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Historic Mixed-Use Building
For Sale
$749,999

3875 11th, Riverside, CA 92501

Riverside, CA

Property Size2,635 SF
Lot Size0.13 Acres
Price / SF$284.63
Days on Market107

Property Features for 3875 11th

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 5
Bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Living Room, Bedroom 1, Bedroom 3
Fireplace 1
Lot features Front Yard
Elementary school district Riverside Unified
Middle school district Riverside Unified
High school district Riverside Unified
Directions Located off of Market Street and 11th Street
Subdivision 252 - Riverside
Standard status Active
APN 215091011
Size 2,635 SF
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1903
Floors in Building 2
Number of units 1
Roof type Composition
Listing Agency: First Team Real Estate
Listed By: Erin Williamson · License #01168509
Added: Jun 22 Changed: Oct 6 Last Checked: Oct 6 at 10:06AM
MLS# PW26132751

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1903, this 2,635-square-foot mixed-use property combines a professional office layout with residential-style interior spaces. The building includes multiple office and flex-use areas, five bedrooms, a living room with fireplace, a parlor, a reception area, a converted kitchen, and bathrooms configured for client access. Central heating and central air support year-round use, while the property is served by public water and public sewer and has a composition roof.

The 0.13-acre property is in Riverside and offers walking access to Downtown Riverside, the Mission Inn, the courthouse, dining, shopping, and entertainment. Its prior operation as a law office provides a documented professional-use history, while the existing room arrangement supports a live-work configuration or other office-oriented layout, subject to applicable requirements.

Key Highlights

  • 2,635‑square‑foot mixed‑use property on 0.13 acres
  • Built in 1903 with period character and multiple office areas
  • Five bedrooms, living room with fireplace, parlor, and reception area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,616
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,320 $1.1M
Cap Rate 7%
$780,229 $780.2K
Cap Rate 9%
$606,844 $606.8K
Market Conditions
NOI Build-Up for 2,635 SF
Gross rent
$77.5K $29.40/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$72.8K $27.64/SF
− OpEx
−$18.2K −$6.91/SF
NOI
$54.6K $20.73/SF
Area
Riverside, CA
Vacancy
6.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,320
Cap Rate 7%
$780,229
Cap Rate 9%
$606,844

Alternative Uses

Best Use
Office B
$780.2K
$682.7K – $910.3K (±1% cap)
NOI $54,616 @ 7.0% cap · market cap 7.28%
Second Best
Mixed Use
$536.4K
$469.4K – $625.8K (±1% cap)
NOI $37,549 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$904.0K
$791.0K – $1.05M (±1% cap)
NOI $63,280 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Jesse L Valenzuela ... Law Firm Law Offices of Valenzuela ... Consultant Valenzuela Mario L Law Firm

Suggested Use

Top Pick Dental Office Storage Facility Grocery & Convenience Store Electrical Service Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,346
Businesses Nearby

Demographics for 92501, CA

22,017
Population
7,488
Households
2.9
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
5.6 sq mi
ZIP Area
3,932
Density / Sq Mi
$83,027
Median Household Income
$41,780
Median Earnings
$1,615
Median Rent
$466,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 1903 property combining office areas with residential-style rooms, central HVAC, and a fireplace.
Where is this mixed-use property located?
The property is located at 3875 11th Riverside, CA.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 2,635‑square‑foot mixed‑use property on 0.13 acres; Built in 1903 with period character and multiple office areas; Five bedrooms, living room with fireplace, parlor, and reception area
More about this property
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