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4745 Hiers Ave, Riverside, CA 92505
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4745 Hiers Ave Riverside, CA 92505

$5,340,000
  • -- Beds
  • -- Baths
  • 18,100 Sq.Ft.
For Sale
$5,340,000 Get Pre-Qualified
Map preview of 4745 Hiers Ave, Riverside, CA 92505

Property Overview: 4745 Hiers Ave Riverside, CA has -- bedrooms, -- bathrooms, 18,100 living square feet and 40,697 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: Great Owner-User or Investment Opportunity! Very Rare Mixed Use Industrial/Commercial Property containing approximately 18,100 SF with Warehouse and Office Space. This Property also contains a Fully Private Outdoor Storage Yard that can be utilized as Vehicle/Equipment Storage or Owner can expand the building adding another 6,000 SF! The Property consists of 600 Amps 220/480v - 3 Phase Power, 2 Load Docks, 5 Ground Level Roll Up Doors, 6 Restrooms, New slurried asphalt, full building has been renovated inside and out, and a Gated Parking Lot containing 39spaces w/ wrought iron fencing. The Office Space is Flexible and may be used to lease to multiple tenants for additional Cash Flow or open up walls for more indoor storage space for your business. Property is zoned CG - General Commercial. Property is ideal for Auto Bodyshop-type Businesses, Vehicle Sales and Leasing, Medical/Dental Offices, E-Commerce, among many others. The Storm Channel to the rear of the site provides naturally added Security. Property is a few minutes from the 91 FWY and is located on the Western part of Riverside which continues to be one of the fastest growing cities in all of Southern California. Owner and Listing Agent do not guarantee any information and Buyer is to verify any and all information through proper due diligence to satisfy themselves.

Listed by Chenyao Hao | BRE #02093641 | AMERIWAY REALTY
Last checked: 5 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 47
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Home details

Lot Sq. Ft
40,697
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Warehouse
Status
Active
MLS#
CV24046342
City
Riverside
County
Riverside
Time on Site
57 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 4745 Hiers Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Common Interest: None
Property Information
  • Parcel Number: 146252006
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Hiers ave & hole ave
View more facts & features

Local Riverside Agent

Sale History for 4745 Hiers Ave

Last sold for $3,300,000 on January 27th, 2022

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: CV24046342

    $5,340,000

    Price

  • January, 2022

  • Jan 27, 2022

    Date

    Sold

    CRMLS: IG21230200

    $3,300,000

    Price

  • Oct 26, 2021

    Date

    Pending

    CRMLS: IG21230200

    $3,260,000

    Price

  • Listing provided courtesy of CRMLS

    Great Owner-User or Investment Opportunity! Very Rare Mixed Use Industrial/Commercial Property containing approximately 13,575 SF Warehouse Space and 4,525 SF Office Space that is just over 18k SF of building. This Property also contains a Fully Private Outdoor Storage Yard that can be utilized as Vehicle/Equipment Storage or Owner can expand the building adding another 6,000 SF! The Property consists of 600 Amps 220/480v - 3 Phase Power, 2 Load Docks, 5 Ground Level Roll Up Doors, 6 Restrooms, New slurried asphalt, and a Gated Parking Lot containing 39spaces w/ wrought iron fencing. A portion of the Warehouse is being used as a Hydroponics Storefront property for retail sales paying month-to-month. The Office Space is Flexible and may be used to lease to multiple tenants for additional Cashflow or open up walls for more indoor storage space for your business. Property is zoned CG - General Commercial. Property is ideal for Auto Repair-type Businesses, Vehicle Sales and Leasing, Medical/Dental Offices, E-Commerce, among many others. The Storm Channel to the rear of the site provides naturally added Security. Property is a few minutes from the 91 FWY and is located on the Western part of Riverside which continues to be one of the fastest growing cities in all of Southern California. Owner and Listing Agent do not guarantee any information and Buyer is to verify any and all information through proper due diligence to satisfy themselves.

  • March, 2021

  • Mar 2, 2021

    Date

    Sold

    CRMLS: DW21007916

    $1,800,000

    Price

  • Feb 23, 2021

    Date

    Pending

    CRMLS: DW21007916

    $1,900,000

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: DW21007916

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    Large retail property with individual office spaces. Each office can be rented out with great income. The only tenant is the Hydroponics Retail Store. Seller wants out. Must see to appreciate. Large warehouse space throughout. Loading doc

  • February, 2021

  • Feb 26, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

  • July, 2002

  • Jul 5, 2002

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

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Tax History for 4745 Hiers Ave

Assessed Value (2020): $701,866
Year Land Value Improved Value Assessed Value
2020 $185,395 $516,471 $701,866

Home Value Compared to the Market

This property vs the competition

4745 Hiers Ave is listed 668.35% higher than the median list price for the city of Riverside which has a median list price of $695,000. The median price per/sqft for Riverside is $364 and this home is listed at $295.03 per/sqft which puts the price per square foot 18.95% lower than the median price per square foot for the city of Riverside.

About 4745 Hiers Ave

Detailed summary of property

4745 Hiers Ave is a warehouse located in Riverside, CA 92505 and is currently for sale. This warehouse offers -- bedrooms, -- bathrooms, roughly 18,100 living square feet, and sits on an approximately 40,697 square foot lot. 4745 Hiers Ave was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $5,340,000. The median priced home in Riverside is $695,000 with a median price per square foot of $364. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 668.35% higher than the median priced home. Local competing homes currently for sale include 452 Victoria St, 13720 Valley Blvd and 12090 Whittier Blvd. While the average home in Riverside, CA is selling in 50 days, 4745 Hiers Ave has a days on market of 47 days. There are currently 648 homes for sale in the Riverside real estate market and 608 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 4745 Hiers Ave Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 4745 Hiers Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
34,848
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
6,7,8
APN
146-252-006

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$679,900
Median List Price/Sq.Ft.
$367
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$333
Total Inventory
56
Median Sale to List Price %
103.7%
Avg Days on Market
23
Loan Type
Conventional (52.63%), FHA (15.79%), VA (5.26%), Cash (26.32%), Other (0%)

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(714) 706-1823
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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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