$340,000
●
Condo -
Off Market
3096 Panorama Road #A
Riverside, CA 92506
2 Beds
2 Baths
1,023 Ft²
$2,056
Est. Monthly
$445
HOA / Fees
10.28%
Cap Rate
About This Property
Beautifully Upgraded single story 2 Bed / 2 Bath Condo in Prime
Riverside Location. Located in the highly sought-after Poly High
District. Just steps from Riverside City College (RCC), this
stunning 2 bedroom, 2 bathroom condo features a fully upgraded
interior with: Modern kitchen with quartz countertops and updated
appliances. Renovated bathrooms. Upgraded flooring throughout. Home
includes a newly installed Mini Split air system, with upgraded
windows. Private patio with gated entry. Situated in a
well-maintained gated community. HOA covers water, trash, sewer,
and landscaping. Enjoy peace of mind and convenience in one of
Riverside's most desirable neighborhoods-perfect for retirees,
students, professionals, or investors. Don't miss out on this
move-in ready home close to schools, shopping, dining, and freeway
access!
Unit Size
1,023 Ft²
Days on Market
32 days
Land Size
0.02 acres
Price per sqft
$321
Property Type
Condo
Property Taxes
-
HOA Dues
$445
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #CV25139933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Listed by KW VISION | $328,000 | |
| Listed by KW VISION | |||
| Aug 20, 2022 | No longer available | - | |
| No longer available | |||
| Aug 6, 2022 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Open Floorplan, Recessed Lighting, Bar, Walk-In Closet(s), SeparateFormalDiningRoom, LivingRoomDeckAttached, QuartzCounters, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer, WaterToRefrigerator
Flooring Type: Laminate
Laundry Features: Electric Dryer Hookup, In Kitchen, Stacked
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1023
Square Footage Source: $0
Security Features: Security Gate
Year Built Source: Builder
Year Built: 1963
Levels: One
Patio and Porch Features: Brick
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 871
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 871
Tax Lot: 24
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Trash, Water
HOA Fee: $445
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/06/2025
|
2 Bed
|
1 Bath
|
1023 ft²
|
$320,000
2 Bed
1 Bath
1023 ft²
|
$313,000
-2.19%
11/03/2025
|
LISA ANDRE
COLDWELL BANKER REALTY
| |
|
06/22/2025
|
2 Bed
|
2 Bath
|
1023 ft²
|
$328,000
2 Bed
2 Bath
1023 ft²
|
$340,000
+3.66%
07/24/2025
|
KYLE CLARK
KW VISION
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
1023 ft²
|
$299,900
2 Bed
2 Bath
1023 ft²
|
-
-
|
Nora De La Torre
Top Producers Realty
|
Building Info
About Magnolia Center
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$3,200 /mo
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$2,950 /mo
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Listed by: Kyle Clark, KW VISION
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV25139933
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV25139933
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