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485 Rivera St #A, Riverside, CA 92501
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485 Rivera St #A Riverside, CA 92501

$1,316,000 Sold Price as of 06/13/2023
  • -- Beds
  • -- Baths
  • 5,856 Sq.Ft.
Sold
$1,316,000 Sold Price as of 06/13/2023 Refinance Your Mortgage
Map preview of 485 Rivera St #A, Riverside, CA 92501

Property Overview: 485 Rivera St #A Riverside, CA has -- bedrooms, -- bathrooms, 5,856 living square feet and 4,478 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 485 Rivera St, Unit A is an industrial condo consisting of approximately +/-5,856 square feet of both Warehouse and Office Space. The unit features a 14-foot clearance roll-up door, additional Showroom, Conference Room, Break Room, 3 Restrooms, and Multiple Offices making it very versatile for operating several Businesses types. The location of the complex is highly accessible, with easy access to major transportation routes, including the 91, 215, and 60 freeways. The property also comes with Fire Sprinklers, an advanced security system, and a robust electrical service of 600 amps/277 - 480v 3 phase power. Ownership spent upwards of $150k in upgrades in 2020, including 600 SF addition to the original floorplan, which was all done professionally and up to code (hence tax records showing 5,256 SF). Unit A is conveniently fronting the cul-de-sac on the street for additional Street Parking, along with Exclusive Parking Spaces right in front of the entrance. Ownership's business will vacate the property officially by 08/01/2023 allowing an investor to select a new Tenant at Market Rate and preferred Terms, OR, a perfect opportunity for a User to grow their wealth and operate their own facility. The complex is professionally managed by Marwest Commercial with a fee of $345/month. Buyer's and Brokers to due their own Due Diligence to satisfy themselves as to the validity of any and all marketing information.

Listed by Robert Mendez | BRE #01971883 | Realty Masters & Associates
Last checked: 12 minutes ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
4,478
HOA Dues
$0/mo
Year built
2008
Garage
--
Property Type:
Industrial
Status
Sold
MLS#
IG23074776
City
Riverside
County
Riverside
Time on Site
347 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: --

Property Details for 485 Rivera St #A

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • None
Interior Features
  • Security Features: Fire Sprinkler System, Security System
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot, Zero Lot Line
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Parcel Number: 178361001
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Turn onto Rivera st, property is on your left
View more facts & features

Local Riverside Agent

Sale History for 485 Rivera St #A

Last sold for $1,316,000 on June 13th, 2023

  • June, 2023

  • Jun 13, 2023

    Date

    Sold

    CRMLS: IG23074776

    $1,316,000

    Price

  • May 4, 2023

    Date

    Active

    CRMLS: IG23074776

    $1,464,000

    Price

  • February, 2016

  • Feb 11, 2016

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

  • October, 2015

  • Oct 2, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 485 Rivera St #A

Assessed Value (2020): $622,395
Year Land Value Improved Value Assessed Value
2020 $129,890 $492,505 $622,395

Home Value Compared to the Market

This property vs the competition

485 Rivera St #A sold on June 13, 2023 for 116.89% 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 $250 per/sqft which puts the price per square foot 32.98% lower than the current median sale per square foot for the city of Riverside.

About 485 Rivera St #A

Detailed summary of property

485 Rivera St #A is a industrial that recently sold in Riverside, CA 92501. This industrial property offered -- bedrooms, -- bathrooms, roughly 5,856 living square feet, and sits on an approximately 4,478 square foot lot. 485 Rivera St #A was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,316,000. 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 116.89% higher than the current median priced home. Local homes that are currently for sale include 1145 S Ford Blvd, 2417 S San Pedro St and 5929-5931 Avalon Blvd. While the average home in Riverside, CA is selling in 48 days, 485 Rivera St #A has a days on market of 15 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 485 Rivera St #A Riverside, CA 92501 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 485 Rivera St #A

Public county record property details
Beds
--
Baths
--
Year built
2008
Sq. Ft.
--
Lot Size
4,478
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
A
APN
178-361-001

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
$669,000
Median List Price/Sq.Ft.
$349
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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