2115 University

Riverside, CA 92507

$1,635,000
Price
—
Beds
—
Baths
3,412 Sq. Ft.
$479 / Sq. Ft.
3,412
Sq. Ft.
$479
per Sq. Ft.
a childrens park with lots of swings and slides
a sign on the side of a street
a patio with a table and chairs under an umbrella
a front view of house with yard
a view of a swimming pool with a yard and plants
a view of a patio with table and chairs under an umbrella with a small yard
a view of porch with a patio
an outdoor view of swimming pool
a front view of a house with a yard
a car parked in front of a house with a big yard
a view of a backyard with sitting area
a front view of a building with garden
a car parked in front of a building
a front view of a building with street
a front view of a building with street
a view of steet corner
a view of parking with cars parked
a view of a street with cars
a view of a street with cars
a cars parked on the side of a street

Description

What a privilege to own this excellent investment opportunity! This commercial property is located on a busy corner lot in the corner of University and Kansas Ave. It offers 2 detached buildings - one is currently a restaurant with a covered patio sitting area of 19x33 ft and there is an additional open space with more tables; The other building is a laundromat; It is on a large .41 acre lot with a total of 28 parking spaces, it offers high customer visibility, and access through both University...What a privilege to own this excellent investment opportunity! This commercial property is located on a busy corner lot in the corner of University and Kansas Ave. It offers 2 detached buildings - one is currently a restaurant with a covered patio sitting area of 19x33 ft and there is an additional open space with more tables; The other building is a laundromat; It is on a large .41 acre lot with a total of 28 parking spaces, it offers high customer visibility, and access through both University and Kansas Ave. Surrounded by other stablished business, plus there is a bus stop station next to the restaurant. It is also uniquely located near University of California -Riverside, has easy access to major roads, and freeways ensuring high customer visibility. YES, THE PROPERTY IS CLOSE TO 3 FREEWAYS - The 91, 60 and 215 freeways. ! All of which lead to major areas such as LA and Orange County!

Property Details for 2115 University

Total Units
2.0
Business Type
Laundromat, Restaurant
Lot Size Source
Assessor
Building Area Total
3412
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
211144014
LISTING UPDATED: 11/10/2025 05:05 AM

Property Details for 2115 University

StatusActive
MLS #IV25240272
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1982
Lot Size0.41 AC / 17,860 SF
CountyRiverside County

Location

Listing Courtesy of CASTANEDA REAL ESTATE, CONCY CASTANEDA, DRE #01467672; CASTANEDA REAL ESTATE, FIL CASTANEDA, DRE #01077756
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Building Information for 2115 University

Stories1Residences-Year Built1982Lot Size0.41 AC / 17,860 SF

Payment Calculator

$8,079 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,079

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2115 University

Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Current Use: Commercial
  • Current Use Comments: Restaurant, laundromat
  • Land Use: Other, Retail
  • Land Lease: No
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Retail
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $3,300
  • Unit Type Area: 1954
  • Unit Type Type: 1
  • Unit Type Description: Laundromat
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $4,200
  • Unit Type Area: 1320
  • Unit Type Type: 2
  • Unit Type Description: Restaurant
Unit Information
  • Number Of Units Leased: 2
  • Number Of Buildings: 2

Property History for 2115 University

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Listed (Active)

CRMLS #IV25240272

$1,635,000—
DateEvent & SourcePrice
10/15/2025

Listed (Active)

CRMLS #IV25240272

$1,635,000

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

Schools near 2115 University

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Longfellow Elementary School
Public - K to 6
University Heights Middle School
Public - 7 to 8
John W. North High School
Public - 9 to 12
Abraham Lincoln Continuation School
Public - 9 to 12
Rating
School
Distance
Longfellow Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

John W. North High School
Public9 to 12

Abraham Lincoln Continuation School
Public9 to 12

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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More information about 2115 University, Riverside, CA 92507

2115 University is a mixed use property for sale in Riverside, CA 92507. This property was listed for sale on October 15, 2025 by CASTANEDA REAL ESTATE, it's currently listed at $1,635,000. This listing's school district is Riverside Unified School District. Nearby schools include Longfellow Elementary School, University Heights Middle School and John W. North High School. 2115 University is a 0-bed, 0-bath, 3,412 sqft mixed use property built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CASTANEDA REAL ESTATE, CONCY CASTANEDA, DRE #01467672; CASTANEDA REAL ESTATE, FIL CASTANEDA, DRE #01077756

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.