3868 Dawes St Riverside, CA 92503
Arlington NeighborhoodAbout This Lot
The subject property is in an exceptional location minutes away from the Tyler Mall Galleria and other shopping and transit facilities. The subject property is minutes from the 91FWY. (Location Location Location)
The subject property is a parcel of land suitable for development of multiple family residential use. County records indicate APNs 145-271-011 & 022 are in conjunction with APN 145-271-014 having a combined total land area of 43995 square feet (1.01 acre). The subject property is zoned R4, high-density, which allows up to 40 dwelling units per acre. The Seller has obtained Site Plan approval for 36 unit Condos project with 36 parking stalls and 7 guest parking stalls. The Site Plan can be modified & redesigned for your own individual architecture configuration. The subject property was recently appraised by one of the top Commercial Real Estate appraisers in Riverside, Curtis Rosenthal Inc & Associates an accredited MAI/FRICS appraiser with an valuation of $2,420,000.00. This appraisal is land value as the small dwelling would be a tear down. The subject property is listed $220,000.00 below appraised value. Both the Site Plan and appraisal will be available upon request.
Listing Agent
THOMAS J CALVA BROKER Brokerage Phone: 951-255-7477 License #00467722 Listed on: 09/20/2025
Property Details
Property Type
- Land
Lot Details
- 1.01 Acre Lot
- Density is 36-40 Units/Acre
- 145271014,145271022
- Property is zoned R4
Location
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 145271011
- $91 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 | $4,232 | $351,384 | $111,550 | $239,834 |
| 2023 | $4,232 | $515,000 | $210,000 | $305,000 |
| 2022 | $3,917 | $331,119 | $105,117 | $226,002 |
| 2021 | $3,857 | $324,627 | $103,056 | $221,571 |
| 2020 | $3,795 | $321,300 | $102,000 | $219,300 |
| 2019 | $3,746 | $315,000 | $100,000 | $215,000 |
| 2018 | $1,352 | $109,472 | $94,888 | $14,584 |
| 2017 | $1,328 | $107,327 | $93,028 | $14,299 |
| 2016 | $1,307 | $105,223 | $91,204 | $14,019 |
| 2015 | $1,287 | $103,644 | $89,835 | $13,809 |
| 2014 | $1,282 | $101,616 | $88,076 | $13,540 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/20/2025 09/20/25 | For Sale | $2,200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Grant Deed | $485,000 | First American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $363,750 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25222074
APN: 145-271-014
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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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