257 Highland, Riverside, California 92507, Riverside, 92507 - 4 bed, 1 bath
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Riverside, California 92507
Analysis of 257 Highland, Riverside, California 92507 is currently available with a list price of $675,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Property is land value only, full reconstruction required.
The property was built in 1902 and the listing explicitly states the existing residence is in 'poor condition' and 'requires extensive repairs.' The property analysis further describes it as a 'dilapidated existing structure' likely necessitating demolition for redevelopment, with the property's value primarily based on the land and its development potential. This aligns perfectly with the criteria for a 'Tear-down' property, indicating the structure is beyond repair and its value is solely in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 988.
Positioned as a rare infill site in a high-demand growth corridor, ideal for multi-family and mixed-use development.
Generous 27,900 SF (0.64 acres) lot with significant frontage on Center Street, offering ample space for substantial development.
The current single-family residence is in poor condition and requires extensive repairs, likely necessitating demolition for redevelopment.
The property is tenant-occupied, restricting interior access to accepted offers and requiring careful handling of tenant relocation.
Buyers are responsible for verifying all development potential, lot lines, and site area, adding complexity and cost to the acquisition process.
Calling all investors and developers. Rare infill opportunity located in the heart of the Northside Neighborhood within the Pellissier Ranch Specific Plan (see addendum for details). This is a true unicorn site fronting Center Street with secondary frontage on Highland Avenue. The site totals approximately 27,900 SF (±0.64 acres) with dimensions of roughly 186’ x 150’ and 150 feet of frontage on Center Street. Buyer to verify lot lines, site area, and development potential through independent due diligence under the associated APNs. Offered at under $40/SF, this represents an exceptional land value for multi-family and mixed-use developers seeking scale in a high-demand growth corridor. The seller also owns additional parcels in the immediate area, presenting a potential assemblage opportunity for the right investor. The existing single-family residence is in poor condition and requires extensive repairs. Tenant has been notified of the sale. Do not disturb occupants. Interior access may be arranged with an accepted offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 988 | 1,739.5 | 8% |
| Lot Size | 9,148 | 8,276 | 58% |
| Price | $675.0K | $653.0K | 55% |
| Price per sq ft | $683 | $388 | 98% |
| Built year | 1902 | 1974 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 189 | 21% |
Mar 26, 2026
$675,000
$825,000
-18% Price Drop
Initial Listing
Jan 15, 2026
$825,000
Initial Listing