Property profile

1989 Atlanta Ave Riverside, CA 92507

OFF-MARKET
Office buildings
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Property ID
US09-3367541
16,888 SF 1.76 ac Built 1986
Last sale Jul 2020·$4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a combined office and classroom facility featuring a reception area and a flexible interior layout. The building includes ten (10) large classrooms and three (3) small classrooms, supported by a breakroom, multiple offices, and a conference room. There are three (3) restrooms serving both office and classroom needs. The overall configuration supports simultaneous classroom instruction and office functions, with approximately ten (10) offices distributed throughout the facility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$2.49M
Assessed land$713k
Assessed improvement$1.78M
Effective rate1.12%

Value estimate

· Nov 2026
$4.93M
$4.44M – $5.42M
AI approach$4.61M
CAP approach$5.25M
Submarket $/SF estimate$2.96M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$169 – $250

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand index
Spa & Massage19.3
Dental Office18.3
Hair Salon17.8

Location

1989 Atlanta Ave Riverside, CA 92507-2460
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2020 Iowa, Riverside, CA 92507-0520 $19,028,500 Nov 2024 24,012 SF
2002 Iowa, Riverside, CA 92507-0519 $19,028,500 Aug 2024 18,816 SF
1945 Chicago Ave, Riverside, CA 92507-2369 $1,065,000 Mar 2023 10,609 SF
2720 Gtwy, Riverside, CA 92507-0921 $2,724,000 Sep 2022 18,539 SF
6296 Riv Crst, Riverside, CA 92507-0742 $6,455,000 Jun 2022 32,610 SF
1040 Iowa, Riverside, CA 92507-9400 $16,750,000 Jan 2022 35,104 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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