Riverside, CA 92507
$1,999,999

Mark Quesada
Broker / Owner
DRE #02101365
405 Iowa Ave in Riverside presents a prime investment opportunity to acquire a freestanding retail strip center. This single-story building features three fully leased retail units, generating a monthly income and offering a reliable and stable return for investors. This property boasts excellent accessibility, situated less than half a mile from I-215, less than 5 minutes from downtown Riverside, and 23 minutes from Ontario International Airport. Positioned on a 0.34-acre lot with 20 surface parking spaces, it is located in the East Inland Empire submarket and zoned CP, supporting a variety of retail uses. This highly accessible property is an ideal addition to any investment portfolio.
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$14,760/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
Utilities
Listed by Kim Conway, Keller Williams San Diego Metro
MLS# SW24241504 · Active
$603,500
Median sale price
39 days
Avg days on market
99.9% of list
Sells for
Closed sales in 92507 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.