NOT LISTED FOR SALE

4506 University Ave Riverside, CA 92501

Downtown Riverside Neighborhood

Estimated Value: $894,000 - $1,076,000

6 Beds
2 Baths
4,152 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2025

Last sale price $950,000 $229 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,656 / mo

14 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Home Office
  • Spanish Architecture
  • No HOA
  • Park

About This Home

As of February 2025

Built in 1910 by renowned architects Eager & Hunt, the F.D. Lewis Mansion is a rare and significant piece of California history. Located in the highly desirable Mount Rubidoux Historic District, this approximately 6000 sq. ft. architectural gem combines innovative engineering with timeless design.
As the first earthquake-retrofitted home in California, this 6-bedroom, 2-bath Mission/Italianate-style residence was constructed with reinforced concrete and steel columns, showcasing its exceptional craftsmanship. Original features include quartersawn oak floors, a Batchelder tile fireplace, and a full size finished concrete basement, all of which add to its historic charm and potential. Lovingly held by the same family for three generations, this property is on the market for the first time in 60 years. A true diamond in the rough, it is a fixer-upper in need of restoration but offers strong bones and architectural integrity for those ready to bring it back to life. The home’s prime location is walking distance to Fairmount Park, Mount Rubidoux, and all the exciting dining, shopping, and entertainment options of Downtown Riverside. As a contributing property in the Mount Rubidoux Historic District, it is also eligible for the Mills Act, providing an incredible opportunity for property tax savings as part of its restoration. Schedule your private tour today and reimagine the possibilities of this unique piece of Riverside history!

Last Agent to Sell the Property

FREDERICK GORDON

NEST REAL ESTATE Brokerage Phone: 951-545-8846 License #01503278 Listed on: 12/02/2024

NEST REAL ESTATE

Last Buyer's Agent

Crystal Coleman

NEST REAL ESTATE License #01879574

NEST REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 12,197 Sq Ft Lot
  • Corner Lot
  • Property is zoned R1065

Parking

  • 3 Car Garage

Home Design

  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 4,152 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Mountain Views
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 2 / 15
  • Tax Tract Number 9000
  • Assessor Parcel Number 187033001
  • $66 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0.28 Acres

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1065
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 187033001
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4152.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 228.81
  • Room Type: Basement, Family Room, Formal Entry, Living Room, Primary Bathroom, Primary Bedroom, Office

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12197.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 302.00
  • Tax Lot: 2
  • Tax Tract Number: 9000
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jan 2, 2025
Sold by
Bought by
Seller's Agent
FREDERICK GORDON
NEST REAL ESTATE
Buyer's Agent
Crystal Coleman
NEST REAL ESTATE
List Price
$950,000
Sold Price
$950,000
Views
47
Current Estimated Value
$995,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,156
Avg. Annual Appreciation
3.32%
Original Mortgage
$645,000
Interest Rate
0.0685%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1995
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$950,000 Wfg National Title
-- --
-- --
-- First American Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $645,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $950,000 0.0% $229 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $950,000 -- $229 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,005 $281,049 $66,451 $214,598
2023 $3,005 $270,138 $63,872 $206,266
2022 $2,934 $264,842 $62,620 $202,222
2021 $2,903 $259,650 $61,393 $198,257
2020 $2,880 $256,989 $60,764 $196,225
2019 $2,825 $251,951 $59,573 $192,378
2018 $2,769 $247,011 $58,405 $188,606
2017 $2,719 $242,168 $57,260 $184,908
2016 $2,545 $237,421 $56,138 $181,283
2015 $2,507 $233,857 $55,296 $178,561
2014 $2,482 $229,278 $54,214 $175,064
Source: Public Records

Agents Affiliated with this Home

  • FREDERICK GORDON

    Seller's Agent in 2025

    FREDERICK GORDON

    NEST REAL ESTATE

    (951) 545-8846

    10 in this area

    31 Total Sales

    FREDERICK GORDON
    Section Image
  • Crystal Coleman

    Buyer's Agent in 2025

    Crystal Coleman

    NEST REAL ESTATE

    (951) 801-0924

    16 in this area

    42 Total Sales

    Crystal Coleman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24233331

California Regional Multiple Listing Service (CRMLS)

APN: 187-033-001

California Riverside County Riverside 92501 Downtown Riverside

4506 University Ave, Riverside, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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