Pending

245 Commercial Avenue

Riverside, CA 92507

$480,000 $2,023/Mo

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Overview

Bed

Bath

824

Sqft

8,712

Sqft(Lot)

Description

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 pro perty 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.

Property Details

Property Type : Residential

Price : $480,000

AD Id : 79436990

MLS Id : OC26059015

Beds : 3

Lot Size : 8,712 Sqft

Living Area Size : 824

Year Built : 1915

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: Eat-in Kitchen,Recessed Lighting,All Bedrooms Down Property Appliances: Gas Range,Refrigerator Fireplace: None Flooring: Tile
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1915
Pool Features

None

Laundry Features

None

Patio And Porch

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2
Lot Size Source: Assessor Lot Size Square Feet: 8712

Listing Price Information

Original List Price: 480,000 Listing Contract Date: 2026-03-16
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 247053012

Garage and Parking

Garage Description: Driveway

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: 252 - Riverside Directions: Main Streets Commercial & Center St Source Property Type: Residential Area: 252 - Riverside Property SubType: Single Family Residence
Building and Construction

Property Age: 111 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 824 Entry Level: 1 Entry Location: 1 Levels or Stories: One Building Total Stories: 1 Structure Type: House

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
8538 Anthony, Riverside, CA, 92507	$830,000	5	3	2,824	2,824 SqFt
8501 Anthony, Riverside, CA, 92507	$1,099,000	6	4	4,033	4,033 SqFt
7483 Sage Scrub, Riverside, CA, 92507	$950,000	7	5	3,127	3,127 SqFt
21159 Blue Jeans Court, Riverside, CA, 92507	$849,000	4	2	2,610	2,610 SqFt
21288 Telegraph Rd, Riverside, CA, 92507	$830,000	5	3	2,889	2,889 SqFt
21264 Telegraph, Riverside, CA, 92507	$668,000	3	2	1,388	1,388 SqFt
7633 River Gulch, Riverside, CA, 92507	$889,900	4	2	2,387	2,387 SqFt
7335 Stockyard, Riverside, CA, 92507	$829,000	5	3	2,657	2,657 SqFt
21147 Broken Stone Court, Riverside, CA, 92507	$938,000	5	4	3,245	3,245 SqFt
21047 Iron Rail, Riverside, CA, 92507	$975,000	5	2	3,593	3,593 SqFt

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ByOwner last updated this listing 06/16/2026 @ 06:16

MLS: OC26059015 LISTED BY: Justin Tye, Real Broker 619-248-6434 SOURCE: CRMLS