4060 Chestnut Street, Riverside, CA 92501
Commercial property
Sold May 2025
Listing Agent: BRENT LEE (DRE #01292311) · Listing Office: Tower Agency · Contact: 951-505-9362 · Bought with: DEMARCO FLETCHER · EXP REALTY OF CALIFORNIA INC · MLS #IV24205433 · Source: CRMLS
How this sale compares
4060 Chestnut Street sold for $920,000 in May 2025, 5.6% under its $975,000 list price, after 150 days on the market. It was first listed at $1,000,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Office building located in downtown Riverside within walking distance to the courts, City Hall, Mission Inn and more. This two-story 3,108+/- square foot office was built in 1990 and sits on .18 acres. A shared parking lot offers 40+ parking spaces and shared common areas that are managed by a management company for the owners of the office buildings in this complex. The layout of this building makes for a great single user or multi-user design with virtually a mirror image of the first and second floors with bathrooms upstairs and downstairs as well as a kitchenette on both levels. Currently being used by a counseling center and a financial services business but could make for a great building for attorneys, financial professionals, real estate/property management, and more.
Listing description from the May 2025 sale, as reported to CRMLS.
Sale history