9505 Arlington 77, Riverside, California 92503, Riverside, 92503 - 1 bed, 1 bath
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Riverside, California 92503
This property presents a High-Potential Investment Opportunity with a List Price of $284,888—positioned well below the $272,886 Fair Market Value by -4%. While the property requires modernization, its Fair Condition Rating and low $225 HOA fee make it a viable Value-Add Asset. Featuring 2 pools, 2 spas, and park views, the unit offers significant rental appeal for a compact living space. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Riverside market.
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is dated. While the exterior and community pool area appear well-maintained and functional, the lack of mentioned renovations suggests original kitchen/bath finishes and aging systems that likely require minor repairs or modernization.
Priced under $300,000, this property offers a highly accessible entry point for first-time buyers or investors looking for an affordable residential asset in Riverside.
The $225 monthly association fee is significantly lower than the regional average for condominiums, enhancing the property's overall affordability and monthly cash flow.
The unit features views of the park and greenbelt, providing a sense of tranquility and open space that adds value to the compact living environment.
At only 550 square feet, the interior living space is quite restrictive, which may limit furniture configurations and appeal primarily to single occupants.
Built in 1984, the property may require cosmetic or system updates to meet contemporary aesthetic standards and improve energy efficiency.
More Photos to come!! Low HOA Trash and water included. 2 pools and 2 spas. Charming neighborhood. FHA APPROVED!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 550 | 1,165 |
| Lot Size | - | 1,229 |
| Price | $284.9K | $402.1K |
| Price per sq ft | $518 | $353 |
| Built year | 1984 | 1975 |
| HOA | $225.0 | $355 |
| Days on market | 2 | 67 |
Jul 20, 2026
$284,888
Initial Listing
May 2, 2019
$196,000
Public Record
May 1, 2017
$64,000
Public Record
May 30, 2008
$105,000
Public Record
Mar 21, 1995
$35,500
Public Record