577 W La Cadena Dr Riverside, CA 92501
Northside NeighborhoodHighlights
- Corner Lot
- No Heating
- 1-Story Property
About This Home
As of February 2025Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications.This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of getting building permits which may be transferred to the new owner which will save you thousands of dollars! Can also be used for Truck parking, the potential is limitless. Call today!
Last Agent to Sell the Property
KELLER WILLIAMS REALTY Brokerage Phone: 9512270068 License #02059145
Last Buyer's Agent
KELLER WILLIAMS REALTY Brokerage Phone: 9512270068 License #02059145
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,893
Year Built
- Built in 1936
Lot Details
- 10,019 Sq Ft Lot
- No Common Walls
- Corner Lot
- Density is 2-5 Units/Acre
Interior Spaces
- 3 Bedrooms
- 1,406 Sq Ft Home
- 1-Story Property
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Additional Features
- Urban Location
- No Heating
Listing and Financial Details
- Tax Lot 133
- Tax Tract Number 437
- Assessor Parcel Number 246181017
- $63 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Gross Income $18,000
- Net Operating Income $18,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $340,000 | -20.9% | $242 / Sq Ft |
| 01/11/2025 01/11/25 | Pending | -- | -- | -- |
| 01/03/2025 01/03/25 | Price Changed | $430,000 | -4.4% | $306 / Sq Ft |
| 11/08/2024 11/08/24 | For Sale | $450,000 | +30.4% | $320 / Sq Ft |
| 03/18/2024 03/18/24 | Sold | $345,000 | -8.0% | $245 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 12/19/2023 12/19/23 | For Sale | $375,000 | 0.0% | $267 / Sq Ft |
| 12/11/2023 12/11/23 | Price Changed | $375,000 | -24.8% | $267 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | For Sale | $499,000 | +44.6% | $355 / Sq Ft |
| 10/25/2023 10/25/23 | Off Market | $345,000 | -- | -- |
| 10/03/2023 10/03/23 | For Sale | $499,000 | -- | $355 / Sq Ft |
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 |
|---|---|---|---|---|
| 2023 | $3,893 | $77,479 | $27,251 | $50,228 |
| 2022 | $830 | $75,961 | $26,717 | $49,244 |
| 2021 | $833 | $74,473 | $26,194 | $48,279 |
| 2020 | $826 | $73,710 | $25,926 | $47,784 |
| 2019 | $810 | $72,266 | $25,418 | $46,848 |
| 2018 | $794 | $70,850 | $24,920 | $45,930 |
| 2017 | $780 | $69,462 | $24,432 | $45,030 |
| 2016 | $733 | $68,101 | $23,953 | $44,148 |
| 2015 | $721 | $67,081 | $23,595 | $43,486 |
| 2014 | $724 | $65,769 | $23,134 | $42,635 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $321,500 | New Conventional | |
| Previous Owner | $110,117 | No Value Available | |
| Previous Owner | $83,000 | Unknown | |
| Previous Owner | $64,600 | Unknown | |
| Previous Owner | $56,000 | Unknown |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $340,000 | California Best Title | |
| Grant Deed | $345,000 | First American Title | |
| Grant Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24230857
APN: 246-181-017
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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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