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

5055 Central Ave, Riverside, CA 92504

$850,200

Last sold 12/15/2017 for $540K

3
bed
2
bath
2,941
Sqft ($184/Sqft)

House not for sale

About 5055 Central Ave

Property type House

Neighborhood

Year built 1946

HOA fee $0/month

Lot size 1.88 Acre

Movoto estimate

Parking 5 garage spaces

Rental estimate

Property description

Honey.Stop.The.Car!!! This is it!!! Location Location Location in the beautiful city of Riverside!!! Priced to sell!!!Originally built in 1946, upgraded to an entertainment property in the 1960s on almost 2 acres of land opportunity with front and private back access. Minutes to Downtown Riverside and the majestic Mission Inn Hotel & Spa, Riverside City College, University of California Riverside, shopping, dining and entertainment. Beautifully manicured landscaping in the front with circular driveway. With the right creative mind, vision and some TLC, this beauty can be brought back to its glory days. Separate rental unit in the back with potential rental income. Approx. 2,000 sqft workshop with 2 pole auto lift, rolling gantry, separately sectioned office with air conditioning, fully plumbed with air lines. Amble garage parking and RV parking. Pool with slide and diving board, pool house, changing rooms, bathroom, kitchen and barbeque. Yard has lots of fruit trees, all on automatic drip irrigation system.

Listed by

Listing Agent - TAMER YOUSSEF

Listing Office - RE/MAX TIME REALTY

Source: CRMLS

MLS#CV17218221 • last updated 8 years ago

Movoto checked CRMLS for data 3 minutes ago

Overview
Levels/Style	One, Ranch
SubType	Single Family Residence
Status	Closed
Living Area	2941
Lot Size (SqFt)	81893
Year Built	1946
Condition	Repairs Cosmetic

Interior
Total # of Bathrooms	2
# Full Baths	2
Total # of Bedrooms	3
Eating Area	In Kitchen
Laundry	Individual Room
Interior Features	Vacuum Central

Exterior
Parking	Driveway - Concrete, Garage - Three Door, Garage - Two Door, Gated, RV Access/Parking, Workshop, See Remarks
# Parking Spaces	5
# Garage Spaces	5
Lot Description	Back Yard, Front Yard, Garden, Horse Property, Landscaped, Lawn, Lot Over 40000 Sqft, Sprinklers Drip System

Amenities / Utilities
Fireplaces	Living Room
Sewer/ Septic	Conventional Septic
Water Source	Public

Location
View	Neighborhood, Peek-A-Boo, Trees/Woods
County	Riverside
Community Features	Curbs, Horse Trails, Sidewalks
High School District	Riverside Unified
Zoning	R1065
Directions	Central Ave./Palm Ave.
APN	226100003

$850K

Range: $778K-$922K

Last 30 days

Rental est.: $3,176/month

• Gross rent multiplier: 14.2

Lower your payment with the loan terms that fit you.

Dec 2017
MLS # CV17218221
Dec 17, 2017 Sold
$540,000
Dec 15, 2017 Sold
$540,000 (-8.5%)
Nov 2, 2017 Pending
—
Nov 2, 2017 Pending
—
Oct 6, 2017 Active
—
Oct 6, 2017 Contingent
—
Sep 20, 2017 Listed
$589,888
Sep 20, 2017 Listed
$589,888
Dec 2017
Public Records
Dec 15, 2017 Sold
$540,000

Year Property taxes Tax assessment
2024
$6,591 +0.5%

$614,424 +4.04%
2023
$6,560 +1.9%

$590,567
2022
$6,438 +1.4%

$590,567 +4.04%
2021
$6,346 +0.8%

$567,636 +1.04%
2020
$6,298 +2.7%

$561,816 +2.0%
2018
$6,134 +80.3%

$550,800 +2.0%
2017
$3,403 +6.9%

$540,000 +82.13%
2016
$3,185 +1.5%

$296,488
2015
$3,138

—

5055 Central Ave
$540K
Magnolia Center
$550K -4% y/y
92504
$647K +1% y/y
Riverside
$682K +2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5035 Central Ave, Riverside, CA 92504	$801,000	4/—	2,640	0.02
5081 Central Ave, Riverside, CA 92504	$660,500	3/2	2,021	0.03
5058 Central Ave, Riverside, CA 92504	$611,000	4/—	1,732	0.04
5072 Central Ave, Riverside, CA 92504	$604,000	4/2	1,265	0.04
5029 Central Ave, Riverside, CA 92504	$598,900	2/1	1,438	0.04
5046 Central Ave, Riverside, CA 92504	$613,300	3/2	1,290	0.05
5095 Central Ave, Riverside, CA 92504	$665,000	2/—	1,719	0.05
5082 Central Ave, Riverside, CA 92504	$577,900	4/1	1,312	0.05

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