Sold for $1,100,000 on 02/21/24
Listing Provided by:
Robert Mendez DRE #01971883 951-283-5015,
Realty Masters & Associates
Bought with: THE WRIGHT ASSOCIATED COMPANIES
$1,100,000
1213 Center St, Riverside, CA 92507
4beds
1,704sqft
Mixed Use
Built in 1918
1.1 Acres Lot
$883,500 Zestimate®
$646/sqft
$3,279 Estimated rent
Home value
$883,500
$769,000 - $1.02M
$3,279/mo
Zestimate® history
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Owner options
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What's special
Great Opportunity to own a historic home on 1.1 ACRES! This is a RARE opportunity for you to own and operate a live-in property/Business on a main thoroughfare in the vastly growing Highgrove neighborhood of Riverside, CA. The front portion of the property is zoned C-P-S: Scenic Highway Commercial. With 2 driveway entrances, and an expansive STORAGE YARD that is FULLY PRIVATE, this property is ideal for a myriad of businesses such as: Contractor Businesses, Auto Repair, Autobody Shop, Trailer/Boat Storage, Equipment Rentals, Truck/Trailer Sales, Recycling Facilities, Tow-Yard, Vehicle Storage, etc etc! (Must verify with county Riverside on all permitted uses). This property is a staple of Riverside's History as the building was originally constructed in 1918 as a 1,704 SF residence with 4 bedrooms and 2 bathrooms, and is still in good condition, and has been a multigenerational property for the last 60 years. The house can be a Grandfathered residential use, making it ideal for a Live-in/Work Home Business with enough space for storage, and a back yard for the family to enjoy including a Pool that remains in good condition. The parcel is technically "split-zoned" with CPS zoning in the front, with R1 residential zoning in the rear. The residential zoned portion is wedged between commercially zoned properties on both sides, hence a permitted Zone-Change with the county of Riverside is highly likely, if you wish to do so. This property is also ideally located just seconds from the 215 FWY Offramp, and has approximately 17,000+ Cars Per Day along Center St, making for great visibility for potential customers. Whether you aspire to create a bustling retail center, establish offices, or craft a mixed-use development, the possibilities are endless here! Local New Developments Include: Pulte Homes is poised to build a proposed 846 NEW HOMES (Summit Canyon), and a proposed new Shopping Center called the HIGHGROVE TOWN CENTER just up on Center St. In addition, KB HOMES HAS ALREADY BEGUN their ambitious 785-acre master-planned community to construct approximately 1,400+ Upscale Homes, all of which are residents whom must drive by this subject property to get to Mt Vernon. Now is your time to Invest into the Path of Progress, and get in one one special property that can only go up from here. Buyer must verify any and all marketing information to satisfy themselves.
Zillow last checked: 8 hours ago
Listing updated: February 21, 2024 at 09:39am
Listing Provided by:
Robert Mendez DRE #01971883 951-283-5015,
Realty Masters & Associates
Bought with:
Thomas Gibson, DRE #01319085
THE WRIGHT ASSOCIATED COMPANIES
Source: CRMLS,MLS#: IG23180478
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Oven, Microwave
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,704 sqft
Property
Parking
- Total spaces: 2
- Parking features: Oversized, RV Access/Parking, One Space
- Garage spaces: 2
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: front gate
- Has private pool: Yes
- Pool features: In Ground, Private
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 1.10 Acres
- Features: Irregular Lot, Value In Land, Yard
Details
- Parcel number: 247042009
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Suburban, Sidewalks
Location
- Region: Riverside
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2024 | Sold | $1,100,000$646/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,595 +416.8% | $1,122,000 +435.5% |
| 2024 | $2,437 +0.7% | $209,521 +2% |
| 2023 | $2,420 +1.9% | $205,413 +266.9% |
Find assessor info on the county website
Neighborhood: 92507
Nearby schools
GreatSchools rating
- 6/10Highgrove Elementary SchoolGrades: K-6Distance: 0.7 mi
- 6/10University Heights Middle SchoolGrades: 7-8Distance: 2 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$883,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$883,500
