7419 7419 Olive Grove, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath

7419 7419 Olive Grove, Riverside, California 92507 home-pic-0
ACTIVE$495,000
7419 7419 Olive Grove, Riverside, California 92507
3Beds
3Baths
1,257Sqft
1,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction: Built in 2025, this townhome offers modern amenities, energy efficiency, and minimal immediate maintenance concerns, providing a move-in ready experience.
Top Cons:
Significant Monthly HOA Fee: A monthly association fee of $332.0 represents a notable recurring cost that adds to the overall housing expense.

Compared to the nearby listings

Price:$495.0K vs avg $524.2K ($-29,207)42%
Size:1,257 sqft vs avg 1,511.5 sqft25%
Price/sqft:$394 vs avg $34875%

More Insights

Built in 2025 (0 years old).
Condition: This property is brand new construction, built in 2025, meeting the highest standard for condition. The images showcase a modern kitchen with white cabinetry, granite countertops, and stainless steel appliances, along with updated bathrooms featuring contemporary fixtures and finishes. All flooring, light fixtures, and overall components appear new and in pristine condition, requiring no immediate maintenance or updates.
Year Built
2025
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$394
HOA
$332
Days on market
-
Sold On
-
MLS number
IG25233853
Home ConditionExcellent
Features
View-

About this home

Welcome to your dream townhome! This exceptional corner unit features 3 spacious bedrooms, a loft area, and 3 modern bathrooms, providing the perfect blend of comfort and style. With an open floorplan that seamlessly integrates living spaces, you'll love entertaining family and friends or simply enjoying serene evenings at home. Step outside to your inviting front patio, perfect for morning coffee or sunset relaxation. The convenience of this location is unmatched; you'll be just moments away from top-rated schools, quick access to highways, and an array of restaurants and shopping options. Plus, the vibrant and exciting downtown Riverside nightlife, filled with endless entertainment and cultural experiences. Don't miss the chance to make this beautiful 2025 townhome your own.

Condition Rating
Excellent

This property is brand new construction, built in 2025, meeting the highest standard for condition. The images showcase a modern kitchen with white cabinetry, granite countertops, and stainless steel appliances, along with updated bathrooms featuring contemporary fixtures and finishes. All flooring, light fixtures, and overall components appear new and in pristine condition, requiring no immediate maintenance or updates.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this townhome offers modern amenities, energy efficiency, and minimal immediate maintenance concerns, providing a move-in ready experience.
Corner Unit with Versatile Loft: As an exceptional corner unit, it likely benefits from increased natural light and privacy, complemented by a flexible loft area for additional living or workspace.
Open Concept Floorplan: The seamlessly integrated living spaces promote a modern lifestyle, ideal for entertaining and comfortable daily living.
Prime Location & Accessibility: Strategically located near top-rated schools, major highways, and a wide array of restaurants and shopping options, ensuring convenience for residents.
Vibrant Downtown Proximity: Enjoy easy access to the vibrant and exciting downtown Riverside nightlife, offering endless entertainment and cultural experiences.

Cons

Significant Monthly HOA Fee: A monthly association fee of $332.0 represents a notable recurring cost that adds to the overall housing expense.
Limited Private Outdoor Space: The 1000 sqft lot size, typical for a townhome, offers minimal private outdoor area beyond the front patio, which may not suit all buyers' needs.
Absence of Scenic Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic outlooks or panoramic vistas.

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