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***MAJOR PRICE REDUCTION*** Highlights Free-Standing Building Near Busy Intersection: Van Buren Blvd. & Arlington Ave. Commercial Retail Zone. A free-standing office building located in the heart of Riverside. Positioned near the busy intersection of Van Buren Blvd. and Arlington Ave., the site is situated on 0.14 acres with an 18,295 s.f. lot, and offer tons of parking. This lot is secured, fenced, and offers a huge secured lot for variety of uses, including office use. The property can be used for a variety of indoor retail/office sales and services including daycare, school, medical office or general office. Fenced Lot Signalized Intersection Elevated, Clear, and Investment Focused. The single residential property has three offices and two restrooms. The huge lot can be developed into Section 8 units, because there are Section 8 units on the street. (check with the city). This 18,295 sq.ft. (0.41 acre) CR zoned property offers exceptional versatility for retail, office, service based, or mixed-use commercial development. The CR – Commercial Retail zoning designation permits a broad range of indoor oriented retail and professional uses, with additional opportunities available through a Conditional Use Permit—making this site ideal for an operator seeking flexibility, visibility, and long-term growth potential. Property Overview. • Land Size: ±18,295 sq.ft. Zoning: CR – Commercial Retail .Existing Improvements: o Single family residence ±735 sq.ft. (ideal for conversion to office or administrative use). Storage building ±200 sq.ft. • Parking: 15 standard stalls + 2 ADA stalls — a rare advantage for commercial operations= Fenced & Gated: Secure perimeter. The property sits within a thriving blend of residential density and commercial activity—ideal for businesses seeking built in customer flow and workforce proximity. Major neighboring businesses and employers include: • UTC Aerospace Systems (significant industrial employer directly behind the property). Auto Trans Factory Inland Towing. Arlington Self Storage. • U Haul. Arlanza Family Health Center. Investment Appeal.Retail storefronts, Professional offices. Medical, dental, or wellness uses. Service based businesses. Owner user operations. • Future redevelopment or expansion under CR zoning allowances. With strong surrounding traffic, established commercial neighbors, and flexible zoning, this property presents a compelling opportunity for investors
Listing agent: OGIE OBASEKI DRE #01025196 sahontin@aol.com, Listing office: EVERGREEN HOMES
MLS data updated 10/19/2026, 5:27:35 AM PT
Source: CRMLS, MLS #: IV26182234
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 3, 2026
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
$1,150,000Asking price recorded · Oct 3, 2026ZIP 92503 · Oct 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.