Calling all investors and developers. Rare infill opportunity located in the heart of the Northside Neighborhood within the Pellissier Ranch Specific Plan (see addendum for details). This is a true unicorn site fronting Center Street with secondary frontage on Highland Avenue.
The site totals approximately 27,900 SF (±0.64 acres) with dimensions of roughly 186’ x 150’ and 150 feet of frontage on Center Street. Buyer to verify lot lines, site area, and development potential through independent due diligence under the associated APNs.
Offered at under $40/SF, this represents an exceptional land value for multi-family and mixed-use developers seeking scale in a high-demand growth corridor. The seller also owns additional parcels in the immediate area, presenting a potential assemblage opportunity for the right investor.
The existing single-family residence is in poor condition and requires extensive repairs. Tenant has been notified of the sale. Do not disturb occupants. Interior access may be arranged with an accepted offer.
For sale
Listing Provided by:
Anthony Haan DRE #01972861 thaan@haanappraisals.com,
T.Haan & Associates
$825,000
257 Highland Ave, Riverside, CA 92507
4beds
988sqft
Est.:
Single Family Residence
Built in 1902
9,148 Square Feet Lot
$807,400 Zestimate®
$835/sqft
$-- HOA
What's special
- 2 days |
- 181 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: January 16, 2026 at 06:24am
Listing Provided by:
Anthony Haan DRE #01972861 thaan@haanappraisals.com,
T.Haan & Associates
Source: CRMLS,MLS#: PW26010656
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Entry/Foyer
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 988 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 9,148 Square Feet
- Features: 0-1 Unit/Acre
Details
- Additional parcels included: 247045013, 247092021
- Parcel number: 247045009
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1902
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $835/sqft
- Tax assessed value: $110,565
- Annual tax amount: $1,370
- Date on market: 1/15/2026
- Cumulative days on market: 3 days
- Listing terms: Cash to New Loan
Estimated market value
$807,400
$767,000 - $848,000
$2,633/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $825,000$835/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,370 +3.1% | $110,565 +2% |
| 2024 | $1,329 +0.7% | $108,398 +2% |
| 2023 | $1,320 +1.8% | $106,273 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,020/mo
Principal & interest
$3927
Property taxes
$804
Home insurance
$289
Climate risks
Neighborhood: 92507
Nearby schools
GreatSchools rating
- 6/10Highgrove Elementary SchoolGrades: K-6Distance: 0.6 mi
- 6/10University Heights Middle SchoolGrades: 7-8Distance: 2 mi
- 5/10John W. North High SchoolGrades: 9-12Distance: 2.4 mi
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