Last Sold Price
1,000 sqft$275/sqft
255 Iowa Ave, Riverside, CA 92507

Description

Introducing an exceptional investment opportunity in Riverside, CA! This 9147 square foot lot is zoned for Scenic Commercial Highway (C-P-S). The lot includes a single family residence. Conveniently located just off the Center St exit of the 215 interstate highway, this flat lot boasts high visibility and easy access, making it an ideal location for commercial development. With utility services already in place, this property is primed for your entrepreneurial vision. Located in the thriving Highgrove...Introducing an exceptional investment opportunity in Riverside, CA! This 9147 square foot lot is zoned for Scenic Commercial Highway (C-P-S). The lot includes a single family residence. Conveniently located just off the Center St exit of the 215 interstate highway, this flat lot boasts high visibility and easy access, making it an ideal location for commercial development. With utility services already in place, this property is primed for your entrepreneurial vision. Located in the thriving Highgrove area, this property is perfectly positioned for future growth, with several renowned builders developing hundreds of homes just a short distance away.
LISTING CLOSED: 10/03/2024 12:00 AM

  1. Listed by DWAYNE SEAH • DRE #02150970 • Brokerage DRE #01991628 • COMPASS • 909-363-0513

Property Details for 255 Iowa Avenue

Status
MLS #
IV23229859
Days on Market
261
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial Sale / Mixed Use
Year Built
-
Lot Size
0.21 AC / 9,148 SF
Lot Size Source
Assessor
Lot Size Dimensions
9147 sf
Building Area Total
1000
Building Area Units
Square Feet
Stories Total
1
Entry Level
0
Zoning
C-P-S
Parcel Number
247020007
Area
Riverside (252)
Directions
Heading Northbound on the I-215, exit Center St, fork right and at Iowa make a Left.

Recent comparable sales

Median sold price

$280,000

Avg days on market

46

Sale-to-list ratio

86.3%

[Riverside, CA]

9 comparable properties found

a house with a outdoor space
1

$400,000

Sold 06/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,500
Square Feet
0.11
Acres
$3,000,000 | 183 West La Cadena Drive, Riverside, CA 92501
2

$3,000,000

Sold 04/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
8,852
Square Feet
0.65
Acres
$270,000 | 0 Center Street, Riverside, CA 92501
3

$270,000

Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres
$210,000 | 0 Clark Street, Riverside, CA 92501
4

$210,000

Sold 03/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
a view of a city from a terrace
5

$270,000

Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres
a view of a city
6

$280,000

Sold 04/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
a view of a city
7

$280,000

Sold 04/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
$580,000 | 6837 Weaver Street, Riverside, CA 92504
8

$580,000

Sold 02/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
940
Square Feet
0.48
Acres
a house view with a outdoor space
9

$500,000

Sold 08/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres

Location

Listing Courtesy of COMPASS, DWAYNE SEAH, DRE #02150970

Sold By Arroyo Properties, Inc., Jose Aqueveque, DRE #00674496

Add your commute

Building Information for 255 Iowa Avenue

Stories1Residences-Year Built-Building Size-Lot Size0.21 AC / 9,148 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,664 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,398

Property Taxes

$266

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 255 Iowa Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Level, Value In Land
  • Land Use: Other
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit Information
  • Number Of Buildings: 1

Property History for 255 Iowa Avenue

DateEvent & SourcePriceAppreciation
Oct 3, 2024

Sold

CRMLS #IV23229859

$275,000
Oct 1, 2024

Expired

CLAW #IV23230370MR

$275,000
Oct 1, 2024

Expired

CRMLS #IV23230370

DateEvent & SourcePrice
10/03/2024

Sold

CRMLS #IV23229859

$275,000
10/01/2024

Expired

CLAW #IV23230370MR

$275,000
10/01/2024

Expired

CRMLS #IV23230370

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

Public Records for 255 Iowa Avenue

Taxable ValueLand$260,100Additions$20,400Total$280,500
Tax Record2025$3,195 ($266 / month)
Home Facts
Beds0Total Finished SqFt857 SqFtAbove Grade Finished SqFt857 SqFtStories1Lot Size9,148 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1940ZoningCPSCountyRIVERSIDEAPN247-020-007

Schools near 255 Iowa Avenue

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Highgrove Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

John W. North High School
Public9 to 12

REACH Leadership STEAM Academy
CharterK to 6

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 255 Iowa Avenue, Riverside, CA 92507
$275,000
1,000
9,148
$180,000
2,000
$55,000
1,223
$2,550,000
2,011
59,677
$640,000
2,042
1,975

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 COMPASS, DWAYNE SEAH, DRE #02150970

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.