Property profile

2038 Iowa Ave Riverside, CA 92507

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US09-0176001
18,816 SF 0.53 ac Built 1989
Last sale Nov 2024·$19,028,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
2038 Iowa Ave, Riverside, CA 92507 For Lease
Contact for pricing 7,116 SF available
2038 Iowa Ave, Riverside, CA 92507
View Listing

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?
$14k
Tax billed · 2024
Assessed value$2.57M
Assessed land$247k
Assessed improvement$2.33M
Effective rate0.55%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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?
7,699,028.57%
$135k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BMP
The business and manufacturing park zone is established to provide a district for low intensity and low impact industrial and office and ...
General categoryINDUSTRIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand index
Spa & Massage16.9
Dental Office16.2
Hair Salon15.7

Location

2038 Iowa Ave Riverside, CA 92507
County assessor Recorded deeds · 8 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
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
1989 Atlanta, Riverside, CA 92507-2460 $4,500,000 Jul 2020 16,888 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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Includes: Price & PSF · Cap rate · Location · Zoning

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