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Sold for $435,000 on 12/19/22
  • Listing Provided by: 

    FREDERICK GORDON DRE #01503278 951-545-8846,

    REALTY MASTERS & ASSOCIATES,

    CRYSTAL COLEMAN DRE #01879574 951-801-0924,

    REALTY MASTERS & ASSOCIATES

    Bought with: A-Z REALTY & INVESTMENT CORP
    $435,000

    1057 Center St, Riverside, CA 92507

    3beds
    --baths
    2,984sqft
    Mixed Use
    Built in 1912
    -- sqft lot
    $634,100 Zestimate®
    $146/sqft
    $-- Estimated rent

    Home value

    $634,100

    $571,000 - $710,000

    Not available

    Zestimate® history
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    What's special

    *BACK ON THE MARKET* Buyer could not preform. Motivated seller, 25k price reduction. Rare opportunity to own mixed use property in, possibly, the largest development boom in Riverside County. Two parcels are included in the sale, with a total of approximately 2984 sqft on a 7400 sqft lot. The warehouse is 1736 sq ft. the corner unit is 1248 sq. ft. Just Appraised for $475,000. The corner unit is now being used as a 2 bed 1 bath single family unit. Detached 2 car garage has a 1/2 bath. Could easily be turned into retail frontage. The main building has endless possibilities with a huge warehouse in the front and office and bathroom in the back. Property also includes a 2 car garage. Plenty of parking for both. Both buildings have recently been painted, new roof, newer electric panel, and new windows will be replaced in front of main building before COE. Fantastic location with stellar street visibility, thousands of commuters passing by and waiting in front for the train. Thousands of new homes have been built in this community in the past few years, and now is a great time to own before the entire community is re-developed. Just a block away is a new development- “The Highgrove Town Center” with 846 townhomes being built with retail and shopping. Could be a great live/work location.

    Zillow last checked: 8 hours ago

    Listing updated: January 25, 2023 at 11:41am

    Listing Provided by:

    FREDERICK GORDON DRE #01503278 951-545-8846,

    REALTY MASTERS & ASSOCIATES,

    CRYSTAL COLEMAN DRE #01879574 951-801-0924,

    REALTY MASTERS & ASSOCIATES

    Bought with:

    DONGYAN ZHENG, DRE #01714735

    A-Z REALTY & INVESTMENT CORP

    Source: CRMLS,MLS#: IV22228852MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,984
    • Total interior livable area: 2,984 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Pool features: None
    Lot
    • Size: 7,600 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 247053008
    • Zoning: C-1/C-P
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Riverside

    Other

    Other facts
    • Listing terms: Submit

    Price history

    DateEventPrice
    12/19/2022Sold$435,000$146/sqft
    Source: CRMLS #IV22228852

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92507

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $634,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $634,100