• 1261 Center Street Riverside, CA 92507

  • $525,000
  • 2
    Bed(s)
  • 1
    Baths
  • 1,260
    Sq Ft
  • 7405
    Sqft
  • Listed By: Robert Mendez, Realty Masters & Associates, DRE #01971883
  • Source: CRMLS

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. 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.

Property Type :

Residential

County :

Riverside

Style :

Residential

Sell a home like this and save $31,001 Find Out How

Property Details

 

Bedroom Information

Total Bedrooms : 2

Bathroom Information

Total Baths: 2

Full Baths: 1

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Septic Type Unknown

Interior Features

Interior Features: All Bedrooms Down

Fireplace: None

Flooring: Tile

Cooling Features

See Remarks

Air Conditioning

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1954

Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.17

Lot Size Source: Assessor

Lot Size Square Feet: 7405

Listing Price Information

Original List Price: 525,000

Listing Contract Date: 2024-04-30

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 247042014

Garage and Parking

Garage Description: Driveway

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: 252 - Riverside

Postal Code Plus 4: 1025

Directions: Exit 215 FWY on Center St, property will be on left handside after crossing intersection of Iowa Ave and Center St.

Zoning: C-O

Source Property Type: Residential

Area: 252 - Riverside

Property SubType: Single Family Residence

Building and Construction

Property Age: 70

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Owner

Total Square Feet Living: 1260

Entry Level: 1

Entry Location: front door

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4479 Chicago Avenue, Riverside, CA,92507 $800,000 -- -- -- 15682 Sqft
20517 Claremont, Riverside, CA,92507 $218,000 -- -- -- 13504 Sqft
Westpoint Drive, Riverside, CA,92507 $199,500 -- -- -- 9583 Sqft
4302 Park Avenue, Riverside, CA,92507 $550,000 -- -- -- 6970 Sqft
Pettegrew, Riverside, CA,92507 $99,900 -- -- -- 237402 Sqft
8 Flanders Road, Riverside, CA,92507 $420,000 -- -- -- 197327 Sqft
11460 Tulane Avenue, Riverside, CA,92507 $215,000 -- -- -- 17424 Sqft
20274 West Point Drive, Riverside, CA,92507 $110,415 -- -- -- 9583 Sqft
1301 Research Park Drive, Riverside, CA,92507 $2,800,000 -- -- -- 62726 Sqft
147 Teresa Street, Riverside, CA,92507 $649,950 4 2 2,011 14520 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/18/2024 @ 04:28

MLS: IG24085994
LISTED BY: Robert Mendez, Realty Masters & Associates
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $31,001 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion