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4922 Arlington Ave, Riverside, CA 92504
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4922 Arlington Ave Riverside, CA 92504

$1 Leased Price as of 08/02/2022
  • -- Beds
  • -- Baths
  • 1,488 Sq.Ft.
Leased
$1 Leased Price as of 08/02/2022 Refinance Your Mortgage
Map preview of 4922 Arlington Ave, Riverside, CA 92504

Property Overview: 4922 Arlington Ave Riverside, CA has -- bedrooms, -- bathrooms, 1,488 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Free standing retail / office located on busy Arlington Avenue and strategically accessible from several major freeways. The available suite of approximately 1,448 square feet includes 3 private offices, large open area, breakroom, kitchenette with sink, laundry area and outdoor yard with garage with second kitchenette and storage space. As a bonus, this property offers outdoor space with a private backyard. Additionally, the property offers excellent signage visibility on the heavily traveled Arlington Avenue with a traffic count of over 22,058 VPD. There is convenient parking at the side and rear of the building. The property is surrounded by many shopping centers and just 3.7 miles to Galleria at Tyler shopping center and close to many restaurants, medical offices and more. Call and schedule your tour today.

Listed by GURJEET BHATIA | BRE #01895064 | KB REAL ESTATE
Last checked: 6 minutes ago | Last updated: November 16th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Office
Status
Leased
MLS#
IV22167076
City
Riverside
County
Riverside
Time on Site
643 days

Property Details for 4922 Arlington Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Front Yard, Level with Street, Level, Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 227251044
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on Arlington Avenue and Valencia Street
View more facts & features

Local Riverside Agent

Sale History for 4922 Arlington Ave

Last leased for $1 on August 2nd, 2022

  • November, 2023

  • Nov 16, 2023

    Date

    Expired

    CRMLS: 23275159

    $1,600,000

    Price

  • May 15, 2023

    Date

    Active

    CRMLS: 23275159

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    CBRE, Inc. is proud to exclusively present 4922 & 4930 Arlington Avenue. At $28/SF this versatile 1.47-acre property in the heart of Riverside, California comprises two parcels. This property currently includes two existing structures, each on its own parcel, offering a location for an owner-user or immediate income potential through leasing. One property is presently under a lease with six months remaining, providing revenue while you consider your development options. The other property is owner-occupied and will be vacated at the time of sale, allowing for flexibility and convenience for the new owner. The true gem of this offering is the expansive undeveloped land in the rear that is primed and ready for your vision. Over an acre with an R1-7000 zoning designation, this property is currently permitted for the construction of 27 dwellings across 9 parcels. Each parcel is allotted one main residence with an attached Junior ADU (max 500SF) and detached ADU (max 1200 SF), providing an extraordinary opportunity for investors looking to maximize their return. There is also potential to upzone through city proceedings. Located in the city of Riverside, this property sits in close proximity to several universities and hospitals, making it an ideal location for rental income. The property also offers access to major corridors, providing quick and easy routes to all that Southern California has to offer. Whether you're an investor looking for a lucrative development opportunity, a business owner seeking a location with potential for both use and income, or a developer aiming to create a new residential community, this property offers a unique combination of benefits that are hard to find elsewhere. Take advantage of this exceptional opportunity to cultivate and shape Riverside's residential landscape while reaping the benefits of immediate leasing revenue.

  • August, 2022

  • Aug 2, 2022

    Date

    Leased

    CRMLS: IV22167076

    $1

    Price

  • Jul 29, 2022

    Date

    Active

    CRMLS: IV22167076

    --

    Price

  • May, 2011

  • May 31, 2011

    Date

    Sold (Public Records)

    Public Records

    $235,000

    Price

  • May, 2011

  • May 31, 2011

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

Show More

Tax History for 4922 Arlington Ave

Assessed Value (2020): $451,007
Year Land Value Improved Value Assessed Value
2020 $193,287 $257,720 $451,007

Home Value Compared to the Market

This property vs the competition

4922 Arlington Ave has recently been leased in the city of Riverside. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Riverside has a median list price of $695,000. The median price per/sqft for Riverside is $364. With those numbers in mind, if you are looking to purchase a median priced home in Riverside, CA and put 20% down you will need to save up $139,000 for the down payment and will need roughly $13,900 for closing costs on top of the down payment.

About 4922 Arlington Ave

Detailed summary of property

4922 Arlington Ave is a office that was recently leased in Riverside, CA 92504. This office offered -- bedrooms, -- bathrooms, roughly 1,488 living square feet, and sits on an approximately 8,276 square foot lot. 4922 Arlington Ave was first listed on ArdentRealEstateGroup.com on July 29, 2022. The homeowner leased the property for $1. 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. Local homes that are currently for sale include 8178 Buckingham Place, 6875 La Jolla Dr and 6830 Malibu Dr. For more information on this home for lease at 4922 Arlington Ave Riverside, CA 92504 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 4922 Arlington Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
8,276
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
227-251-044

The source for these homes facts are from public records.

92504 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$638,000
Median List Price/Sq.Ft.
$400
Median Sold Price
$643,000
Median Sold Price/Sq.Ft.
$422
Total Inventory
101
Median Sale to List Price %
102.88%
Avg Days on Market
21
Loan Type
Conventional (44.83%), FHA (20.69%), VA (3.45%), Cash (24.14%), Other (6.9%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

Homes for Sale Near 4922 Arlington Ave

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Homes for Lease Near 4922 Arlington Ave

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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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