This property boasts a prime location on Indiana Blvd, strategically set back from the street for convenient access. The lot spans 0.65 acres and features extensive flat usable land in both the front and back. Currently on a septic system, potential buyers can verify the status of sewer installation with Riverside County and the City of Riverside. A glance around the immediate vicinity showcases the potential and opportunity, especially given its proximity to numerous commercial businesses. The property is tenant-occupied (Do not disturb tenants) and the seller is seeking an investor interested in this property and three other adjacent lots that are also listed for sale. Of these, two lots are vacant, while the third, located at 8644 Indiana Ave, Riverside with Listing ID: IV23171673, features a house and is listed at $500,000. The seller is aiming for a 1031 exchange and has a preference to sell all properties as a package deal, totaling 1.35 acres. The property will be sold "as is" with a preference for cash offers.
Sold for $525,000
Listed by: OFFERCITY HOMES • RUPI AZROT • Contact: 951-638-4477
Bought with: Nation One Realty Group Corp
$525,000
8656 Indiana Ave, Riverside, CA 92504
3beds
1,692sqft
Single Family Residence
Built in 1895
0.65 Acres Lot
$639,100 Zestimate®
$310/sqft
$3,559 Estimated rent
Home value
$639,100
$582,000 - $697,000
$3,559/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
RUPI AZROT DRE #02050423 951-638-4477,
OFFERCITY HOMES
Bought with:
Yair Vargas Gomez, DRE #02062437
Nation One Realty Group Corp
Source: CRMLS,MLS#: IV23171268
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Converted Bedroom, Kitchen
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Tub Shower
Heating
- Central
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Built-In Range, Disposal
- Laundry: Outside
Features
- Balcony, Eat-in Kitchen, Bedroom on Main Level
- Flooring: Carpet
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,692 sqft
Property
Parking
- Parking features: Boat, Driveway, Gravel, RV Access/Parking, Uncovered
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Patio & porch: Covered
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 0.65 Acres
- Features: 0-1 Unit/Acre, Yard
Details
- Parcel number: 231171026
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Unknown
- Foundation: Raised
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Electric: Standard
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $494,700
- Annual tax amount: $5,556
- Date on market: 9/13/2023
- Cumulative days on market: 37 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2023 | Sold | $525,000-8.7%$310/sqft |
Source:  CRMLS #IV23171268 Report a problem | ||
| 10/23/2023 | Pending sale | $575,000$340/sqft |
Source: CRMLS #IV23171268 Report a problem | ||
| 10/2/2023 | Price change | $575,000-4.2%$340/sqft |
Source: CRMLS #IV23171268 Report a problem | ||
| 9/13/2023 | Listed for sale | $600,000$355/sqft |
Source: CRMLS #IV23171268 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,556 +3.4% | $494,700 +2% |
| 2024 | $5,374 +140.8% | $485,000 +148.9% |
| 2023 | $2,232 +1.9% | $194,860 +2% |
| 2022 | $2,191 +0.8% | $191,040 +2% |
| 2021 | $2,174 +0.7% | $187,295 +1% |
| 2020 | $2,158 +1.9% | $185,376 +2% |
| 2019 | $2,118 +1.9% | $181,742 +2% |
| 2018 | $2,077 +1.8% | $178,180 +2% |
| 2017 | $2,041 | $174,687 +2% |
| 2016 | $2,041 +8.3% | $171,262 +1.5% |
| 2015 | $1,886 +1% | $168,693 +2% |
| 2014 | $1,868 | $165,391 +16.5% |
| 2013 | -- | $142,000 -12% |
| 2012 | -- | $161,419 +2% |
| 2011 | -- | $158,255 +0.8% |
| 2010 | -- | $157,075 -0.2% |
| 2009 | -- | $157,450 +2% |
| 2008 | -- | $154,364 +2% |
| 2007 | -- | $151,339 +2% |
| 2006 | -- | $148,373 +2% |
| 2005 | -- | $145,464 +21.1% |
| 2003 | -- | $120,146 +2% |
| 2002 | -- | $117,791 +2% |
| 2001 | $1,211 +72.2% | $115,482 +77.7% |
| 2000 | $703 | $65,000 |
Find assessor info on the county website
Neighborhood: Presidential Park
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Hawthorne Elementary SchoolGrades: K-6Distance: 0.8 mi
- 5/10Chemawa Middle SchoolGrades: 7-8Distance: 0.5 mi
- 4/10Arlington High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$639,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$639,100
- California
- Riverside County
- Riverside
- 92504
- Presidential Park
- 8656 Indiana Ave
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