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For sale
    • Listing Provided by: Real Broker
    $520,000

    245 Commercial Ave, Riverside, CA 92507

    3beds
    824sqft
    : 
    Single Family Residence
    Built in 1915
    8,712 Square Feet Lot
    $496,400 Zestimate®
    $631/sqft
    $-- HOA

    What's special

    Welcome to a rare opportunity to own in a well-established and highly desirable neighborhood. Offering generous space and endless potential, this home is perfect for those looking to create their dream living environment while building long-term value. The property features a functional layout suited for a variety of uses, offering the ability to customize the space to fit your specific needs. A standout feature is the second attached lot, providing additional room for storage, parking, or future development—an uncommon advantage that adds significant value and versatility. Enjoy a prime location close to major freeways, popular dining spots, and daily conveniences, making everyday living effortless. Whether you're a first-time buyer or looking for a home with long-term potential, this property presents an excellent opportunity in one of Riverside’s up-and-coming areas. Don’t miss the chance to make this home your own in a well-connected and thriving neighborhood.
    3 days
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    226
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    8
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    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 07:25pm

    Listing Provided by:

    Justin Tye DRE #01728694 JT@ActiveRealty.com,

    Real Broker,

    Ileana Campos DRE #02251240 714-369-3566,

    Real Brokerage Technologies, Inc.

    Source: CRMLS,MLS#: OC26059015MLS LogoOriginating MLS: California Regional MLS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Family Room, Kitchen
      Bedroom
      • Features: All Bedrooms Down
      Bathroom
      • Features: Tub Shower
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Range, Refrigerator
      • Laundry: None
      Features
      • Eat-in Kitchen, Recessed Lighting, All Bedrooms Down
      • Flooring: Tile
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 824 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Patio & porch: None
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 8,712 Square Feet
      • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Yard
      Details
      • Parcel number: 247053012
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Street Lights
      Location
      • Region: Riverside

      Financial & listing details

      • Price per square foot: $631/sqft
      • Tax assessed value: $317,729
      • Annual tax amount: $4,224
      • Date on market: 3/19/2026
      • Listing terms: Cash,Conventional,FHA
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        Estimated market value

        $496,400

        $472,000 - $521,000

        $2,311/mo

        Price history

        Price history
        DateEventPrice
        3/20/2026Listed for sale$520,000+8.3%$631/sqft
        Source: CRMLS #OC26059015 Report a problem
        12/5/2025Sold$480,000-4%$583/sqft
        Source: CRMLS #TR25188340 Report a problem
        11/1/2025Pending sale$499,999$607/sqft
        Source: CRMLS #TR25188340 Report a problem
        10/1/2025Contingent$499,999$607/sqft
        Source: CRMLS #TR25188340 Report a problem
        8/27/2025Listed for sale$499,999+85.2%$607/sqft
        Source: CRMLS #TR25188340 Report a problem
        1/10/2019Sold$270,000$328/sqft
        Source: CLAW #18380898 Report a problem
        10/13/2018Pending sale$270,000$328/sqft
        Source: Dynasty Real Estate #18380898 Report a problem
        10/9/2018Price change$270,000+1.9%$328/sqft
        Source: Dynasty Real Estate #18380898 Report a problem
        9/13/2018Price change$265,000-1.5%$322/sqft
        Source: Dynasty Real Estate #18380898 Report a problem
        9/7/2018Price change$269,000-3.6%$326/sqft
        Source: Dynasty Real Estate #18380898 Report a problem
        8/30/2018Listed for sale$279,000+43.1%$339/sqft
        Source: Dynasty Real Estate #18380898 Report a problem
        2/21/2018Sold$195,000-9.3%$237/sqft
        Source: Public Record Report a problem
        1/18/2018Pending sale$215,000$261/sqft
        Source: Remax Real Pros #IG17278822 Report a problem
        1/17/2018Price change$215,000-20.3%$261/sqft
        Source: Remax Real Pros #IG17278822 Report a problem
        12/23/2017Listed for sale$269,900$328/sqft
        Source: Remax Real Pros #IG17278822 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,224 +8.6%$317,729 +2%
        2024$3,888 +10.3%$311,500 +2%
        2023$3,525 +1.9%$305,393 +7.6%
        2022$3,458 +7.1%$283,815 +2%
        2021$3,228 +0.8%$278,251 +1%
        2020$3,204 +36.1%$275,399 +38.5%
        2019$2,354 +709.2%$198,900 +1359.6%
        2018$291 +1%$13,627 +2%
        2017$288 $13,360 +2%
        2016$288 +4.2%$13,099 +1.5%
        2015$277 +0.5%$12,905 +2%
        2014$275 $12,655 +0.4%
        2013-- $12,600 +2%
        2012-- $12,354 +2%
        2011-- $12,113 +0.7%
        2010-- $12,024 -0.2%
        2009-- $12,054 +2%
        2008-- $11,819 +2%
        2007-- $11,588 +2%
        2006-- $11,362 +2%
        2005-- $11,141 +3.9%
        2003-- $10,726 +2%
        2002-- $10,516 +2%
        2001$245 +0.8%$10,310 +2%
        2000$243 $10,109

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,054/mo
        Principal & interest
        $2547
        Property taxes
        $507
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          Climate risks

          Neighborhood: 92507

          Getting around

          23 / 100
          Minimal Transit

          Nearby schools

          GreatSchools rating

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