2586 University Ave Riverside, CA 92507
Eastside NeighborhoodAbout This Home
This 3,570 SF property features 7 bedrooms and 7 bathrooms (buyer to verify) on a 0.23-acre C3-zoned lot, permitting both residential and commercial use. The site includes two detached rear structures, one believed to be an ADU and the other a garage with potential ADU conversion, offering additional development upside (buyer to verify zoning and permitting). Ideally located near universities and key amenities, the property provides flexible use as a large residence, income-producing rental, or commercial opportunity. Note: The current owner has engaged an architect to explore potential development options with the City.
Listing Agent
LE INVESTMENT GROUP Brokerage Phone: 909-256-7889 License #01468313 Listed on: 02/24/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1894
Lot Details
- 10,019 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,570 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- Multi-Level Bedroom
- 7 Full Bathrooms
Additional Features
- Exterior Lighting
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 1
- Assessor Parcel Number 211133004
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 | $3,318 | $318,227 | $200,001 | $118,226 |
| 2023 | $3,318 | $282,645 | $218,727 | $63,918 |
| 2022 | $3,245 | $277,104 | $214,439 | $62,665 |
| 2021 | $3,211 | $271,672 | $210,235 | $61,437 |
| 2020 | $3,188 | $268,888 | $208,080 | $60,808 |
| 2019 | $2,691 | $224,400 | $204,000 | $20,400 |
| 2018 | $2,641 | $220,000 | $200,000 | $20,000 |
| 2017 | $2,553 | $212,201 | $201,595 | $10,606 |
| 2016 | $2,397 | $208,042 | $197,643 | $10,399 |
| 2015 | $2,361 | $204,919 | $194,675 | $10,244 |
| 2014 | $2,325 | $200,907 | $190,862 | $10,045 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $749,500 | +240.7% | $210 / Sq Ft | |
| 08/29/2017 08/29/17 | Sold | $220,000 | -8.3% | $62 / Sq Ft | View Prior Sale |
| 04/05/2017 04/05/17 | Pending | -- | -- | -- | |
| 02/14/2017 02/14/17 | For Sale | $240,000 | +20.0% | $67 / Sq Ft | |
| 11/30/2012 11/30/12 | Sold | $200,000 | -11.1% | $80 / Sq Ft | View Prior Sale |
| 11/09/2012 11/09/12 | Pending | -- | -- | -- | |
| 08/22/2012 08/22/12 | For Sale | $225,000 | -- | $90 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $318,227 | None Listed On Document | |
| Sheriffs Deed | $318,227 | None Listed On Document | |
| Warranty Deed | -- | Rivera John | |
| Warranty Deed | -- | Rivera John | |
| Grant Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $220,000 | Provident Title | |
| Grant Deed | $200,000 | First American Title | |
| Grant Deed | $185,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | First American Title Ins Co | |
| Trustee Deed | $415,227 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $145,454 | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | Orange Coast Title Company | |
| Trustee Deed | $140,460 | First American Title Ins Co | |
| Grant Deed | $48,500 | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $48,500 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $350,000 | Seller Take Back | |
| Previous Owner | $91,000 | Commercial | |
| Previous Owner | $67,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26041207
APN: 211-133-004
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.