This 3,570 SF property features 7 bedrooms and 7 bathrooms (buyer to verify) on a 0.23-acre C3-zoned lot, permitting both residential and commercial use. The site includes two detached rear structures, one believed to be an ADU and the other a garage with potential ADU conversion, offering additional development upside (buyer to verify zoning and permitting). Ideally located near universities and key amenities, the property provides flexible use as a large residence, income-producing rental, or commercial opportunity. Note: The current owner has engaged an architect to explore potential development options with the City.
For sale
Listing Provided by: LE INVESTMENT GROUP
$749,500
2586 University Ave, Riverside, CA 92507
7beds
3,570sqft
Est.:
Single Family Residence
Built in 1894
10,018.8 Square Feet Lot
$742,800 Zestimate®
$210/sqft
$-- HOA
What's special
- 34 days |
- 1,401 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2026 at 04:53pm
Listing Provided by:
ALBERT LE DRE #01468313 909-256-7889,
LE INVESTMENT GROUP
Source: CRMLS,MLS#: IV26041207
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Rooms
- Room types: Bedroom
Bedroom
- Features: Multi-Level Bedroom
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: 3,570 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 10,018.8 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 211133004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1894
Utilities & green energy
- Sewer: Unknown
- Water: Other
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $318,227
- Annual tax amount: $3,694
- Date on market: 2/24/2026
- Cumulative days on market: 34 days
- Listing terms: Submit
Estimated market value
$742,800
$706,000 - $780,000
$3,618/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $749,500$210/sqft |
Source:  CRMLS #IV26041207 Report a problem | ||
| 3/18/2026 | Contingent | $749,500$210/sqft |
Source: CRMLS #IV26041207 Report a problem | ||
| 2/25/2026 | Listed for sale | $749,500+135.5%$210/sqft |
Source: CRMLS #IV26041207 Report a problem | ||
| 11/26/2024 | Sold | $318,227+44.6%$89/sqft |
Source: Public Record Report a problem | ||
| 8/30/2017 | Sold | $220,000+10%$62/sqft |
Source: Public Record Report a problem | ||
| 11/21/2012 | Sold | $200,000+8.1%$56/sqft |
Source: Public Record Report a problem | ||
| 8/22/2008 | Sold | $185,000-55.4%$52/sqft |
Source: Public Record Report a problem | ||
| 3/27/2008 | Sold | $415,227+185.5%$116/sqft |
Source: Public Record Report a problem | ||
| 10/7/2002 | Sold | $145,454+3.6%$41/sqft |
Source: Public Record Report a problem | ||
| 4/19/2002 | Sold | $140,460+189.6%$39/sqft |
Source: Public Record Report a problem | ||
| 10/13/1999 | Sold | $48,500$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,694 +11.3% | $318,227 +10.4% |
| 2024 | $3,318 -27.2% | $288,297 +2% |
| 2023 | $4,560 +40.5% | $282,645 +2% |
| 2022 | $3,245 +1.1% | $277,104 +2% |
| 2021 | $3,211 +0.7% | $271,672 +1% |
| 2020 | $3,188 | $268,888 +19.8% |
| 2019 | -- | $224,400 +2% |
| 2018 | $2,641 +3.5% | $220,000 +3.7% |
| 2017 | $2,553 | $212,201 +2% |
| 2016 | $2,553 +8.1% | $208,042 +1.5% |
| 2015 | $2,361 | $204,919 +2.5% |
| 2013 | -- | $200,000 +5.4% |
| 2012 | -- | $189,666 +2% |
| 2011 | -- | $185,948 +0.8% |
| 2010 | -- | $184,561 -0.2% |
| 2009 | -- | $185,000 -28.9% |
| 2008 | -- | $260,100 -54.4% |
| 2007 | -- | $569,960 +35.2% |
| 2006 | -- | $421,504 +316.4% |
| 2005 | -- | $101,218 +3.9% |
| 2003 | -- | $97,417 +2% |
| 2002 | -- | $95,508 +2% |
| 2001 | $1,070 +1.7% | $93,636 +2% |
| 2000 | $1,052 | $91,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,513/mo
Principal & interest
$3782
Property taxes
$731
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Climate risks
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 5/10Emerson Elementary SchoolGrades: K-6Distance: 0.9 mi
- 4/10Matthew Gage Middle SchoolGrades: 7-8Distance: 2.7 mi
- 6/10Polytechnic High SchoolGrades: 9-12Distance: 1.7 mi
Local experts in 92507
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- 2586 University Ave
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