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CondominiumResidential

1040 Central Ave

RIVERSIDE, CA 92507
871 ft²
Lot SizeThe size of the land the home sits on, from county records.
1970
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 197026 units861–1,800 ft²
$11M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$411K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$304
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-7.1%vs the Riverside ZIP median sale $/ft² ($327)

Sales Performance

$430K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+16.7%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
3.8%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+8.0%per yeartypical hold 6.7 yrsfrom 35 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19881993199920032010201420202026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19881993199920032010201420202026

66 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$304K$378K$452K$526K861 ft²1,049 ft²1,237 ft²1,424 ft²1,612 ft²1,800 ft²
1 bd2 bd3 bd
1 bed
4 units
2 bed
19 units
3 bed
3 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 1.8 ba · 1,368 ft²
13 units
2 bd · 1.8 ba · 1,332 ft²
6 units
1 bd · 1 ba · 861 ft²
4 units
3 bd · 2.3 ba · 1,800 ft²
3 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$304K–$310K
3 units
$335K–$335K
1 unit
$383K–$383K
1 unit
$400K–$412K
10 units
$416K–$431K
7 units
$443K–$454K
2 units
$517K–$526K
2 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.42%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.46%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.11.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.25%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.36%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$420,844
Median tax billThe middle annual property tax bill among the building's units.$2,806
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 21Jul 21, 2026$430,000Unit 4Jul 15, 2025$408,000Unit 10Jul 10, 2025$329,000Unit 1Oct 7, 2022$300,000Unit 17May 13, 2021$367,500Unit 11Oct 22, 2020$376,000Unit 8Aug 26, 2019$275,000Unit 22Aug 12, 2019$300,000Unit 17Jun 14, 2019$289,000Unit 4Jun 12, 2019$270,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyRIVERSIDE
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Tile
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Golf frontage

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Emerson Elementary SchoolC
Elementary · Grades KG–6 · 1.3 mi
H
John W. North High SchoolC+
High · Grades 9–12 · 2.1 mi
M
University Heights Middle SchoolC+
Middle · Grades 7–8 · 2.3 mi

District: Riverside Unified School District

Neighborhood · ZIP 92507These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.450

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.64,491
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,078 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,160
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$82,952
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.12 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1040 Central Ave
1 bd · 1 ba · 861 ft²
$310K
1040 Central Ave # 2
1 bd · 1 ba · 861 ft²
$304K
1040 Central Ave # 3
2 bd · 1.8 ba · 1,332 ft²
$401K
1040 Central Ave
2 bd · 1.8 ba · 1,332 ft²
$416K
1040 Central Ave # 5
2 bd · 1.8 ba · 1,332 ft²
$407K
1040 Central Ave # 6
2 bd · 1.8 ba · 1,332 ft²
$400K
1040 Central Ave # 7
2 bd · 1.8 ba · 1,332 ft²
$383K
1040 Central Ave # 8
2 bd · 1.8 ba · 1,332 ft²
$403K
1040 Central Ave # 9
1 bd · 1 ba · 861 ft²
$306K
1040 Central Ave
1 bd · 1 ba · 861 ft²
$335K
1040 Central Ave # 11
3 bd · 2.3 ba · 1,800 ft²
$526K
1040 Central Ave # 12
2 bd · 1.8 ba · 1,368 ft²
$411K
1040 Central Ave # 13
2 bd · 1.8 ba · 1,368 ft²
$409K
1040 Central Ave # 14
2 bd · 1.8 ba · 1,368 ft²
$443K
1040 Central Ave # 15
2 bd · 1.8 ba · 1,368 ft²
$418K
1040 Central Ave # 16
2 bd · 1.8 ba · 1,368 ft²
$425K
1040 Central Ave # 17
2 bd · 1.8 ba · 1,368 ft²
$411K
1040 Central Ave # 18
2 bd · 1.8 ba · 1,368 ft²
$423K
1040 Central Ave # 19
2 bd · 1.8 ba · 1,368 ft²
$426K
1040 Central Ave # 20
2 bd · 1.8 ba · 1,368 ft²
$404K
1040 Central Ave # 21
2 bd · 1.8 ba · 1,368 ft²
$431K
1040 Central Ave # 22
2 bd · 1.8 ba · 1,368 ft²
$412K
1040 Central Ave # 23
2 bd · 1.8 ba · 1,368 ft²
$409K
1040 Central Ave # 24
2 bd · 1.8 ba · 1,368 ft²
$428K
1040 Central Ave # 25
3 bd · 2.3 ba · 1,800 ft²
$454K
1040 Central Ave # 26
3 bd · 2.3 ba · 1,800 ft²
$517K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1040 Central Ave

How many units are in 1040 Central Ave, Riverside, CA?

1040 Central Ave, Riverside, CA has 26 residential units across built in 1970, according to county assessor records.

What is a unit at 1040 Central Ave, Riverside, CA worth?

The median TopHap Estimate across the 26 units at 1040 Central Ave, Riverside, CA is $410,673. That works out to $304 per square foot. Units run from 861 to 1,800 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1040 Central Ave, Riverside, CA expensive for Riverside?

Units at 1040 Central Ave, Riverside, CA carry a median of $304 per square foot, 7% below the Riverside median of $327 per square foot.

How often do units sell at 1040 Central Ave, Riverside, CA?

1 units at 1040 Central Ave, Riverside, CA sold in the last 12 months, out of 66 recorded arms-length sales all time. That is a turnover rate of 3.8% of the building per year. The median sale over that period was $430K.

Have units at 1040 Central Ave, Riverside, CA appreciated?

Across 35 repeat sales of the same unit, 1040 Central Ave, Riverside, CA returned a median 8.0% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.7 years.

What floor plans does 1040 Central Ave, Riverside, CA have?

The most common plan at 1040 Central Ave, Riverside, CA is a 2-bedroom of 1,368 square feet, repeated 13 times, with a median estimate of $418,227. TopHap identifies 4 recurring plans in the building.

More homes on Central Ave

Closest homes

More homes in Riverside 92507

Assigned schools

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