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When asked what the American dream meant to them, I am sure to get different answers. For most it is owning your own home, for me, it absolutely is owning your own home! With home ownership come opportunities in the form of small start-up business loans for just an example... so when you find an older home that has been "grandfathered" on commercial land, it’s like finding a unicorn, the potential is greater in my opinion. Takes "The American Dream" to another level. Here is a rare opportunity to own a tastefully updated vintage home in Downtown Riverside. 1.5 miles to the Mission Inn, Fox Performing Arts Center & minutes to University California of Riverside. (UCR) This great home is situated on a corner lot & features architectural designs categorized as Spanish Colonial Revival, popular for the 1930's California home era. The property also features a private court yard in between home and detached garage. Entire lot is gated and fenced with a neat river-stone wall, Wrought-iron & chain link for the rest. Two car detached garage features a laundry room with unfinished second bathroom. 30 ft. deep garage makes one side tandem parking. 230 V electrical is in garage. Side of garage is concreted & gated for RV parking / trailer parking or possibly parking for potential mixed-use situation. So take advantage of this opportunity to have your own version of the American Dream with this property that has potential for Mixed-use, the sky is the limits!
Listing agent: SCOTT HOOKS DRE #00483189 scott@westcoe.com, Listing office: WESTCOE REALTORS INC
MLS data updated 10/26/2026, 9:21:30 AM PT
Source: CRMLS, MLS #: IV22030697
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 4, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$478,000Closed sale · May 4, 2022ZIP 92501 · May 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.