About This Home
This 4-bedroom, 1-bathroom single family at 1222 Center Street in Riverside, CA is listed for $699,000 ($613 per sqft). Built in 1948, the home offers 1,140 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1948
- 0.15 acre lot
Property Details
Amenities
Prime Riverside investment and redevelopment opportunity with C-O (Commercial Office) zoning! Situated on a high-visibility corridor surrounded by established residential neighborhoods, newer development, and ongoing revitalization, this unique property is currently configured as a legal nonconforming residence, offering a rare combination of residential use and commercial zoning.
Ideal for investors, developers, owner-users, contractors, or business professionals seeking a strategic location with long-term upside. Situated on an approximately 6,534 sq. ft. lot, the existing structure presents an excellent value-add opportunity with the potential to renovate, modernize, or reimagine the property.
The C-O zoning provides added flexibility for a variety of potential office and commercial uses, while the existing legal nonconforming residential status creates a unique opportunity not often found in the marketplace. Conveniently located just minutes from Downtown Riverside, UCR, shopping, dining, employment centers, and major transportation routes, this property is well positioned in one of Riverside's growing corridors.
Whether you're looking for your next investment project, a future business location, or a property with redevelopment potential, this versatile property offers significant possibilities. Buyer to independently verify legal nonconforming status, zoning, permitted uses, land use, permits, and all development possibilities with the City of Riverside and other appropriate governmental agencies.
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1222 Center Street
Riverside, CA 92507
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Cooling
Questions & Answers
This 4-bedroom, 1-bathroom single family at 1222 Center Street is listed at $699,000 ($613/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1948, 0.15 acre lot. Interior Features: Tile Counters.
This property is listed by Michael Jameson and can be reached at 9513177058.
