257 Highland Ave Riverside, CA 92507
Highgrove NeighborhoodEstimated payment $4,395/month
About This Home
Calling all investors and developers. Rare infill opportunity located in the heart of the Northside Neighborhood within the Pellissier Ranch Specific Plan (see addendum for details). This is a true unicorn site fronting Center Street with secondary frontage on Highland Avenue.
The site totals approximately 27,900 SF (±0.64 acres) with dimensions of roughly 186’ x 150’ and 150 feet of frontage on Center Street. Buyer to verify lot lines, site area, and development potential through independent due diligence under the associated APNs.
Offered at under $40/SF, this represents an exceptional land value for multi-family and mixed-use developers seeking scale in a high-demand growth corridor. The seller also owns additional parcels in the immediate area, presenting a potential assemblage opportunity for the right investor.
The existing single-family residence is in poor condition and requires extensive repairs. Tenant has been notified of the sale. Do not disturb occupants. Interior access may be arranged with an accepted offer.
Listing Agent
T.Haan & Associates Brokerage Email: thaan@haanappraisals.com License #01972861 Listed on: 01/15/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1902
Lot Details
- 9,148 Sq Ft Lot
- Density is up to 1 Unit/Acre
- 247-045-013, 247-092-021
Home Design
- Entry on the 1st floor
Interior Spaces
- 988 Sq Ft Home
- 2-Story Property
- Entryway
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Location
- Suburban Location
Utilities
- No Heating
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 8 / 12
- Tax Tract Number 423
- Assessor Parcel Number 247045009
- $143 per year additional tax assessments
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 | $1,329 | $110,565 | $72,482 | $38,083 |
| 2023 | $1,320 | $106,273 | $69,668 | $36,605 |
| 2022 | $1,297 | $104,190 | $68,302 | $35,888 |
| 2021 | $1,275 | $102,148 | $66,963 | $35,185 |
| 2020 | $1,266 | $101,102 | $66,277 | $34,825 |
| 2019 | $1,244 | $99,121 | $64,978 | $34,143 |
| 2018 | $1,222 | $97,178 | $63,704 | $33,474 |
| 2017 | $1,203 | $95,273 | $62,455 | $32,818 |
| 2016 | $1,133 | $93,406 | $61,231 | $32,175 |
| 2015 | $1,119 | $92,005 | $60,312 | $31,693 |
| 2014 | $1,329 | $90,205 | $59,132 | $31,073 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | For Sale | $825,000 | -- | $835 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26010656
APN: 247-045-009
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Ask me questions while you tour the home.