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Highgrove 92507 Highgrove
245 Commercial Avenue
$480,000
● House - Off Market

245 Commercial Avenue

Riverside, CA 92507
bedrooms
3 Beds
bathrooms
1 Bath
square feet
824 Ft²
$2,357
Est. Monthly

About This Property

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.
Unit Size
824 Ft²
Days on Market
110 days
Land Size
0.20 acres
Price per sqft
$583
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

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Last updated: 4 months ago (CRMLS #OC26059015)

Price History

Date / Event Date Event Price
Jul 7, 2026 Sold
Sold
May 29, 2026 Price Increased $480,000
↑ $10K (2.2%)
Price Increased
May 29, 2026 In contract -
In contract
May 12, 2026 In contract -
In contract
May 2, 2026 Price Decreased $469,900
↓ $30K (6%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST RIVERSIDE
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01001
  • Legal Description 1: .10 ACRES M/L IN LOT 6 BLK 11 MB 007/033 SB EAST RIVERSIDE

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 042300

Zoning

  • Zoning: C1CP

Geography

  • Parcel: 247-053-012
  • Block: 11
  • Lot: 6
  • Municipality: RIVERSIDE
  • Latitude: 34.0164
  • Longitude: -117.335

    Address

  • Full Address: 245 Commercial Ave
  • Address - House Number: 245
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C068
  • 4-Digit Zip Code: 1115
  • Zip Code: 92507

Valuation

    Tax

  • Total Area: 824
  • Tax Year: 2023
  • Tax Amount: $352,504
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 088-044

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 462,822
  • High Value: 551,080
  • Low Value: 374,563

    Market Valuation

  • Market Total Value: $324,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,393
  • Assessed Land Value: $88,112
  • Assessed Improvements Value: $217,281

    Sales

  • Current Sale Contract Date: Jan 08, 2019
  • Current Sale Recording Date: Jan 10, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019-0010685
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Contract Date: Feb 07, 2018
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highgrove


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Nearby Rentals

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Unit for rent at 716 N Orange Street, CA, 92501

$4,999 /mo

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716 N Orange Street, CA, 92501 Listing by Jonathan Minerick
Unit for rent at 19173 Sequoia Grove Street, RIVERSIDE, CA, 92507

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,204 ft²
19173 Sequoia Grove Street, RIVERSIDE, CA, 92507 Listing by Paulin Noaman


Frequently Asked Questions

When was property at 245 Commercial Avenue built and last sold?
The property at 245 Commercial Avenue was built in 1915 and last sold on Jan 8, 2019 for $270,000.
How much is this home worth?
The estimated value of the home located at 245 Commercial Avenue is $458,935.
What are some comparable homes to 245 Commercial Avenue?
There are currently no comparable homes to 245 Commercial Avenue.