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1201 University Ave, Riverside, CA 92507
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1201 University Ave Riverside, CA 92507

$60,000 Sold Price as of 11/15/2019
  • -- Beds
  • -- Baths
  • 1,250 Sq.Ft.
Sold
$60,000 Sold Price as of 11/15/2019 Refinance Your Mortgage
Map preview of 1201 University Ave, Riverside, CA 92507

Property Overview: 1201 University Ave Riverside, CA has -- bedrooms, -- bathrooms, 1,250 living square feet and 138,521 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Profitable NYC Style Pizzeria For Sale with an active license included to sell beer and wine. This very active pizza business has a very high traffic flow with 800-1200 college students and locals shopping in that area as well as attending the neighboring Movie Theater. Agreements in place with other businesses for guaranteed orders. This business currently has rotating 4-6 part time employees. This business has so much more opportunity to grow with a fresh owner or on site manager to assist with marketing. Owner is willing to provide some insight on increasing profitability immediately. Owner is very motivated to sell.

Listed by Eric Henry | BRE #01739295 | Active Realty
Co-listed by Monique Jansen | BRE #01735850 | Legacy Realty Partners
Last checked: 14 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 113

Home details

Lot Sq. Ft
138,521
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Sold
MLS#
IG19107349
City
Riverside
County
Riverside
Time on Site
1394 days

Property Details for 1201 University Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 250250032
  • Offered With Property: All equipment, furniture, and current inventory as of the day contracts are fully executed.
Location / Neighborhood
Location Information
  • Directions: Iowa Ave and University Ave in the University Village Center by the Regency University Village 10 Movie Theater
View more facts & features

Local Riverside Agent

Sale History for 1201 University Ave

Last sold for $60,000 on November 15th, 2019

  • May, 2021

  • May 20, 2021

    Date

    Expired

    CRMLS: AR20243529

    $58,000

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: AR20243529

    $58,000

    Price

  • Listing provided courtesy of CRMLS

    Established Cyber Cafe/ Esports Center adjacent to UCR, 30 computers. Existing CUP.

  • April, 2021

  • Apr 29, 2021

    Date

    Expired

    CRMLS: AR20228331

    $50,000

    Price

  • Apr 1, 2021

    Date

    Withdrawn

    CRMLS: AR20228331

    $50,000

    Price

  • Jan 18, 2021

    Date

    Price Change

    CRMLS: AR20228331

    $50,000

    Price

  • Oct 29, 2020

    Date

    Active

    CRMLS: AR20228331

    $30,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE TO SALE! Next to UC Riverside, great location, profitable business. Ideal for fast service food or drink place. If the buyer wanted to keep the same concept, the seller can give recipes for the noodles. Walk-in cooler and freezer, stoves, hood, and 3 sink washing station...Full kitchen ready to go!

  • November, 2019

  • Nov 15, 2019

    Date

    Sold

    CRMLS: IG19107349

    $60,000

    Price

  • Nov 15, 2019

    Date

    Pending

    CRMLS: IG19107349

    $80,000

    Price

  • Jul 2, 2019

    Date

    Price Change

    CRMLS: IG19107349

    $80,000

    Price

  • May 9, 2019

    Date

    Active

    CRMLS: IG19107349

    $100,000

    Price

  • February, 2016

  • Feb 24, 2016

    Date

    Sold (Public Records)

    Public Records

    $43,890,000

    Price

Show More

Tax History for 1201 University Ave

Assessed Value (2020): $14,336,812
Year Land Value Improved Value Assessed Value
2020 $2,998,336 $11,338,476 $14,336,812

Home Value Compared to the Market

This property vs the competition

1201 University Ave sold on November 15, 2019 for 88.15% lower than the current median sold price for the city of Riverside which is $675,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $64 per/sqft which puts the price per square foot 82.84% lower than the current median sale per square foot for the city of Riverside.

About 1201 University Ave

Detailed summary of property

1201 University Ave is a business that recently sold in Riverside, CA 92507. This business offered -- bedrooms, -- bathrooms, roughly 1,250 living square feet, and sits on an approximately 138,521 square foot lot. 1201 University Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $60,000. Home in Riverside are selling for a median price of $675,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 88.15% lower than the current median priced home. Local homes that are currently for sale include 376 S Main St, 536 Arrow Hwy and 515 W Valencia Dr. While the average home in Riverside, CA is selling in 48 days, 1201 University Ave has a days on market of 113 days. There are currently 681 homes for sale in the Riverside real estate market and 631 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 1201 University Ave Riverside, CA 92507 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 1201 University Ave

Public county record property details
Beds
--
Baths
--
Year built
1776
Sq. Ft.
--
Lot Size
138,520
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
250-250-032

The source for these homes facts are from public records.

92507 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,990
Median List Price/Sq.Ft.
$362
Median Sold Price
$699,000
Median Sold Price/Sq.Ft.
$334
Total Inventory
129
Median Sale to List Price %
100%
Avg Days on Market
35
Loan Type
Conventional (63.16%), FHA (10.53%), VA (0%), Cash (13.16%), Other (10.53%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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