577 West La Cadena Drive

Closed 2/20/25
Closed 2/20/25
Gallery Image 1
Sold
Last Sold Price
$340,000
3 beds1,406 sqft$242/sqft
577 W La Cadena Dr, Riverside, CA 92501
Mixed UseProperty Type
10,019 sq ftLot Size
1936Year Built
$242/sq ftPrice per sq ft
6 carsParking Spaces

Description

Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications. This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of...Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications. This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of getting building permits which may be transferred to the new owner which will save you thousands of dollars! Can also be used for Truck parking, the potential is limitless. Call today!
  • Listed by: Gary NIckels DRE #02059145 Brokerage DRE #01904376 • KELLER WILLIAMS REALTY 9512270068
  • Listed by: JOHN FOX DRE #02083482 Brokerage DRE #01904376 • KELLER WILLIAMS REALTY
Listing closed: 02/20/2025 12:00 AM • Source: CRMLS, MLS#: CV24230857

Recent comparable sales

Median sold price

$276,750

Avg days on market

52

Sale-to-list ratio

97.5%

Riverside, CA

9 comparable properties found

1

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Sold 07/28/26

3
Bedrooms
2.25
Bathrooms
1,286
Square Feet
Unavailable
Acres

7072 Olive Grv Street, Riverside, CA 92507

2

$275,000

Sold 04/28/25

3
Bedrooms
2
Bathrooms
1,260
Square Feet
0.17
Acres

642 Tulare Avenue, Riverside, CA 92507

3

$267,500

Sold 06/15/26

3
Bedrooms
2.25
Bathrooms
1,567
Square Feet
Unavailable
Acres

7036 Olive Grv Street, Riverside, CA 92507

4

$264,500

Sold 05/05/26

3
Bedrooms
2.25
Bathrooms
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Square Feet
Unavailable
Acres

7048 Olive Grv Street, Riverside, CA 92507

5

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Sold 12/16/25

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1,337
Square Feet
Unavailable
Acres

19116 Chestnut Grv Court, Riverside, CA 92507

a front view of a house with garden
6

$420,000

Sold 06/24/25

3
Bedrooms
1,196
Square Feet
0.03
Acres

1021 Clark Street, Riverside, CA 92501

a view of a couches on the roof deck
7

$383,000

Sold 02/26/26

3
Bedrooms
1,170
Square Feet
Unavailable
Acres

1471 Clemson Way, Riverside, CA 92507

$385,000 | 1411 Clemson Way, Riverside, CA 92507
8

$385,000

Sold 09/09/26

3
Bedrooms
1,170
Square Feet
Unavailable
Acres

1411 Clemson Way, Riverside, CA 92507

$389,900 | 1390 Clemson Way, Riverside, CA 92507
9

$389,900

Sold 06/22/26

3
Bedrooms
1,170
Square Feet
Unavailable
Acres

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Location

Listing Courtesy of KELLER WILLIAMS REALTY, Gary NIckels, DRE #02059145; KELLER WILLIAMS REALTY, JOHN FOX, DRE #02083482

Sold By KELLER WILLIAMS REALTY, Gary Nickels, DRE #02059145

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$2,088 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,757

Property Taxes

$331

HOA Dues

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Property Information for 577 West La Cadena Drive

Property Details
  • MLS Type: Residential Income
  • County: Riverside County
  • Parking Spaces Total: 6
  • Private Pool: No
  • Total Units: 2.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 1406
  • Assessor Parcel Number: 246-181-017
  • Property Attached YN: false
  • Common Walls: No 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: 1406
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Entry Level: 1
  • Pool: No
  • Zoning: NSP-FMU
  • Senior Community: No
  • Parcel Number: 246181017
  • Area: Riverside (252)
  • Directions: From the 91E exit Columbia and make a right on Columbia. Go over bridge and make a slight right on Palmer St. Make left on La Cadena, Property will be on the left with the Larry H Park Billboard on the property.
Building Information
  • Stories: 1
  • Year Built: 1936
  • Lot Size: 0.23 AC / 10,019 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $18,000
  • Other Income 1: $18,000
  • Current Financing: Other
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 437
  • Tax Lot: 133
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Heating Type: None
  • Heating: None
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 577 West La Cadena Drive

DateEvent & SourcePriceAppreciation
Feb 20, 2025

Sold

CLAW #CV24230857MR

$340,000—
Feb 20, 2025

Sold

CRMLS #CV24230857

$340,000—
Feb 18, 2025

Sold (Public Record)

Public Record #1551589191

$340,000—
DateEvent & SourcePrice
02/20/2025

Sold

CLAW #CV24230857MR

$340,000
02/20/2025

Sold

CRMLS #CV24230857

$340,000
02/18/2025

Sold (Public Record)

Public Record #1551589191

$340,000

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

Public Records for 577 West La Cadena Drive

Taxable ValueLand$209,100Additions$137,700Total$346,800
Tax Record2025$3,968 ($331 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,406 SqFtAbove Grade Finished SqFt1,406 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built1936Year Renovated1936ZoningCPCountyRIVERSIDEAPN246-181-017

Schools near 577 West La Cadena Drive

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Highgrove Elementary School
Public - K to 6
University Heights Middle School
Public - 7 to 8
John W. North High School
Public - 9 to 12
REACH Leadership STEAM Academy
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: 577 West La Cadena Drive, Riverside, CA 92501
$340,000
3
–
1,406
10,019
593 West La Cadena Drive, Riverside, CA 92501
–
–
–
2,400
–
3182 Cannes Avenue, Riverside, CA 92501
$107,825
3
1,072
7,840
3210 Cannes Avenue, Riverside, CA 92501
–
3
1.75
1,072
7,841
3198 Cannes Avenue, Riverside, CA 92501
$255,000
3
1,032
7,841
625 West La Cadena Drive, Riverside, CA 92501
$1,000,000
–
–
1,712
–

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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 KELLER WILLIAMS REALTY, Gary NIckels, DRE #02059145; KELLER WILLIAMS REALTY, JOHN FOX, DRE #02083482

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.