$546,808Average Value$388Average Price per Sq Ft12Homes For Sale
College town charm
Located in the northeastern corner of Riverside, California, the University neighborhood got its start from a public land grant developed for agricultural research by the University of California. It’s original purpose—experimental citrus research, which can still be felt thanks to the area’s lush vegetation and natural beauty—soon expanded enough to include a full curriculum and became the pride of the community: University of California-Riverside. “The area is really exploding in popularity,” says Karen Cheng, real estate agent with Berkshire Hathaway California Properties and longtime resident of the area. “It’s growing rapidly, but it still has its personality.” Now a bustling neighborhood with a college-town feel, the area offers residents shopping, entertainment, and access to larger cities nearby, University is an appealing option for more than just students.
An aerial view of the University neighborhood shows homes and their close proximity to shops.
University locals love to browse the many food options at the University Village.
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Spanish Mediterranean accents in Riverside
Housing in the University neighborhood is competitive, and it’s expected to continue that way. “Houses go quickly and prices have increased a bit,” says Karen Cheng, real estate agent with Berkshire Hathaway California Properties and longtime resident of the area. “That whole area is really growing, and people want to get in on it.” True to its urban residential feel, homes in University feature a variety of condominiums and townhouses—some of which serve as student and faculty housing. Single-family homes in the area are mostly comprised of single-story ranch style and pool homes, most of which feature craftsman or Spanish-Mediterranean accents. Prices typically range start at $300,000 for a 2-bedroom home and go up to $835,000 for a 4-bedroom.
The University neighborhood boasts with many single-story homes that resemble the Spanish Style.
The University neighborhood has many single-story homes that have unique characteristics.
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Dig in at University Village
The area has a number of unique shopping and dining options, along with grocery staples like Goodwin's. Other grocery spots include the University Village Market and Food 4 Less. The Barn is a popular local restaurant offering a wide variety of classic comfort dishes, with vegan and vegetarian options available as well. “University Village is great for all the restaurant options it has,” says Cheng. “It’s a really fun place with lots of variety and energy.”
Enjoy the convenience of Food4Less, strategically located in the University neighborhood.
University locals can enjoy burgers at The Barn on the UCR campus.
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Bright lights, art, and music
The Riverside Arts Walk is a monthly event occurring the first Thursday of every month from 6 to 9 p.m. in downtown Riverside in the artist vendor lot on the corner of University Avenue and Lemon Street. The event celebrates cultural diversity through art and features participating art galleries, studios and museums with entertainment, food and shopping. Mission Inn Hotel & Spa sponsors the annual Festival of Lights every year from Thanksgiving through New Year’s—hailed by USA Today as the “best public lights display in the country.”
Rain or shine, University locals attend the monthly Riverside Arts Walk in Downtown Riverside.
The Cheech Marin Center For Chicano Art in Downtown Riverside is a short drive from University.
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Get a head start at John W. North High
Students in University begin at Highland Elementary School, before moving on to University Heights Middle and finishing up at John W. North High. According to Niche, these schools earned ratings of A-minus, B-minus, and B-plus, respectively. John W. North High offers students the opportunity to earn college credit early with its AP and IB programs.
Highland Elementary takes pride in their Hornet mascot and showcases brilliant artwork.
University Heights Middle School in Riverside encourages positivity.
Building Entrance to John W. North High School.
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Take it all in at the botanical gardens
Those looking to get out and get active can do so at Highland Park, which offers up plenty of open grassy areas, a tire swing, and rock-climbing wall. Nearby Andulka Park features 10 championship-grade tennis courts, a retail pro store, and offers lessons. For those seeking to commune with the surrounding California beauty, they can do so at Mount Rubidoux Park—a mountainside park boasting miles of hiking trails that offer up breathtaking views. One of the favorite spots in the area is the University of California Botanical Gardens, a 40-acre expanse of gorgeous gardens and walking trails. “The UCR Botanical Garden is hugely popular,” says Cheng. “They even offer workshops, so it brings in people from all around.”
University neighborhood residents enjoy getting a run in at Highland Park.
Students and residents of University enjoy the trails in the UCR Botanic Garden.
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Urban access and an easy commute
With access to the 60 Freeway, University is located just 10 miles from San Bernadino and less than 20 miles from the Ontario International Airport. “The area is convenient for more than just students,” says Cheng. “You have access to a lot of different places and it’s easy to get out and onto the highway.” Riverside being a college town, and the University neighborhood in particular catering to student and faculty populations, commuting is common—and can occasionally lead to congestion. Public transit is widely available throughout Riverside, however, and the University neighborhood is walkable.
Ontario International Airport is convenient for most of the Inland Empire, including University.
UCR students and University locals enjoy convenient access to public transportation.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Riverside (Parking Lot 30 - University Of California, Riverside)
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Crime and Safety
1 - Low Crime, 10 - High Crime
University
US
Homicide
4
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
6
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
University Demographics and Home Trends
On average, homes in University, Riverside sell after 55 days on the market compared to the national average of 58 days. The median sale price for homes in University, Riverside over the last 12 months is $550,000, down 4% from the median home sale price over the previous 12 months.
Welcome to King Arthur Estates all ages community park located in the wonderful city of Riverside. Introducing this cozy charming Turnkey home ready for a new buyer to enjoy and call home. This home comes with laminate flooring throughout the entire home, 2 bed 3 bathrooms with an enclosed room that may be used for a work room with its own full bath and tub and fairly new paint. The community
$600,000 Price Reduction. Day one 6.10% CAP Rate & 9.4 GRM. Built in 1964, The University Gardens consist of approximately67,202 of rentable square feet and is in good conditionsince the current ownership has made several recentrenovations to the interiors & exteriors.The unit mix consists of 2 Bedroom, 1Bedroom & Studio units. The property is situatedon approximately 3
Jonathan MitchellKidder Mathews of California, Inc
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Vivienne HarouneXp Realty of Greater Los Angeles, Inc.
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Diana Mendoza OviedoeXp Realty of Southern Ca, Inc
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