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4061 Mission Inn Ave, Riverside, CA 92501
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4061 Mission Inn Ave Riverside, CA 92501

$760,000 Sold Price as of 02/19/2020
  • -- Beds
  • -- Baths
  • 4,600 Sq.Ft.
Sold
$760,000 Sold Price as of 02/19/2020 Refinance Your Mortgage
Map preview of 4061 Mission Inn Ave, Riverside, CA 92501

Property Overview: 4061 Mission Inn Ave Riverside, CA has -- bedrooms, -- bathrooms, 4,600 living square feet and 16,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to “King’s Court”! This lovely courtyard office complex was built in 1923 by Dr. Josiah R. King as an 8-unit residential complex. It is one of several bungalow court developments that sprung up in Riverside during a time when there was a high demand for housing. In the late '60s the units were converted to office space as medical offices. Today these buildings are zoned as office/commercial use. According to the Riverside City Planners office, buyers could apply for a conditional variance to have the properties be residential again. This process would take 4-8 months but could be an option if you’re interested in building new residential living in Downtown Riverside. Downtown Riverside is currently growing both physically and economically, and this property is centrally located close to restaurants, entertainment, and businesses Downtown. Currently, there are 4 buildings totaling approximately 4,600 square feet of usable space. There are separate electric and gas meters for each of the 4 buildings which are currently configured as 5 offices. The buildings could be divided into as many as 8 separate spaces with separate entrances for each space. The parking lot and detached garage are off an alleyway at the back of the lot. There are parking spaces for up to 12 cars if you tandem park and the garage has 3 spaces and two storage units. This is a great opportunity to get prime property in a fast-growing area of the city, the possibilities are endless.

Listed by CHARLOTTE MC KENZIE | BRE #01721257 | COLDWELL BANKER RES. BROKERAGE
Co-listed by ROBERT MC KENZIE | BRE #02049571 | COLDWELL BANKER RES. BROKERAGE
Last checked: 6 minutes ago | Last updated: January 20th, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
16,000
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Office
Status
Sold
MLS#
IV19287437
City
Riverside
County
Riverside
Time on Site
1395 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
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: --

Property Details for 4061 Mission Inn Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Exterior Features
Exterior Information
  • Has Fence
  • Average Condition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: Landscaped, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Sprinklers Drip System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 214211006
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: On Mission Inn Between Fairmount & Brockton
View more facts & features

Local Riverside Agent

Sale History for 4061 Mission Inn Ave

Last leased for $2,150 on January 19th, 2023

  • January, 2023

  • Jan 19, 2023

    Date

    Leased

    CRMLS: IV22259031

    $2,150

    Price

  • Dec 23, 2022

    Date

    Active

    CRMLS: IV22259031

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the Mission Bungalows! Completely restored historic 99 year old Spanish bungalows featuring modern amenities. Every 1 bedroom 1 bath unit has a full appliance package featuring gas stove, microwave, refrigerator, and washer & gas dryer, air conditioning and tankless water heater. Each unit faces the California native plant courtyard garden featuring a towering fountain. Relax on your front steps and enjoy the butterflies, bumblebees, and birds who visit this garden all throughout the day. Located at the back of the property is the common area and club house featuring a full kitchen and outdoor BBQ with sun shade lounging area. The property is completely fenced and parking access is controlled by electric gate. The parking area is well lit, and has carport parking with one assigned space per unit. Additional parking is available at a minimal monthly fee. Located directly across from Taco Station, just 2 blocks from the Fox Theater and the new library, 3 blocks from the Mission Inn, Food Lab, and the new Cheech Museum. There are only 8 units at this exclusive property. Private, well located, a can't miss opportunity to become one of the first new residents at The Historic Mission Bungalows Garden Courtyard Apartments. Schedule a tour. Stay for a while.

  • February, 2020

  • Feb 20, 2020

    Date

    Sold

    CRMLS: IV19287437

    $760,000

    Price

  • Feb 14, 2020

    Date

    Pending

    CRMLS: IV19287437

    $749,000

    Price

  • Jan 14, 2020

    Date

    Active Under Contract

    CRMLS: IV19287437

    $749,000

    Price

  • Jan 2, 2020

    Date

    Active

    CRMLS: IV19287437

    $749,000

    Price

  • February, 2020

  • Feb 20, 2020

    Date

    Sold

    CRMLS: IV20000606

    $760,000

    Price

  • Jan 28, 2020

    Date

    Pending

    CRMLS: IV20000606

    $749,000

    Price

  • Jan 14, 2020

    Date

    Active Under Contract

    CRMLS: IV20000606

    $749,000

    Price

  • Jan 2, 2020

    Date

    Active

    CRMLS: IV20000606

    $749,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2020

  • Feb 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • September, 1993

  • Sep 15, 1993

    Date

    Sold (Public Records)

    Public Records

    $133,899

    Price

Show More

Tax History for 4061 Mission Inn Ave

Assessed Value (2020): $174,651
Year Land Value Improved Value Assessed Value
2020 $167,074 $7,577 $174,651

Home Value Compared to the Market

This property vs the competition

4061 Mission Inn Ave sold on February 19, 2020 for 10.96% higher 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 $162.83 per/sqft which puts the price per square foot 56.35% lower than the current median sale per square foot for the city of Riverside.

About 4061 Mission Inn Ave

Detailed summary of property

4061 Mission Inn Ave is a office that recently sold in Riverside, CA 92501. This office offered -- bedrooms, -- bathrooms, roughly 4,600 living square feet, and sits on an approximately 16,000 square foot lot. 4061 Mission Inn Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $760,000. 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 10.96% higher than the current median priced home. While the average home in Riverside, CA is selling in 48 days, 4061 Mission Inn Ave has a days on market of 12 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 4061 Mission Inn Ave Riverside, CA 92501 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 4061 Mission Inn Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
14,810
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
10
APN
214-211-006

The source for these homes facts are from public records.

92501 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$639,000
Median List Price/Sq.Ft.
$355
Median Sold Price
$580,000
Median Sold Price/Sq.Ft.
$371
Total Inventory
27
Median Sale to List Price %
100.87%
Avg Days on Market
26
Loan Type
Conventional (55.56%), FHA (0%), VA (0%), Cash (22.22%), Other (22.22%)

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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