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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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    $6,980/mo

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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#: IG23180478MLS LogoOriginating 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

    DateEventPrice
    2/21/2024Sold$1,100,000$646/sqft
    Source: CRMLS #IG23180478

    Public tax history

    YearProperty taxesTax 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
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    Estimated market value

    $883,500

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    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