Center St #5, Riverside, CA 92501
OFF MARKET
Listed by David Covarrubias, MARCUS & MILLICHAP, (626) 319-2479 . Bought with MARCUS & MILLICHAP

$270,000

Last sold price

    Center St #5, Riverside, CA 92501

    Northside
    Currently Off Market - Sold Apr 7, 2025 for $270,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.97
    Lot/Land
    $140,000
    05/28/26
    -
    -
    1.77
    Lot/Land
    $255,000
    06/30/26
    -
    -
    1.61
    Lot/Land
    $87,500
    08/19/26
    -
    -
    1.61
    Lot/Land
    $87,500
    08/19/26
    -
    -
    2.15
    Lot/Land
    $175,000
    07/10/26
    -
    -
    2.72
    Lot/Land
    $165,000
    01/16/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.57
    $616,600
    3
    2
    1,206
    Off Market
    0.59
    $559,600
    3
    2
    1,104
    Off Market
    0.60
    $551,100
    3
    2
    1,080
    Off Market
    0.62
    $238,995+
    4
    2
    1,404
    -
    0.62
    $202,995+
    3
    2
    1,248
    -
    0.62
    $211,995+
    3
    2
    1,248
    -
    0.62
    $239,999
    4
    2
    -
    For Sale
    0.62
    $244,900
    4
    2
    1,512
    For Sale
    0.62
    $566,200
    3
    2
    1,581
    Off Market
    0.62
    $213,500
    3
    2
    1,200
    Off Market
    0.62
    $199,000
    3
    2
    1,170
    For Sale

    Local Information

    • Map ViewExplore the area around Center St #5.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    1.17 acre lot

    About this House

    We are pleased to present the opportunity to acquire land for multi-family development in Riverside, California. The property is 1.17 acres and is located at the south-east corner of Center Street and Placentia Lane. The site is triangular in shape and has more than 200 feet of frontage on both Center Street and Placentia Lane. According to the Riverside Northside Specific Plan, the land use designation for this site is medium high density and the zoning is R-3-3000. The site can be developed at a density up to fourteen dwelling units per acre. (Build 16 units on 1.17 acres, buyer to verify). With density bonuses permitted under state law, the residential density may exceed sixteen units, buyer to verify. Northside is a rapidly expanding neighborhood in the City of Riverside. The community is conveniently located at the busy intersection of three major freeways, California 91, California 60, and the Interstate 215. The City of Riverside has a vision for the Northside neighborhood to grow into a healthy and well-balanced community that celebrates the region’s history and promotes recreational activities. New developments within a two-mile radius of the subject property include the Northside Village Center and the Trujillo Adobe Heritage Village. Both sites provide a mixture of new residential units, office space, restaurants, community service providers and retail opportunities. Known as the Inland Empire, the Riverside-San Bernardino metro is a 28,000-square-mile region in Southern California composed of San Bernardino and Riverside counties. The metro contains a population of 4.6 million. The largest city is Riverside with more than 324,100 residents and the population has increased over 22 percent since 2000, while being forecasted to grow 2.3 percent over the next five years. Within a five-mile radius of the subject property, the average household income is $77,944 and the population is nearly 250,000.
    Center St #5, Riverside, CA 92501 is a lot/land in Northside. It last sold for $270,000 on Apr 7, 2025 (41% below the $457,000 asking price). This property is not currently displayed as for sale or rent on Trulia.

    Home Details for Center St #5

    Interior Features

    View
    Has a ViewView: Mountain(s)

    Exterior Features

    Frontage
    Not on Waterfront
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Cumulative Days on Market: 8

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 246040023

    Price & Status

    Price
    List Price: $457,000
    Status Change & Dates
    Off Market Date: Thu Mar 20 2025

    Active Status

    MLS Status: Closed

    Location

    Direction & Address
    City: Riverside

    Community

    Community Features: CurbsNot Senior Community

    HOA

    Association for this Listing: California Regional MLS

    Lot Information

    Lot Area: 1.17 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Cash to New Loan

    Miscellaneous

    Mls Number: CV25055103Living Area Range Units: Square FeetAttribution Contact: 626-319-2479Common Interest: NoneUniversal Property Id: US-06065-N-246040023-R-N

    Additional Information

    Curbs

    Price and Tax history

    DateEventPrice
    Apr 7, 2025
    Source: CRMLS #CV25055103
    Sold
    $270,000
    Mar 21, 2025
    Source: CRMLS #CV25055103
    Pending
    $457,000
    Mar 12, 2025
    Source: CRMLS #CV25055103
    Listed For Sale
    $457,000

    Market trends in Riverside

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $676K
    $20K
    MoM
    Sale-to-List Price
    100.0%
    Price per sq ft
    $378
    $4
    MoM
    Available listings
    703
    4
    MoM

    Around this home

    Neighborhood Overview

    Neighborhood stats provided by third party data sources.

    What Locals Say about Northside

    At least 51 Trulia users voted on each feature.
    • 89 % Say car is needed

    • 78 % Say there are sidewalks

    • 77 % Say parking is easy

    • 75 % Say it's dog friendly

    • 70 % Say yards are well-kept

    • 67 % Say streets are well-lit

    • 60 % Say there's holiday spirit

    • 59 % Say it's quiet

    • 58 % Say kids play outside

    • 47 % Say they plan to stay for at least 5 years

    • 43 % Say people would walk alone at night

    • 42 % Say neighbors are friendly

    • 27 % Say it's walkable to restaurants

    • 16 % Say it's walkable to grocery stores

    • 16 % Say there's wildlife

    • 13 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "responsible owner who protect public safety both human and animals; such as microchipping, licensing..etc"
    • Janessavolk
      "I never see anyone walking their dogs there is always dogs that have gotten out of their yards but they’re mostly lap dogs "
    • Judy K.
      "I’ve lived here for 8 years and love it. Very quiet neighborhood. People pretty much keep to themselves but are still friendly when you see them outside. Have never encountered anyone driving recklessly up and down the street. "
    • Yellow74typelt
      "Don’t let your kids play on the streets, people drive way too fast and too busy on their phones. Night time is not recommended to be out either. "
    • Jaguileramendez97
      "Lived here 20 years and love everything about it the art ,the people,the beautiful parks and awesome festivals and not to mention we have all types of entertainment "
    • karenholst68
      "Our family has lived here for six years. The entire neighborhood is clean, friendly, and quiet. Historic downtown is within two miles and includes the Mission Inn, the Fox Theatre, the Convention Center, the Riverside Art Museum, the University of California Riverside, upscale eateries and antiques galore. We really have the best of both worlds where we live: quiet, secure home five minutes from all the culture Southern California can offer. We love it here and so do our neighbors! We rarely have any homes that come up for sale, but when they do, they are bought up fast: we have less than three rental properties out of about twenty homes in our area and when someone new moves in, they usually are here to stay. Most everyone here really values their home and are here for the long-term investment. Good luck to everyone out there!"

    LGBTQ Local Legal Protections

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
    Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-24 13:13:32 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

    Frequently asked questions about Center St #5

    • What is the price history for Center St #5?
      Center St #5 in Riverside, CA last sold for $270,000 in April 2025.
    • Is Riverside a buyer's or seller's market?
      Riverside is currently a seller's market, based on recent for-sale activity.
    • What's the median sale price in Riverside?
      The median sale price in Riverside is $676K. That is up $20K from the prior month.
    • What do residents say about the Northside neighborhood?
      Residents describe the Northside neighborhood in Riverside, CA as pedestrian-friendly, easy to park in, and dog-friendly. See recently sold homes in Northside, Riverside.

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