1261 Center Street, Riverside, CA 92507

$525,000 Asking Price

2 beds
2 baths
1,260  sqft
Built in 1954

This is a very VERSATILE OPPORTUNITY as this property is zoned Commercial Office (CO) or can be a legal nonconforming Residential Use for people looking for a home with a back unit for guests or extended family members. Perhaps a live and work unit? The front House has 2 bedrooms, 1.5 bathrooms, and open living area with bonus entrance room which can be used as an office or bonus area. The home has been FULLY REMODELED with new paint, new tile flooring, ALL NEW BATHROOMS, and NEW KITCHEN. The back unit was a garage that has been converted to two separate rooms with an area for kitchenette, and an overhead shaded patio area. There are currently plumbing connections within a portion of the wall if you wanted to add a bathroom and convert into a FULL ADU for rental income! Or, just use as it currently sits which is a HOME OFFICE with guest bedroom for live in/work units. The yard in the back is very spacious and presents an opportunity to expand the back unit into a larger home. The property has also been UPGRADED TO ALL NEW PVC PLUMBING. Most of the fencing surrounding the lot is also brand new, and aesthetically pleasing as shown in photos. For Commercial Business Users, this property is also ideally located just seconds from the 215 FWY Offramp, and has approximately 17,000+ Cars Per Day along Center St, making for great visibility for potential customers. Local New Developments Include: Pulte Homes is poised to build a proposed 846 NEW HOMES (Summit Canyon), and a proposed new Shopping Center called the HIGHGROVE TOWN CENTER just up on Center St. In addition, KB HOMES HAS

Features & Amenities

Interior

Laundry:
Gas & Electric Dryer HU
Flooring:
Tile
A/C:
Other/Remarks
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Driveway, Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
C-O, 247042014
View:
Mountains/Hills,Neighborhood

Utilities

Water:
Public

Financial

Source:
California Regional MLS

This listing courtesy of:
Realty Masters & Associates, Robert Mendez

About Riverside, CA

Housing

Number of Units
117,460
Median Home Value
$425,369
Median Rent
$1,318

42.75% of housing units are renter occupied.

3.67% are vacant.

Commute

Car
75.18%
Public Transportation
2.06%
Walk to Work
1.69%
Work from Home
19.74%
Other
0.66%

The median travel time to work is 27 minutes.

People

Population
369,431
Median Age
33.20
Median Household Size
3.32

Education

High School
25.48%
Associate’s Degree
7.98%
Bachelor’s Degree
15.27%
Graduate Degree
10.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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