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1315 Massachusetts 101, Riverside, California 92507, Riverside, 92507 - 1 bed, 1 bath

1315 Massachusetts 101, Riverside, California 92507 home-pic-0
ACTIVE$240,000
1315 Massachusetts 101, Riverside, California 92507
1Bed
1Bath
604Sqft
604Lot
Year Built
1986
Close
-
List price
$240K
Original List price
$240K
Price/Sqft
$397
HOA
$463
Days on market
-
Sold On
-
MLS number
TR25269201
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $240.0K(2th), sqft - 604(10th), beds - 1(39th), baths - 1(32th).

Discover an exceptional opportunity for the discerning homebuyer or investor. This serene and private 1-bedroom, 1-bath condo offers a thoughtfully designed layout enhanced by elegant granite countertops, laminate wood flooring, abundant storage, and a generously sized closet. Enjoy natural light throughout, with a charming sunlit patio that extends your living space outdoors. A spacious garage with additional storage adds convenience rarely found in similar homes. Located within the secure, beautifully maintained Palmilla community—less than five minutes from UCR—residents benefit from an impressive suite of amenities, including a sparkling pool, relaxing spa, recreation area, BBQ facilities, fitness center, laundry rooms, and more. With its prime location and exceptional value, this rare find is one you won’t want to miss.

Nearby schools

2/10
Highland Elementary School
Public,•PK-6•0.8mi
3/10
University Heights Middle School
Public,•7-8•0.2mi
5/10
John W. North High School
Public,•9-12•0.5mi

Price History

Date
Event
Price
12/02/25
Listing
$240,000
08/05/22
Sold
$241,000
08/27/12
Sold
$63,000
07/27/11
Sold
$63,000
10/12/06
Sold
$196,000
Condition Rating
Fair
The property was built in 1986, making it 38 years old. While the description mentions granite countertops and laminate wood flooring, which are updates, the visual evidence from the images suggests these updates are not recent or extensive enough to qualify for a 'Good' rating. The bathroom, in particular, features a dated one-piece tub/shower insert and cabinet style, indicating that while functional and clean, it shows signs of being outdated. The laminate flooring also appears to have some wear. The property is well-maintained and move-in ready, but its age and the style of its last significant updates align with the 'Fair' category, where major components are functional but show signs of being outdated, and minor updates or repairs would be beneficial for a modern aesthetic.
Pros & Cons

Pros

Prime Location: Strategically located less than five minutes from the University of California, Riverside (UCR), making it highly attractive for students, faculty, or as a rental investment.
Extensive Community Amenities: Residents benefit from an impressive suite of amenities including a sparkling pool, relaxing spa, recreation area, BBQ facilities, and a fitness center, enhancing lifestyle and value.
Private Garage with Storage: The property includes a spacious private garage with additional storage, a significant convenience and rare find for a 1-bedroom condo.
Modern Interior Finishes: Features elegant granite countertops, laminate wood flooring, abundant natural light, and a charming sunlit patio, offering a contemporary and comfortable living space.
Secure & Well-Maintained Community: Situated within the secure and beautifully maintained Palmilla community, providing peace of mind and a pleasant living environment.

Cons

Compact Unit Size: At 604 square feet with 1 bedroom and 1 bathroom, the unit's small footprint may limit appeal to a broader range of buyers, primarily suiting singles or couples.
High Monthly Association Fee: The monthly association fee of $463.0 is relatively high for a 1-bedroom condo, impacting overall affordability and potential investment returns.
Lack of Desirable Views: The property description indicates 'None' for views, which could be a drawback for buyers seeking scenic outlooks or premium visual appeal.

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