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407 Iowa Ave, Riverside, CA 92507
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407 Iowa Ave Riverside, CA 92507

$1,750,000
  • -- Beds
  • -- Baths
  • 4,536 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified
Map preview of 407 Iowa Ave, Riverside, CA 92507

Property Overview: 407 Iowa Ave Riverside, CA has -- bedrooms, -- bathrooms, 4,536 living square feet and 75,794 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: This property consist of one parcel located right on Iowa Ave . It has two separate buildings. The first building -407 Iowa Ave-is operating as fast food restaurant (2152sqf). The second building -421 Iowa Ave - has two units (2384sqf). One was a bakery, and the other was a barber shop. The land is all flat and fenced in with one common wall. Total area is 1.74 Acres. This property is ready for an owner operator or an investor to take it to the next level with lots of potential.

Listed by SHAKER MOHAMMAD | BRE #01737829 | A ONE PLUS REALTY INCORPORATED
Last checked: 7 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 89
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Home details

Lot Sq. Ft
75,794
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Retail
Status
Active
MLS#
IV24114920
City
Riverside
County
Riverside
Time on Site
95 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
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: --

Open Houses for 407 Iowa Ave

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Property Details for 407 Iowa Ave

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 247081020
  • Year Built Source: Appraiser
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 215 to Center St to Iowa Ave
View more facts & features

Local Riverside Agent

Sale History for 407 Iowa Ave

Last sold for $256,000 on February 29th, 1996

  • June, 2024

  • Jun 14, 2024

    Date

    Active

    CRMLS: IV24114920

    $1,750,000

    Price

  • February, 1996

  • Feb 29, 1996

    Date

    Sold (Public Records)

    Public Records

    $256,000

    Price

Show More

Tax History for 407 Iowa Ave

Assessed Value (2020): $405,821
Year Land Value Improved Value Assessed Value
2020 $190,100 $215,721 $405,821

Home Value Compared to the Market

This property vs the competition

407 Iowa Ave is listed 153.62% higher than the median list price for the city of Riverside which has a median list price of $690,000. The median price per/sqft for Riverside is $373 and this home is listed at $385.8 per/sqft which puts the price per square foot 3.43% higher than the median price per square foot for the city of Riverside.

About 407 Iowa Ave

Detailed summary of property

407 Iowa Ave is a retail located in Riverside, CA 92507 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 4,536 living square feet, and sits on an approximately 75,794 square foot lot. 407 Iowa Ave was first listed on ArdentRealEstateGroup.com on June 15, 2024. The homeowner is currently asking $1,750,000. The median priced home in Riverside is $690,000 with a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 153.62% higher than the median priced home. Local competing homes currently for sale include 425 E 4th St #A, 5630 S Central Ave and 11034 S Western Ave. While the average home in Riverside, CA is selling in 53 days, 407 Iowa Ave has a days on market of 89 days. There are currently 791 homes for sale in the Riverside real estate market and 727 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 407 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 407 Iowa Ave

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
--
Lot Size
75,794
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
54
APN
247-081-020

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
$658,000
Median List Price/Sq.Ft.
$359
Median Sold Price
$656,089
Median Sold Price/Sq.Ft.
$373
Total Inventory
158
Median Sale to List Price %
100.95%
Avg Days on Market
34
Loan Type
Conventional (62.07%), FHA (13.79%), VA (0%), Cash (6.9%), Other (17.24%)

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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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