About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

245 Commercial Ave, Riverside, CA 92507

$480,000

Last sold 07/07/2026 after 113 Days

3
bed
1
bath
824
Sqft ($583/Sqft)

House not for sale

About 245 Commercial Ave

Property type House

Year built 1915

HOA fee $0/month

Lot size 8,712 Sqft

Movoto estimate

Rental estimate

Property description

Welcome to a rare opportunity to own in a well-established and highly desirable neighborhood. Offering generous space and endless potential, this home is perfect for those looking to create their dream living environment while building long-term value. The property features a functional layout suited for a variety of uses, offering the ability to customize the space to fit your specific needs. A standout feature is the second attached lot, providing additional room for storage, parking, or future development—an uncommon advantage that adds significant value and versatility. Enjoy a prime location close to major freeways, popular dining spots, and daily conveniences, making everyday living effortless. Whether you're a first-time buyer or looking for a home with long-term potential, this property presents an excellent opportunity in one of Riverside’s up-and-coming areas. Don’t miss the chance to make this home your own in a well-connected and thriving neighborhood.

Listed by

Listing Agent - Justin Tye

Listing Agent Contact: JT@ActiveRealty.com

Listing Office - Real Broker

Source: CRMLS

MLS#OC26059015 • last updated 3 months ago

Movoto checked CRMLS for data 3 minutes ago

Overview
Levels/Style	One, House
Type	Residential
SubType	Single Family Residence
Virtual Tour	N/A
Status	Closed
Living Area	824
Lot Size (Acres)	0.2
Lot Size (SqFt)	8712
Year Built	1915

Interior
Total # of Bathrooms	1
# Full Baths	1
Bathrooms	Shower In Tub
Total # of Bedrooms	3
Eating Area	In Kitchen, In Family Room, Area
Laundry	None
Flooring	Tile
Appliances	Refrigerator, Gas Range
Interior Features	Recessed Lighting

Exterior
Parking	Driveway
Lot Description	0-1 Unit/Acre, Front Yard, Back Yard, Yard
Patio/ Porch	None

Amenities / Utilities
Fireplaces	None
Sewer/ Septic	Public Sewer
Water Source	Public
Spa	None
Pool	None

Location
View	None
County	Riverside
Community Features	Street Lights
High School District	Riverside Unified
Directions	Main Streets Commercial & Center St
APN	247053012

$458K

Range: $412K-$503K

Last 30 days

Rental est.: $2,000/month

• Gross rent multiplier: 20.0

Lower your payment with the loan terms that fit you.

Jul 2026
MLS # OC26059015
Jul 8, 2026 Sold
$480,000 (+2.1%)
May 11, 2026 Pending
—
May 1, 2026 Price Change
$469,900 (-6.0%)
Apr 12, 2026 Price Change
$499,900 (-3.9%)
Mar 16, 2026 Listed
$520,000 (+8.3%)
Dec 2025
MLS # TR25188340
Dec 5, 2025 Sold
$480,000
Oct 31, 2025 Pending
—
Oct 1, 2025 Active
—
Aug 20, 2025 Listed
$499,999 (+11.1%)
Dec 2025
Public Records
Dec 5, 2025 Sold
$480,000 (-4.0%)
Mar 2024
MLS # CV24044620
Mar 4, 2024 Listed
$450,000 (+66.7%)
Jan 2019
Public Records
Jan 10, 2019 Sold
$270,000
Jan 2019
MLS # 18380898
Jan 10, 2019 Sold
$270,000
Jan 10, 2019 Sold
$270,000
Oct 13, 2018 Pending
—
Oct 13, 2018 Pending
—
Oct 9, 2018 Price Change
$270,000 (+1.9%)
Sep 13, 2018 Price Change
$265,000 (-1.5%)
Sep 7, 2018 Price Change
$269,000 (-3.6%)
Aug 30, 2018 Listed
$279,000
Aug 30, 2018 Listed
$279,000 (+43.1%)
Feb 2018
Public Records
Feb 21, 2018 Sold
$195,000 (+11.4%)
Feb 2018
MLS # IG17278822
Feb 21, 2018 Sold
$175,000 (-12.5%)
Feb 21, 2018 Sold
$200,000 (-7.0%)
Feb 2, 2018 Pending
—
Feb 2, 2018 Pending
—
Jan 27, 2018 Listed
—
Jan 27, 2018 Listed
—
Jan 18, 2018 Pending
—
Jan 18, 2018 Pending
—
Jan 16, 2018 Price Change
$215,000 (-20.3%)
Dec 22, 2017 Listed
$269,900
Dec 22, 2017 Listed
$269,900

Year Property taxes Tax assessment
2024
$3,888 +10.3%

$317,729 +4.04%
2023
$3,525 +1.9%

$305,393
2022
$3,458 +7.1%

$305,393 +9.75%
2021
$3,228 +0.8%

$278,251
2020
$3,204 +36.1%

$278,251 +1.04%
2019
$2,354 +709.2%

$275,399 +38.46%
2018
$291 +1.0%

$198,900 +1359.6%
2017
$288 +3.5%

$13,627 +4.03%
2016
$278 +0.7%

$13,099
2015
$277

—

245 Commercial Ave
$480K
—
92507
$649K 0% y/y
Riverside
$688K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
253 Commercial Ave, Riverside, CA 92507	$428,000	1/1	558	0.01
259 Commercial Ave, Riverside, CA 92507	$221,000	2/1	848	0.01
227 Commercial Ave, Riverside, CA 92507	$459,000	6/1	832	0.02
267 Commercial Ave, Riverside, CA 92507	$458,000	2/1	952	0.02
248 Highland Ave, Riverside, CA 92507	$458,000	5/1	744	0.02
215 Commercial Ave, Riverside, CA 92507	$503,000	3/1	1,242	0.03
228 Highland Ave, Riverside, CA 92507	$572,000	4/2	1,372	0.04
214 Highland Ave, Riverside, CA 92507	$668,000	3/—	1,723	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.