2540 Monroe St Riverside, CA 92504
Arlington Heights NeighborhoodEstimated payment $16,850/month
Highlights
- Two Primary Bedrooms
- 4.79 Acre Lot
- Deck
- View of Trees or Woods
- Fireplace in Primary Bedroom
- Traditional Architecture
About This Home
Welcome to this exceptional private estate featuring a stunning main residence built in 2000, offering 8 bedrooms and 7.5 bathrooms with generous living spaces designed for comfort and functionality. Complementing the main home is a separate single-story guest house built in 2022, complete with 3 bedrooms and 3 bathrooms, ideal for extended family, guests, or multigenerational living. Situated on a sprawling 4.78-acre lot, the property boasts an impressive variety of mature, producing fruit trees, including approximately 150 orange trees, 60 avocado trees, 9 banana trees, as well as lemon, peach, dragon fruit, mango, apple, and persimmon trees. The agricultural trees are irrigated through The Gage Canal, adding significant long-term value and efficiency. The estate is exceptionally well suited for a large family compound, or potential use as a home care or daycare facility (buyer to verify all permitted uses with the city). Additional highlights include ample parking, RV and boat storage, and a fully fenced perimeter with automatic front gate, providing privacy, security, and convenience. Ideally located near the 91 Freeway and just minutes from Galleria at Tyler, Albertsons, Kaiser Permanente, and California Citrus State Park, this rare offering combines space, versatility, and location. Priced to sell—this is a truly rare opportunity with immense potential. Don’t miss it.
Listing Agent
DOLLY REALTY Brokerage Phone: 626-255-7788 License #00837221 Listed on: 02/05/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2000 | Remodeled
Lot Details
- 4.79 Acre Lot
- Corner Lot
- Rectangular Lot
- Density is 2-5 Units/Acre
Parking
- 2 Car Attached Garage
- Automatic Gate
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Tile Roof
Interior Spaces
- 9,496 Sq Ft Home
- 2-Story Property
- High Ceiling
- Recessed Lighting
- Wood Burning Fireplace
- Blinds
- Entryway
- Separate Family Room
- Views of Woods
Kitchen
- Gas Oven
- Gas Cooktop
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms | 10 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Balcony
- Deck
- Open Patio
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Septic Type Unknown
- Phone Available
Additional Features
- More Than Two Accessible Exits
- Two Homes on a Lot
- Agricultural
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 238060009
- $142 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,903 | $1,655,574 | $217,239 | $1,438,335 |
| 2023 | $17,903 | $1,591,288 | $208,804 | $1,382,484 |
| 2022 | $16,962 | $1,511,958 | $204,710 | $1,307,248 |
| 2021 | $16,238 | $1,441,529 | $200,697 | $1,240,832 |
| 2020 | $11,246 | $991,261 | $198,640 | $792,621 |
| 2019 | $11,034 | $971,826 | $194,746 | $777,080 |
| 2018 | $10,819 | $952,772 | $190,928 | $761,844 |
| 2017 | $10,627 | $934,091 | $187,185 | $746,906 |
| 2016 | $9,942 | $915,776 | $183,515 | $732,261 |
| 2015 | $9,803 | $902,021 | $180,759 | $721,262 |
| 2014 | $9,714 | $884,354 | $177,219 | $707,135 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | For Sale | $2,990,000 | -- | $315 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $650,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $520,000 | Negative Amortization | |
| Previous Owner | $340,387 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26021526
APN: 238-060-009
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Ask me questions while you tour the home.