOA | $352.0 | $377 |
| Days on market | 83 | 58 |
Pricing History
Listed for Sale
Jul 31, 2026
$469,500
$474,900
-1% Price Drop
Initial Listing
Price Change
Jul 18, 2026
$474,900
$482,500
-2% Price Drop
Initial Listing
Price Change
Jul 3, 2026
$482,500
$495,000
-3% Price Drop
Initial Listing
Price Change
Jun 18, 2026
$495,000
Initial Listing