$416.67 Per Sq Foot $2,818 est/mo Sourced by Back At You

1261 Center Street,Riverside, CA 92507

Riverside CA, 92507

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Description

This is a very VERSATILE OPPORTUNITY as this property is zoned Commercial Office (CO) or can be a legal nonconforming Residential Use for people looking for a home with a back unit for guests or extended family members. Perhaps a live and work unit? The front House has 2 bedrooms, 1.5 bathrooms, and open living area with bonus entrance room which can be used as an office or bonus area. The home has been FULLY REMODELED with new paint, new tile flooring, ALL NEW BATHROOMS, and NEW KITCHEN. The back unit was a garage that has been converted to two separate rooms with an area for kitchenette, and an overhead shaded patio area. There are currently plumbing connections within a portion of the wall if you wanted to add a bathroom and convert into a FULL ADU for rental income! Or, just use as it currently sits which is a HOME OFFICE with guest bedroom for live in/work units. The yard in the back is very spacious and presents an opportunity to expand the back unit into a larger home. The property has also been UPGRADED TO ALL NEW PVC PLUMBING. Most of the fencing surrounding the lot is also brand new, and aesthetically pleasing as shown in photos. For Commercial Business Users, this property is also ideally located just seconds from the 215 FWY Offramp, and has approximately 17,000+ Cars Per Day along Center St, making for great visibility for potential customers. Local New Developments Include: Pulte Homes is poised to build a proposed 846 NEW HOMES (Summit Canyon), and a proposed new Shopping Center called the HIGHGROVE TOWN CENTER just up on Center St. In addition, KB HOMES HAS ALREADY BEGUN their ambitious 785-acre master-planned community to construct approximately 1,400+ Upscale Homes, all of which are residents whom must drive by this subject property to get to Mt Vernon. Now is your time to Invest into the Path of Progress, and get in one one special property that can only go up from here. Buyer must verify any and all marketing information to satisfy themselves. Listing Agent and Seller provide no warranties as to the exact square footage and year built of property. Buyers and Buyer's agents to satisfy themselves.

Details

MLS#IG24086407
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusPending
Year1954
Days On Site24
Listing Provided ByRealty Masters & Associates 951-384-6600 | Robert Mendez

Features

SQ Feet1,260
Story(s)1
Units2
Building(s)2
ZoningCO
Acreage0.17

Market Activity 92507

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 8 seconds ago
StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 Riverside
Listing VS Median (in 92507)
Price:
$525,000
low | high
Med:
$545,000
46.190476190476% of Average
SqFt:
1,260
low | high
Med:
2,777
70.396825396825% of Average
$ / SqFt:
$417
low | high
Med:
$196
100% of Average
On Site:
24
low | high
Med:
1325.000000
2% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 5:04:46 AM PDT