137 Riverside AveRoseville, CA 95678

Property Details for 137 Riverside Ave

Year built

1932

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

1,312 SF

Zone code

C3

Property type

Retail properties

Property subtype

Retail space

APN

014-091-016-000

APU

14091016000

Description

This exceptional Roseville investment property presents a rare opportunity to acquire a unique assemblage of three parcels totaling 4,891 square feet on a 0.27-acre lot in the desirable Old Roseville district. The property comprises two retail/office buildings, ideally suited for a variety of commercial uses. Adding to its versatility, the assemblage includes a one-bedroom apartment attached to one of the retail buildings, providing potential for rental income or owner occupancy. A separate, detached two-bedroom, one-bathroom house with a substantial storage shed offers additional income potential or flexibility for expansion. All parcels share a secure, gated parking lot, enhancing the convenience and appeal of the property. Strategically located on Riverside Avenue, just south of Douglas Boulevard, this property enjoys high visibility and proximity to established businesses, including Carmelita's Mexican Restaurant. The property's location in historic Old Roseville offers a unique blend of charm and accessibility, making it an attractive investment for both seasoned and emerging investors seeking a multi-faceted opportunity in a thriving California market. The property is zoned for retail use and is available for sale or lease. The Placer County location provides access to a strong local economy and a diverse population base. This is a truly unique opportunity to acquire a well-positioned, income-generating property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $255,361

  6.5%

  $235,718

  7%

  $218,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $472,065

  Geo Method

  $472,065

• Alternative Use

  Use

  Valuation

  Residential

  $198,837

  Hospitality

  $182,134

  Educational

  $151,533

  Medical

  $156,745

  Retail

  $235,718

Location Insight

City

Roseville

County

Placer

State

California

Latitude

38.7424

Longitude

-121.29

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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