For sale

Listed by: IRN Realty • Yuan Hao Cheng • 626-322-2900

$250,000

1331 Massachusetts Ave APT 201, Riverside, CA 92507

1beds

604sqft

$2,236/mo

Get pre-qualified

Mixed Use

Built in 1986

661 Square Feet Lot

$249,300 Zestimate^®

$414/sqft

$459/mo HOA

What's special

Welcome to Palmilla! This bright and freshly updated 1-bedroom, 1-bath condo (604 sq ft) sits just 1.2 miles from UC Riverside — ideal for students, faculty, staff, or investors seeking a strong rental. Fresh interior paint and brand-new flooring throughout. The open living/dining area is light and airy, and the cozy bedroom offers a large closet. Assigned carport parking plus guest parking. Enjoy resort-style community amenities: sparkling pool and spa, fitness center, clubhouse, BBQ and picnic areas, playground, and gated entry. Minutes to UCR, shopping, dining, and the 60/215 freeways. Don't miss this turn-key opportunity in Riverside's University neighborhood!

32 days
1,177
56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Up

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer
Laundry: Common Area

Features

All Bedrooms Up
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total interior livable area: 604 sqft

Property

Parking

Total spaces: 0.5

Features

Levels: Two
Stories: 2
Entry location: 2
Pool features: Community, Association

Lot

Size: 661 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 250054073
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1986

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Water Sports, Pool

HOA

Has HOA: Yes
Amenities included: Pool
HOA fee: $459 monthly
HOA name: PalmillaMaintenanceAssociation
HOA phone: 951-682-1000

Location

Region: Riverside

Financial & listing details

Price per square foot: $414/sqft
Tax assessed value: $81,607
Date on market: 9/28/2026
Cumulative days on market: 32 days
Listing terms: Cash to New Loan,Conventional

Estimated market value

$249,300

$237,000 - $262,000

$1,805/mo

Price history

Date	Event	Price
9/30/2026	Listed for sale	$250,000+303.2%$414/sqft
Source: CRMLS #TR26211805 Report a problem
5/28/2010	Sold	$62,000-4.5%$103/sqft
Source: Public Record Report a problem
4/15/2010	Listed for sale	$64,900+3%$107/sqft
Source: Prudential California Realty #K10038929 Report a problem
3/5/2010	Sold	$62,999$104/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$81,607 +2%
2025	$942 +3.2%	$80,008 +2%
2024	$913 +0.4%	$78,440 +2%
2023	$909 +1.8%	$76,903 +2%
2022	$893 -0.5%	$75,396 +2%
2021	$897 +0.7%	$73,918 +1%
2020	$891 +1.8%	$73,161 +2%
2019	$875 +1.9%	$71,727 +2%
2018	$859 +1.7%	$70,322 +2%
2017	$844	$68,944 +2%
2016	$844 +8%	$67,593 +1.5%
2015	$782 +1%	$66,580 +2%
2014	$774	$65,278 +0.4%
2013	--	$64,986 +2%
2012	--	$63,713 +2%
2011	--	$62,465 -3.9%
2010	--	$65,000 -17.7%
2009	--	$79,000 -55.7%
2008	--	$178,500 +2%
2007	--	$175,000