1180 Central Avenue

Closed 12/27/23

Sold

Last Sold Price

$2,205,000

15 beds12 baths7,831 sqft

1180 Central Ave, Riverside, CA 92507

Multi FamilyProperty Type

0.32 acresLot Size

1975Year Built

$282/sq ftPrice per sq ft

7 carsParking Spaces

Description

Rare Opportunity to own this Multi Family in Riverside. First time in market in almost 50 years. Strategic location. Close to UC Riverside, shopping centers, restaurants & adjacent to Canyon Crest Country Club Course with exceptional views form 5 of 7 units. Most recent renovations are as follows: New landscaping, Newer water heater, New gas lines ( 5 months ago ), Newer roof ( welded down ), 3 of 7 units recently renovated, New paintings of moldings, frames, doors, fences, balconies, railings and...Rare Opportunity to own this Multi Family in Riverside. First time in market in almost 50 years. Strategic location. Close to UC Riverside, shopping centers, restaurants & adjacent to Canyon Crest Country Club Course with exceptional views form 5 of 7 units. Most recent renovations are as follows: New landscaping, Newer water heater, New gas lines ( 5 months ago ), Newer roof ( welded down ), 3 of 7 units recently renovated, New paintings of moldings, frames, doors, fences, balconies, railings and parking resealed and painted completely.

Listed by: Paul Sarkissian DRE #01452059 Brokerage DRE #01452059 • So-Cal Realty 310-892-7285

Listing closed: 12/27/2023 12:00 AM • Source: CRMLS, MLS#: GD23158084

Recent comparable sales

Median sold price

$2,115,000

Avg days on market

113

Sale-to-list ratio

87.3%

$2,325,000

Sold 08/21/26

5
Bedrooms: 8
Bathrooms: 8,385
Square Feet: 1.5
Acres

6959 Wyndham Hill Drive, Riverside, CA 92506

$2,395,000

Sold 11/13/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 6,546
Square Feet: Unavailable
Acres

3750 Santa Fe Avenue, Riverside, CA 92507

$2,000,000

Sold 09/29/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,460
Square Feet: Unavailable
Acres

3631 Tenth Street, Riverside, CA 92501

$2,115,000

Sold 08/27/26

6
Bedrooms: 7
Bathrooms: 6,712
Square Feet: 0.66
Acres

670 Pinnacle Ridge Road, Riverside, CA 92506

$1,750,000

Sold 03/11/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,382
Square Feet: Unavailable
Acres

3506 9th Street, Unit 3544, Riverside, CA 92501

$2,085,000

Sold 08/07/26

5
Bedrooms: 7
Bathrooms: 6,785
Square Feet: 2.04
Acres

14420 Merlot Court, Riverside, CA 92508

$2,750,000

Sold 08/19/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,375
Square Feet: Unavailable
Acres

3573 University Avenue, Riverside, CA 92501

$2,040,000

Sold 12/02/25

6
Bedrooms: 6
Bathrooms: 5,084
Square Feet: 0.78
Acres

5662 Royal Ridge Court, Riverside, CA 92506

$2,525,000

Sold 07/13/26

6
Bedrooms: 7
Bathrooms: 6,636
Square Feet: 1.05
Acres

7252 Boice Lane, Riverside, CA 92506

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Location

Listing Courtesy of So-Cal Realty, Paul Sarkissian, DRE #01452059

Sold By NONMEMBER MRML, BLAKE TORGERSON, DRE #01919955

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$13,498 per month

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Principal and Interest

$11,394

Property Taxes

$2,104

HOA Dues

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Property Information for 1180 Central Avenue

Property Details

MLS Type: Residential Income / Res Income 2-4 Units
County: Riverside County
Parking Spaces Total: 7
Private Pool: No
Total Units: 7.0
Lot Size Source: Assessor
Property Attached YN: true
Common Walls: 2+ Common Walls
New Construction: No
Average Studio Area Units: Square Feet
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Building Area Total: 7831
Building Area Units: Square Feet
Stories Total: 2
Entry Level: 2
Zoning: R3
Senior Community: No
Parcel Number: 254162008
Area: Riverside (252)
Directions: Corner of Central ave and Via Viejo

Building Information

Stories: 2
Year Built: 1975
Lot Size: 0.32 AC / 13,939 SF

Income / Expense / Tax Details

Income Details

Gross Income: $160,037
Gross Scheduled Income: $160,037

Net Operating Income: $107,429

Expense Details

Operating Expense: $52,607
Fuel Expense: $5,000

Electric Expense: $689
Insurance Expense: $4,488
Professional Management Expense: $8,636
Trash Expense: $2,588
Water Sewer Expense: $1,398
Total Expenses: $22,799

Tax / Assessment Info

Tax Tract Number: 3164
Tax Census Tract: 422.06

CFD/Mello-Roos Fee: $291
Tax Lot: 54

Community / Development

Community Features: Biking, Curbs, Golf, Sidewalks

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Individual Room

Exterior Features

Entry Location: front
Pool Features: None

Pool: N/K
Pool Heat: N/K

Land/Lot Info

Lot Features: 6-10 Units/Acre
Land Lease: No

Land Lease Amount: $0
Sewer: Public Sewer
Water Source: Public

Parking Info

Garage Spaces: 7
Parking: Yes

Parking Features: Assigned

Property / Structure Info

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,300
Unit Type Total Rent: $2,300
Unit Type Pro Forma: 2400
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,650
Unit Type Total Rent: $1,650
Unit Type Pro Forma: 1850
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,200
Unit Type Total Rent: $2,200
Unit Type Pro Forma: 2300
Unit Type Type: 3

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,750
Unit Type Total Rent: $1,750
Unit Type Pro Forma: 1850
Unit Type Type: 4

Unit 5

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,650
Unit Type Total Rent: $1,650
Unit Type Pro Forma: 1850
Unit Type Type: 5

Unit 6

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,505
Unit Type Total Rent: $1,505
Unit Type Pro Forma: 1750
Unit Type Type: 6

Unit 7

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,700
Unit Type Total Rent: $1,700
Unit Type Pro Forma: 1750
Unit Type Type: 7

Unit Information

Number Of Units Leased: 5
Rent Controlled: Yes

Number Of Buildings: 2
Number Of Separate Electric Meters: 7
Number Of Separate Gas Meters: 7
Number Of Separate Water Meters: 0

Property History for 1180 Central Avenue

Date	Event & Source	Price	Appreciation
Dec 27, 2023	Sold CRMLS #GD23158084	$2,205,000	—
Dec 27, 2023	Sold SDMLS #GD23158084	$2,205,000	—
Dec 20, 2023	Sold (Public Record) Public Record #1524358812	$2,205,000	—
Dec 7, 2023	Pending SDMLS #GD23158084		—
Nov 6, 2023	Price Change CRMLS #GD23158084	$2,495,000	—
Oct 19, 2023	Price Change CRMLS #GD23158084	$2,595,000	—
Sep 27, 2023	Price Change CRMLS #GD23158084	$2,695,000	—
Aug 23, 2023	Listed (Active) CRMLS #GD23158084	$2,895,000	—
Aug 22, 2023	Listed (Active) SDMLS #GD23158084	$2,895,000	—
Jun 22, 2017	Expired CRMLS #22176761	$1,179,000	—
Jan 1, 2014	Expired CRMLS #22176761		—
Dec 31, 2013	Expired VCF #P0-22176761	$1,179,000	—
Dec 31, 2013	Expired CLAW #22176761IT	$1,179,000	—
Dec 31, 2013	Expired SDMLS #22176761		—
Sep 22, 2013	Withdrawn / Cancelled CRMLS #22176761		—
Jun 20, 2013	Listed (Active) CRMLS #22176761	$1,179,000	—
Jun 20, 2013	Listed (Active) SDMLS #22176761	$1,179,000	—
Jun 20, 2013	Listed (Active) VCF #P0-22176761	$1,179,000	—
Jun 20, 2013	Listed (Active) CRMLS #22176761	$1,179,000	—
Jun 20, 2013	Listed (Active) CLAW #22176761IT	$1,179,000	—

Date	Event & Source	Price
12/27/2023	Sold CRMLS #GD23158084	$2,205,000
12/27/2023	Sold SDMLS #GD23158084	$2,205,000
12/20/2023	Sold (Public Record) Public Record #1524358812	$2,205,000
12/07/2023	Pending SDMLS #GD23158084	—
11/06/2023	Price Change CRMLS #GD23158084	$2,495,000
10/19/2023	Price Change CRMLS #GD23158084	$2,595,000
09/27/2023	Price Change CRMLS #GD23158084	$2,695,000
08/23/2023	Listed (Active) CRMLS #GD23158084	$2,895,000
08/22/2023	Listed (Active) SDMLS #GD23158084	$2,895,000
06/22/2017	Expired CRMLS #22176761	$1,179,000
01/01/2014	Expired CRMLS #22176761	—
12/31/2013	Expired VCF #P0-22176761	$1,179,000
12/31/2013	Expired CLAW #22176761IT	$1,179,000
12/31/2013	Expired SDMLS #22176761	—
09/22/2013	Withdrawn / Cancelled CRMLS #22176761	—
06/20/2013	Listed (Active) CRMLS #22176761	$1,179,000
06/20/2013	Listed (Active) SDMLS #22176761	$1,179,000
06/20/2013	Listed (Active) VCF #P0-22176761	$1,179,000
06/20/2013	Listed (Active) CRMLS #22176761	$1,179,000
06/20/2013	Listed (Active) CLAW #22176761IT	$1,179,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1180 Central Avenue

Taxable ValueLand$728,280Additions$1,565,802Total$2,294,082

Tax Record2025$25,250 ($2,104 / month)

Home Facts

Total Finished SqFt8,157 SqFtAbove Grade Finished SqFt8,157 SqFtStories1Lot Size13,939 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1969ZoningR3CountyRIVERSIDEAPN254-162-008

Schools near 1180 Central Avenue

This home is within Riverside Unified School District.


Rating	School	Type	Grades	Distance
5/10	Emerson Elementary School	Public - Serves this home	K to 6	1.2 mi
5/10	University Heights Middle School	Public - Serves this home	7 to 8	2.3 mi
5/10	John W. North High School	Public - Serves this home	9 to 12	2.0 mi
9/10	Riverside STEM Academy	Public - Choice school	5 to 12	1.7 mi
6/10	REACH Leadership STEAM Academy	Charter - Choice school	K to 6	1.8 mi
2/10	Abraham Lincoln Continuation School	Public - Choice school	9 to 12	2.0 mi


Rating	School	Distance
5/10	Emerson Elementary School PublicK to 6 Serves this home	1.2 mi
5/10	University Heights Middle School Public7 to 8 Serves this home	2.3 mi
5/10	John W. North High School Public9 to 12 Serves this home	2.0 mi
9/10	Riverside STEM Academy Public5 to 12 Choice school	1.7 mi
6/10	REACH Leadership STEAM Academy CharterK to 6 Choice school	1.8 mi
2/10	Abraham Lincoln Continuation School Public9 to 12 Choice school	2.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1180 Central Avenue, Riverside, CA 92507	$2,205,000	15	12	7,831	13,939
5270 Vía Viejo, Riverside, CA 92507	$649,500	6	4	2,717	16,553
1160 Central Avenue, Riverside, CA 92507	–	–	–	19,048	26,136
5265 Vía Viejo, Riverside, CA 92507	$720,000	4	2	1,911	13,939
1195 Vía Pintada, Riverside, CA 92507	$834,000	3	2	1,651	15,246
1144 Blazewood Street, Riverside, CA 92507	$461,475	4	3	3,077	13,068
5285 Vía Viejo, Riverside, CA 92507	–	3	1.75	1,651	12,632
1140 Blazewood Street, Riverside, CA 92507	$440,500	3	2	1,791	13,504
1148 Blazewood Street, Riverside, CA 92507	$390,000	3	1.75	1,778	13,068
1150 Central Avenue, Riverside, CA 92507	–	–	–	8,807	13,068
1165 Vía Pintada, Riverside, CA 92507	–	4	1.75	1,911	13,504
5295 Wainwright Court, Riverside, CA 92507	$416,000	3	2	1,757	11,761
1235 Vía Pintada, Riverside, CA 92507	$700,000	4	2	1,911	23,087
1152 Blazewood Street, Riverside, CA 92507	$542,000	3	3	1,932	13,504
1155 Vía Pintada, Riverside, CA 92507	–	3	1.75	1,651	11,761
1210 Vía Pintada, Riverside, CA 92507	$615,000	4	2	1,911	14,375

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of So-Cal Realty, Paul Sarkissian, DRE #01452059

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Riverside, CA

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