$520,000
$625,000
16.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,876 SqFt
SOLD DATE : 01/02/2025
Key Details
Sold Price $520,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $277
MLS Listing ID IG24191305
Sold Date 01/02/25
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1995
Lot Size 7,840 Sqft
Property Description
Investor Opportunity: Historic Property in Downtown Riverside!
Located in the heart of Riverside's historic downtown district, this property offers a remarkable opportunity for investors seeking a project in one of the city's most vibrant neighborhoods. Surrounded by Riverside's unique blend of cultural heritage, this property stands ready for transformation into a high-yield asset. Generously sized rooms with high ceilings and large windows, allowing for ample natural light. Original architectural details, including doors, knobs, lighting and trim, ideal for a period-accurate restoration. Flexible floor plan with the potential for creative reconfiguration to maximize rental income, whether as multi-unit residences, office spaces, or a mixed-use development. Detached garage offers additional storage or could be renovated for more functional space. This property is an ideal investment for those looking to tap into Riverside's dynamic growth. Don't miss out on bringing this property back to life in one of Riverside's most desirable areas!
Location
State CA
County Riverside
Area 252 - Riverside
Zoning RO
Rooms
Main Level Bedrooms 1
Interior
Interior Features All Bedrooms Up, Entrance Foyer, Galley Kitchen
Heating Central
Cooling See Remarks
Fireplaces Type Den
Fireplace Yes
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Suburban, Sidewalks
View Y/N No
View None
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Riverside Unified
Others
Senior Community No
Tax ID 215231012
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Trust
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Bought with Roger Zelaya • Fiusion Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "