1445 University Ave Riverside, CA 92507

$3,130,000 Sold Price as of 02/14/2019

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$3,130,000 Sold Price as of 02/14/2019 Refinance Your Mortgage

Map preview of 1445 University Ave, Riverside, CA 92507

Property Overview: 1445 University Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 45,302 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1445 University Ave is currently an off market home in the city of Riverside. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Riverside has a median list price of $689,990. The median price per/sqft for Riverside is $367. With those numbers in mind, if you are looking to purchase a median priced home in Riverside, CA and put 20% down you will need to save up $137,998 for the down payment and will need roughly $13,800 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Riverside the commission could be as much as $33,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1445 University Ave

Last sold for $3,130,000 on February 15th, 2019

February, 2024
Feb 1, 2024

Date

Expired

CRMLS: OC23181624

$3,950,000

Price
Sep 28, 2023

Date

Active

CRMLS: OC23181624

$3,950,000

Price
Listing provided courtesy of CRMLS

Great location walking distance to UC Riverside, zoned for mixed use to allow 75 feet tall and 5 stories building. 7450 sq ft building locate on 1.04 acres lot. Great property for EB5 visa investment. The 60, 215 & 91 freeway are easily accessible. Please verify with city for any potential use.

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September, 2022
Sep 1, 2022

Date

Expired

CRMLS: OC22144302

$3,800,000

Price
Jul 11, 2022

Date

Active

CRMLS: OC22144302

$3,800,000

Price
Listing provided courtesy of CRMLS

Large open lot within walking distance to UC Riverside. City support for potential development including mixed use properties. Highly desirable location for student housing and businesses.

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July, 2021
Jul 6, 2021

Date

Canceled

CRMLS: IV21134198

$599,000

Price
Jun 21, 2021

Date

Active

CRMLS: IV21134198

$599,000

Price
Listing provided courtesy of CRMLS

With over one acre of land and located on University Ave., this property offers an excellent opportunity for investment and development. Zoned C3 and within close proximity to the college and housing. University Ave is a highly traveled street. This is the former site of the Mandarin Garden Restaurant. All utilities are at the street and available. The property is being sold under Court Order in a Receivership action and is subject to court approval of the sale. The property is As-Is and the buyer is responsible for ALL diligence.

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February, 2019
Feb 25, 2019

Date

Sold

CRMLS: TR18071430

$3,130,000

Price
Aug 28, 2018

Date

Active Under Contract

CRMLS: TR18071430

$3,299,888

Price
Mar 29, 2018

Date

Active

CRMLS: TR18071430

$3,299,888

Price
Listing provided courtesy of CRMLS

Walking distance to UCR (University of California Riverside). 7450 square feet restaurant building on more than 1 acre lot. 79 parking spaces. Zoned C3, potential mixed use. Can build 5 stories and up to 75 feet. Please check with city for potential use.

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February, 2019
Feb 14, 2019

Date

Sold (Public Records)

Public Records

$3,130,000

Price
February, 2019
Feb 14, 2019

Date

Sold (Public Records)

Public Records

--

Price
August, 2018
Aug 24, 2018

Date

Canceled

CRMLS: TR18050609

$10,000

Price
Mar 9, 2018

Date

Active

CRMLS: TR18050609

$10,000

Price
Listing provided courtesy of CRMLS

Great location walking distance to UC Riverside. Free standing building. A highly desirable location in Riverside, 7450 sq ft building locate on 1.04 acres lot with 79 parking spaces. It is especially perfect for a nationally recognized restaurant. The 60, 215 & 91 freeway are easily accessible, and so are shopping centers, restaurant, school, golf and recreation area, old town Riverside.

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November, 2017
Nov 1, 2017

Date

Expired

CRMLS: TR17163142

$2,950,000

Price
Jul 17, 2017

Date

Active

CRMLS: TR17163142

$2,950,000

Price
Listing provided courtesy of CRMLS

Great location walking distance to UC Riverside, zoned for mixed use to allow 75 feet tall and 5 stories building. 7450 sq ft building locate on 1.04 acres lot. Great property for EB5 visa investment. The 60, 215 & 91 freeway are easily accessible. Please verify with city for any potential use.

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Tax History for 1445 University Ave

Assessed Value (2020): $3,192,600

Year	Land Value	Improved Value	Assessed Value
2020	$1,020,000	$2,172,600	$3,192,600

About 1445 University Ave

Detailed summary of property

1445 University Ave is categorized with a use code of Commercial (General) in Riverside, CA 92507 and last sold on February 14, 2019 for $3,130,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 45,302 square foot lot. Homes 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 363.7% higher than the current median priced home. 1445 University Ave was last sold on February 14, 2019 for $3,130,000. Local nearby listings include 2439 Bunche Pl, 5050 Canyon Crest Dr #22 and 2010 Rincon Ave. The average home in Riverside, CA is selling in 48 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. If you are the homeowner and looking to sell the home at 1445 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 1445 University Ave

Public county record property details

Beds: --
Baths: --
Year built: 1979
Sq. Ft.: --
Lot Size: 45,302
Stories: 1

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 3
APN: 250-190-029

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

$670,392

Median List Price/Sq.Ft.

$364

Median Sold Price

$699,000

Median Sold Price/Sq.Ft.

$334

Total Inventory

139

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (63.16%), FHA (10.53%), VA (0%), Cash (13.16%), Other (10.53%)

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