255 Iowa Ave, Riverside, CA 92507
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255 Iowa Ave Riverside, CA 92507

$349,990
  • -- Beds
  • -- Baths
  • 1,200 Sq.Ft.
For Sale
$349,990 Get Pre-Qualified

Map preview of 255 Iowa Ave, Riverside, CA 92507

Property Overview: 255 Iowa Ave Riverside, CA has -- bedrooms, -- bathrooms, 1,200 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing an exceptional investment opportunity in Riverside, CA! This 9147 square foot lot, currently with a residential single-family home, is zoned for commercial use, offering endless potential for various business ventures. Conveniently located just off the Center St exit of the 215 interstate highway, this flat lot boasts high visibility and easy access, making it an ideal location for commercial development. With utility services already in place, this property is primed for your entrepreneurial vision. Embrace the potential of this well-situated land and bring your business dreams to life in the thriving Riverside community.

Listed by DWAYNE SEAH | BRE #02150970 | COMPASS
Last checked: 13 minutes ago | Last updated: April 8th, 2024 | Source CRMLS | DOM: 117
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Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
IV23229859
City
Riverside
County
Riverside
Time on Site
122 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 255 Iowa Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Level, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 247020007
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Heading Northbound on the I-215, exit Center St, fork right and at Iowa make a Left.
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Sale History for 255 Iowa Ave

Last sold on October 26th, 2005
  • March, 2024

  • Mar 19, 2024

    Date

    Hold

    CRMLS: IV23230370

    $349,990

    Price

  • Dec 27, 2023

    Date

    Active

    CRMLS: IV23230370

    $349,990

    Price

  • Listing provided courtesy of CRMLS

    Explore the potential of this Riverside, CA property! Zoned as C-P-S (Commercial Scenic Highway) but approved for residential use, this single-family residence is perfect for an investor to rehab for residential, mixed-use, or commercial purposes. With an a existing single-family residence on the expansive 0.21 acre lot, this property is being sold as-is, presenting an exciting canvas for your next venture. Buyer to verify allowable use with the city.

  • December, 2023

  • Dec 26, 2023

    Date

    Active

    CRMLS: IV23229859

    $349,990

    Price

  • October, 2005

  • Oct 26, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2004

  • Jan 2, 2004

    Date

    Sold (Public Records)

    Public Records

    $4,595,000

    Price

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Tax History for 255 Iowa Ave

Assessed Value (2020): $87,770
Year Land Value Improved Value Assessed Value
2020 $69,845 $17,925 $87,770

Home Value Compared to the Market

This property vs the competition

255 Iowa Ave is listed 49.93% lower than the median list price for the city of Riverside which has a median list price of $699,000. The median price per/sqft for Riverside is $364 and this home is listed at $291.66 per/sqft which puts the price per square foot 19.87% lower than the median price per square foot for the city of Riverside.

About 255 Iowa Ave

Detailed summary of property

255 Iowa Ave is a mixed use located in Riverside, CA 92507 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 1,200 living square feet, and sits on an approximately 9,148 square foot lot. 255 Iowa Ave was first listed on ArdentRealEstateGroup.com on December 26, 2023. The homeowner is currently asking $349,990. The median priced home in Riverside is $699,000 with a median price per square foot of $364. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 49.93% lower than the median priced home. While the average home in Riverside, CA is selling in 48 days, 255 Iowa Ave has a days on market of 117 days. There are currently 650 homes for sale in the Riverside real estate market and 610 of them are single family homes while 34 of them are condos and 6 are townhomes. For more information on this home for sale at 255 Iowa 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 255 Iowa Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
9,147
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
47
APN
247-020-007

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
$659,990
Median List Price/Sq.Ft.
$359
Median Sold Price
$604,679
Median Sold Price/Sq.Ft.
$345
Total Inventory
120
Median Sale to List Price %
101.63%
Avg Days on Market
35
Loan Type
Conventional (65.52%), FHA (6.9%), VA (3.45%), Cash (20.69%), Other (3.45%)

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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.