245 Commercial Avenue Riverside, CA $ 480,000
245 Commercial Avenue
$ 480,000
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245 Commercial Avenue

Riverside, CA, 92507
$ 480,000
Bedrooms3 Baths1.0 Sq 824

Monthly Estimate*

$ 3,031

Listed by Real Broker
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Single Family Home for sale in Riverside, CA

for $480,000 with 3 bedrooms and 1 full bath. This 824 square foot home was built in 1915 on a lot size of 0.2.

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.

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Single Family Pending

Price

$ 480,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.2

Year Built

1915

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

OC26059015

Days on Market

102

Features
General
Living Area 824
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities NaturalGasAvailable SewerConnected WaterConnected
Appliances GasRange Refrigerator
HOA Fee 0
Garage Spaces 0
Patio/Porch Features None
Pool Features None
Year Built 1915
View None
Stories Count 1
Levels One
Property Subtype SingleFamilyResidence
Community Features StreetLights
County Riverside
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Full Baths 1
Special Listing Conditions Standard
Status Pending
Directions Main Streets Commercial & Center St
City Riverside
Entry Location 1
Senior Community Y/N false
High School District Riverside Unified
Number Of Units Total 1
MLS Area 252 - Riverside
Lot Size Units SquareFeet
Lot Size Square Feet 8712
Listing Terms Cash Conventional FHA
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://thephotodewd.hd.pics/245-Commercial-Ave/idx
Structure Type House
Living Area Units SquareFeet
Standard Status Pending
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional SingleFamilyResidence
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Interior
Interior Amenities EatInKitchen RecessedLighting AllBedroomsDown
Flooring Tile
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 1
Total Baths 1
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Exterior
Parking Features Driveway
Lot Features ZeroToOneUnitAcre BackYard FrontYard Yard
Water Source Public
Total Parking 0
Lot Size Area 8712
Spa false
Lot Size Acres 0.2
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Real Broker

Broker

JT@ActiveRealty.com

Email

Affordability Calculator

$3,031
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,031
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$480,000 2.15% Price Up
5/1/2026$469,900 -6.00% Price Down
4/12/2026$499,900 -3.87% Price Down
3/20/2026$520,000 Listed Price

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245 Commercial Avenue, Riverside, CA, 92507 is a Single Family Home for sale at $480,000 with 824 sqft and a lot size of 0.2. 245 Commercial Avenue has 3 bedrooms, 1.0 baths, and was built in 1915. The property's zip code is 92507 which is in Riverside, CA