4061 Mission Inn Avenue, Riverside, CA 92501
Commercial property · 2 recorded sales since 2020
Sold February 2020
Listing Agent: CHARLOTTE MCKENZIE (DRE #01721257) · Listing Office: COLDWELL BANKER REALTY · Contact: 951-237-2044 · Bought with: Tyler Hungerford · REALTY MASTERS & ASSOCIATES · MLS #IV19287437 · Source: CRMLS
About this commercial property
Welcome to “King’s Court”! This lovely courtyard office complex was built in 1923 by Dr. Josiah R. King as an 8-unit residential complex. It is one of several bungalow court developments that sprung up in Riverside during a time when there was a high demand for housing. In the late '60s the units were converted to office space as medical offices. Today these buildings are zoned as office/commercial use. According to the Riverside City Planners office, buyers could apply for a conditional variance to have the properties be residential again. This process would take 4-8 months but could be an option if you’re interested in building new residential living in Downtown Riverside. Downtown Riverside is currently growing both physically and economically, and this property is centrally located close to restaurants, entertainment, and businesses Downtown. Currently, there are 4 buildings totaling approximately 4,600 square feet of usable space. There are separate electric and gas meters for each of the 4 buildings which are currently configured as 5 offices. The buildings could be divided into as many as 8 separate spaces with separate entrances for each space. The parking lot and detached garage are off an alleyway at the back of the lot. There are parking spaces for up to 12 cars if you tandem park and the garage has 3 spaces and two storage units. This is a great opportunity to get prime property in a fast-growing area of the city, the possibilities are endless.
Listing description from the February 2020 sale, as reported to CRMLS.
Sale history
