5300 Arlington Ave Riverside, CA 92504

$--

-- Beds
-- Baths
-- Sq.Ft.

Off Market

Map preview of 5300 Arlington Ave, Riverside, CA 92504

Property Overview: 5300 Arlington Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 19,602 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5300 Arlington Ave is currently an off market home 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 $694,900. The median price per/sqft for Riverside is $371. 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 $138,980 for the down payment and will need roughly $13,898 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Riverside the commission could be as much as $32,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5300 Arlington Ave

Last sold on November 20th, 2020

March, 2021
Mar 31, 2021

Date

Expired

CRMLS: DW20204256

$1,850

Price
Feb 2, 2021

Date

Withdrawn

CRMLS: DW20204256

$1,850

Price
Oct 1, 2020

Date

Active

CRMLS: DW20204256

$1,850

Price
Listing provided courtesy of CRMLS

The site is perfect for a CrossFit style gym, Martial Arts, Small Church or Classroom Setting. The site is strategically in close proximity to the CA-91 freeway, Tyler mall, and the Riverside cable airport. There is abundant parking for convenience of visitors.

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November, 2020
Nov 20, 2020

Date

Sold (Public Records)

Public Records

--

Price
October, 2020
Oct 30, 2020

Date

Sold (Public Records)

Public Records

$2,090,000

Price
July, 2019
Jul 1, 2019

Date

Expired

CRMLS: GD18224556

$2,225,000

Price
Jun 7, 2019

Date

Withdrawn

CRMLS: GD18224556

$2,225,000

Price
Jan 28, 2019

Date

Price Change

CRMLS: GD18224556

$2,225,000

Price
Nov 3, 2018

Date

Price Change

CRMLS: GD18224556

$2,390,000

Price
Sep 13, 2018

Date

Active

CRMLS: GD18224556

$2,495,000

Price
Listing provided courtesy of CRMLS

We are pleased to present Arlington Plaza - a six-unit retail strip center on the 5-point signalized corner of Arlington Avenue, California Avenue & Streerer Avenue in Riverside, California. Arlington Plaza is a 7,430± square foot, multi-tenant strip center with a mix of local and regional tenants. The tenants include Fast 5 Pizza, a Beauty Salon, an Employment Agency, May Flowers and Metro PCS. The strip center wraps the entire corner providing over 250’ of street frontage and allowing every tenant to have some street visibility. The subject property is clearly visible from all angles of the intersection as an estimated 40,000 vehicle pass through that intersection daily in accordance to 2017 vehicle traffic counts for California and Arlington Avenues. Current rents for the property average $1.75 gross providing a new owner the opportunity to convert gross leases to triple net leases and increase the cap rate to above a 7.0% cap with various rental increases and converting to NNN as renewals come due. This unique strip center is a uniquely built property on a busy retail corridor for maximum visibility and exposure.

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Tax History for 5300 Arlington Ave

Assessed Value (2020): $1,980,551

Year	Land Value	Improved Value	Assessed Value
2020	$734,862	$1,245,689	$1,980,551

About 5300 Arlington Ave

Detailed summary of property

5300 Arlington Ave is categorized with a use code of Commercial (General) in Riverside, CA 92504 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 19,602 square foot lot. Homes in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Local nearby listings include 5361 Lantana St, 4360 Cruz Dr and 4980 Arborwood Ln. The average home in Riverside, CA is selling in 53 days. There are currently 789 homes for sale in the Riverside real estate market and 726 of them are single family homes while 54 of them are condos and 9 are townhomes. If you are the homeowner and looking to sell the home at 5300 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 5300 Arlington Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 19,602
Stories: --

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 14
APN: 227-100-036

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

$679,000

Median List Price/Sq.Ft.

$391

Median Sold Price

$630,000

Median Sold Price/Sq.Ft.

$425

Total Inventory

Median Sale to List Price %

98.44%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (30.3%), VA (0%), Cash (21.21%), Other (15.15%)

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(714) 706-1823

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