Open House
Sat Aug 08, 2:00pm - 4:00pm
Sun Aug 09, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $323
Subdivision Park Place Colllection Commnity Corporat
MLS Listing ID WS26172764
Bedrooms 4
Full Baths 3
HOA Fees $164/mo
HOA Y/N Yes
Year Built 2023
Lot Size 3,863 Sqft
Property Sub-Type Single Family Residence
Property Description
Designed with an airy open floor plan, the home features bright, modern living areas filled with abundant natural light and seamless spatial flow, ideal for daily family life, casual gatherings, and formal entertaining. A highly practical and sought-after layout highlight is the main-floor bedroom with a full bathroom, accommodating multi-generational living, remote work setups, or guest suites—a premium feature that sets this new construction home apart from competing properties in the neighborhood.
Boasting an unbeatable location, the residence sits just a 5-minute drive from UCR and vibrant Downtown Riverside, granting quick access to premier educational institutions, urban dining, retail destinations, and community parks. With direct proximity to major highways, it offers exceptional commute accessibility, amplifying residential desirability and rental demand year-round.
As a 2023 new build, the home incorporates modern construction standards, updated fixtures, and reliable structural integrity, eliminating immediate renovation costs and ensuring hassle-free occupancy. The gated community setting further enhances privacy, safety, and exclusive neighborhood appeal, solidifying its premium residential status.
From an investment perspective, this property stands out with a stable 5% gross rental yield, a benchmark return for Southern California residential assets. Thanks to its ultra-close proximity to UCR, the home enjoys strong, consistent rental demand from university students and faculty. Its spacious bedroom count and flexible floor plan are perfectly suited for student housing arrangements, easily driving higher-than-market rental returns and consistent cash flow. This low-maintenance new-build investment with steady tenant demand and impressive yield will not stay available long. Schedule your private showing today to secure this exceptional residential and investment opportunity.
Location
State CA
County Riverside
Area 252 - Riverside
Rooms
Main Level Bedrooms 1
Interior
Interior Features Loft, Walk-In Closet(s)
Cooling Central Air
Fireplaces Type Family Room
Fireplace Yes
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Dog Park, Park
Amenities Available Dock, Dog Park, Barbecue, Picnic Area, Playground
View Y/N Yes
View Mountain(s)
Total Parking Spaces 2
Private Pool No
Building
Lot Description 16-20 Units/Acre, Sprinklers In Front
Dwelling Type House
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Riverside Unified
Others
HOA Name Park Place Colllection Commnity Corporat
Senior Community No
Tax ID 207260032
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Special Listing Condition Standard
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