1071 Center Street, Riverside, California 92507, Riverside, 92507 - 4 bed, 2 bath
1071 Center Street
Riverside, California 92507
Property Price
SUMMARY
Analysis of 1071 Center Street, Riverside, California 92507 is currently available with a list price of $449,990. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Originally built in 1900, this mixed-use property requires substantial rehabilitation and modernization. The listing description and analysis indicate that significant capital investment is needed to 'unlock its full potential,' suggesting dated infrastructure, deferred maintenance, and the need for major system updates to the residential and commercial spaces.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Live-Work Layout
The property features a unique C-1/C-P zoned configuration with a spacious downstairs shop and warehouse paired with a 4-bedroom residence upstairs, offering a perfect turnkey solution for owner-operators.
- High-Visibility Commercial Location
Situated on a bustling street with convenient alley access and close proximity to major freeways, the site provides excellent exposure and logistical accessibility for a variety of business types.
- Substantial Square Footage
With 3,500 square feet of total usable space, the property offers significant utility and room for business expansion at a competitive price point for the Riverside area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1500, other record living area = 3500.
- Dated Infrastructure and Condition
Originally built in 1900, the property is noted as needing a 'personal touch,' suggesting that significant capital investment may be required for modernization and repairs.
- Niche Market Appeal
The mixed-use industrial nature and location on a busy commercial street may limit the buyer pool to specific entrepreneurs, potentially impacting future residential resale value.
About 1071 Center Street
"Welcome to this expansive 3,500 square foot property with endless possibilities for entrepreneurs seeking a live-work space. Situated on a bustling street with alley access, this commercial C-1, C-P zoned property features a spacious shop downstairs with large garage doors, warehouse space, and a bathroom with washer/dryer hookups. Upstairs, discover a comfortable living space with 4 bedrooms and 2 bathrooms, offering the perfect blend of work and relaxation. Ideal for mechanics, tire shops, or body shops, this property awaits your personal touch and vision to unlock its full potential. With its convenient location near schools, shops, gas stations, and freeway access, this property offers prime visibility and accessibility for your business endeavors. Don't miss this opportunity to transform this property into your dream live-work space."
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1900
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1900 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Dec 5, 2025
$449,990
$499,990
-10% Price Drop
Initial Listing
Price Change
Nov 21, 2025
$499,990
Initial Listing