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Property profile & analytics
OFF-MARKET
Retail space

4398 Park Ave Riverside, CA 92507-4933

1,280 SF 0.04 ac lot Built 1776
Individually Owned 1-yr Hold Free & Clear
Property ID
US10-3295643
Property summary
AI-generated overview

This 2,000 square foot warehouse, situated on a 0.05-acre lot at 4398 Park Avenue in Riverside, CA 92507, presents a compelling investment opportunity. Located on a corner lot at the intersection of Park Avenue and 14th Street, this property benefits from high visibility and significant traffic volume due to its proximity to the busy 14th Street and a convenient location approximately half a mile from the 91 freeway. A traffic signal at the intersection ensures excellent accessibility. Ample street parking is available. The property is currently leased on a month-to-month basis to a fellowship group. This presents an ideal scenario for an owner-user seeking a high-traffic location to operate their business. The property is zoned commercial and is situated within a transit corridor. An adjacent property is also available for purchase for an additional $599,999, offering the potential for combined ownership and use, such as living in one property and operating a business in the other. The seller is open to financing options. This is a rare opportunity to acquire a well-located commercial warehouse in a thriving Riverside area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1776
Total area 1,280 SF
Lot 0.04 ac (1,742 SF)
Zoning code C2
APN 211-234-006
UPID US10-3295643
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Iglesia De Dios Pena De Horeb Church Mosque
  • Comunidad San Pedro Apostol Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Riverside Unified School District · 1 yrs held
Riverside Unified School District
since 2025
3 recorded transactions
2025
Price N/A
2003
$7,500
1994
Price N/A
Zoning & alternative use
C2 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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