Riverside  »  92507  »  University

3996 Iowa Avenue, Riverside, CA 92507

University, Riverside
Building in University
2 Stories
Built in 1972
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Welcome to 3996 Iowa Avenue, a building located in University, Riverside in Riverside, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1972. There are a total of 2 floors. Finally, 3996 Iowa Avenue was most recently sold on Jan 25, 2016 for $13,500,000. According to local assessors, the total value of the building is currently valued at $15,360,693. Specifically, the value of the land that the property sits on has been assessed at $3,982,401. The building was last assessed in 2023. There is another building on the same land that 3996 Iowa Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1972
Effective Year Built
1972
Building Count
2
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
Wood
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Living Units
98
Business/Commerical Units Count
107
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
Pool
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
SUB OF SEC 30 T2S R4W
Land Acres
3.78
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
3.78 ACRES M/L IN POR LOT 1 MB 002/037 SUB OF SEC 30 T2S R4W
Ownership
Current Owner
3996 TOWA GARDENS LLC
Current Owner's Name
3996 IOWA GARDENS
Previous Owner
PI PROPERTIES NO 71 LLC
Previous Owner's Name
PI PROPERTIES #71 LLC
Owner Address - City
COSTA MESA
Owner Address - State
CA
Owner Address - ZIP Code
92626
Owner Before Previous Owner
I & E RIVERSIDE PROPERTIES LP
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Riverside Unified School District
Census Tract
046502
Census Block Code
3003
Census Group
3
Census Year
2021
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06065
Census - Full FIPS
060650465023003
Census - Metro Micro Statistical Area - Area Code
40140
Census - Metro Micro Statistical Area - Area Name
Riverside-San Bernardino-Ontario, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0662000
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
046502
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0633150
School District - Unified - Name
Riverside Unified School District
Zoning
Zoning
C2
Geography
Parcel
253-050-016
Lot
1
Lot Code
unknown
Meridian
SEC 30 TWN 02S RNG 04W
Municipality
RIVERSIDE
Latitude
33.9742
Longitude
-117.339
FIPS
06065
Mailing Carrier Code
C005
Mailing Full Street Address
151 KALMUS DR STE M4
Mailing House Number
151
Mailing Street Mode
DR
Mailing Street
KALMUS
Mailing Unit Number
M4
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
5977
Geo Status Code
unknown
Valuation
Timestamp
2024-02-12 20:02:58
UCID Flag
C
More About The Building
In total, the building area is listed as 101,296 square feet. The building itself has 101,296 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 3996 Iowa Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the University area have a median price of $2,850. Those in the 25th percentile, have a price around $1,875. While those in the 75th percentile, have a price around $4,225. Typically, the buildings in this area have a median sqft of 1,693. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There is currently a single advertised two bedroom listing.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently a total of 2 four bedroom listings. The median price for these types of listings is $4,650. That's $1.82 price per sqft.
About The Area
3996 Iowa Avenue is located in 92507. There are 57,347 people living here. There are 16,815 households. Most of these households have an average family size of 3.67 people. According to the census, 67% are currently renting while 33% own their homes. The median age of this population is around 25.6 years old. On average, most folks in the zipcode are unmarried. About 46% of folks speak a language other than English in this area. The area's employment rate is currently around 50.4%. Speaking of employment, the median income is $42,957. Most folks will commute by car for around 24.8 minutes. Finally, we know that 22% of residents in the area have graduated with their high school degree. Additionally, 14% and 12% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Riverside County, California has a population of 2,323,892 people. Based on census records, there are 705,716 registered households. Families in this area are on average made up of 3.79 people per household. Most folks are married. They are also typically around 34.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 36% rent while 64% purchased their homes. Right now, the community is made up of 26% of residents who have graduated with at least a high school degree. On top of that, 13% have a Bachelor's degree and 8% have a Master's degree. The employment rate is currently around 53.1%. Those employed, have a median income of $57,972. If you move here, you can expect to commute mostly by car for around 32.9 minutes.

Finally, let's take a look at the stats related to Riverside - San Bernardino, CA Urban Area. The urban area is home to 2,028,028 people. A total of 560,116 households are registered here. With average family sizes being listed at 4.02 people. About 26% of residents have graduated with a high school degree. Of the rest, 12% have their Bachelor's and 7% have their Master's degree. Folks speaking a language other than English, make up about 47% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 31.6 minutes. Speaking of your commute, 55% of people in this area are employed. The recorded median income is currently at $57,340 per year. The median population age has been listed at 31.6 years old. Interestingly enough, married people make up the majority of the population. Last but not least, renters make up about 39% of the population while homeowners are at about 61% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
1
16
204
University Ave. FS University Village (730 ft - 3 min walk)
Riverside Transit Agency
1
14
16
204
51
Iowa FS University (810 ft - 3 min walk)
Riverside Transit Agency
14
Iowa FS University Village (0.21 mi - 5 min walk)
Riverside Transit Agency
1
14
University FS Cranford (0.26 mi - 6 min walk)
Riverside Transit Agency
1
14
16
51
Iowa NS Linden ( University Village Tower) (0.27 mi - 6 min walk)
Riverside Transit Agency

Nearby Schools

(within attendance boundary)
Emerson Elementary  •  0.94 mi
4660 Ottawa Ave., Riverside, CA 92507
Public  •  Elementary  •  Grades KG to 6
Riverside Unified School District
University Heights Middle  •  0.9 mi
1155 Massachusetts Ave., Riverside, CA 92507
Public  •  Middle School  •  Grades 7 to 8
Riverside Unified School District
John W. North High  •  0.67 mi
1550 W. Third St., Riverside, CA 92507
Public  •  High School  •  Grades 9 to 12
Riverside Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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