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$6,500,000   Price Analysis
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2861 Armstrong Rd
Jurupa Valley, CA 92509
Unknown bed 0 bath unknown SqFt ($0/SqFt)
11.62 acre lot.
Listed 2024-08-07, Taxes $12,135
Ⓧ USDA Ineligible
due to property

near Jurupa Valley

This property is over 11.5 acres in a prime location

* Has Contingent Offer *

It includes two parcels, 174-340-026 and 174-340-027. This property bcks to the Oak Quarry Golf Course. It is currently being used as a Horse Ranch and produces approximately $9000 per month in Net Revenue while the purchaser is finishing up the entitlement process.

Currently we have preliminary approval for 35 Single family homes and 46 townhomes, please see attached supplements. This is a fantastic opportunity for the right buyer/ developer. This Properrty has also been zoned for commerical development


Presented by DAVE BABIRACKI at
Option West Realty.
Listing Agent Photo

Property MLS #OC24161823 from CRMLS

Additional Parcels Description: 174340027
Additional Parcels: Yes
Lot Description: Corner Lot, Horse Property, Lot Over 40000 Sqft, Rectangular Lot, Level, Value In Land
Lot Size Acres: 11.62
Lot Size Source: Assessor
Lot Size Square Feet: 506167

Road Surface Type: Paved

View: Golf Course

Calculated Total Monthly Association Fees: 0

Community Features: Street Lights

Source Listing Status: Active Under Contract
County: Riverside
Directions: exit the 60 on Vally Way, head north turns into Armstrong Road, Horse Ranch on the left
Source Property Type: Land
Area: 251 - Jurupa Valley
Source Neighborhood: 251 - Jurupa Valley
Parcel Number: 174340026
Postal Code Plus 4: 1600
Zoning: A-1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$291,700 + $800,261
$1,091,961
$12,135
2022$285,981 + $784,570
$1,070,551
$11,983
2021$280,374 + $769,187
$1,049,561
$11,896
2020$277,500 + $761,300
$1,038,800
$11,789
2019$91,876 + $432,982
$524,858
$6,028
2018$90,075 + $424,493
$514,568
$5,774
2017$88,309 + $416,170
$504,479
$5,775
2016$86,578 + $408,010
$494,588
$5,696
2015$85,279 + $401,882
$487,161
$5,620
2014$83,609 + $394,010
$477,619
$5,240
2013$83,232 + $392,230
$475,462
$5,229
2012$81,600 + $384,540
$466,140
$5,119
2010$81,600 + $337,620
$419,220
$28,001
2009$81,600 + $2,531,640
$2,622,481
$27,820
2009$81,406 + $2,525,639
$2,616,286
$27,820
2008$16,187 + $61,127
$86,555
$980
2007$15,870 + $59,929
$85,542
$960

Listed 2024-08-07
$6,500,000
CRMLS
Sold 2019-09-13
$1,025,000
CRMLS
Listing removed 2019-03-31
$4,500,000
CRMLS
Listing removed 2019-03-30
$0
CRMLS
Listing removed 2019-03-30
$4,500,000
HighDesertAoR
Listing removed 2019-03-30
$0
BigBearValley
Price Changed 2018-11-09
$4,500,000
CRMLS
Price Changed 2018-11-09
$4,500,000
BigBearValley
Price Changed 2018-11-09
$4,500,000
HighDesertAoR
Price Changed 2018-11-06
$4,750,000
BigBearValley
Price Changed 2018-11-05
$4,750,000
CRMLS
Price Changed 2018-10-30
$5,999,900
CRMLS
Price Changed 2018-10-30
$5,999,900
BigBearValley
Price Changed 2018-10-30
$5,999,900
HighDesertAoR
Relisted 2018-05-25
$6,600,000
CRMLS
Listing removed 2018-05-24
$0
CRMLS
Price Changed 2018-04-13
$6,600,000
CRMLS
Price Changed 2018-04-13
$6,600,000
BigBearValley
Price Changed 2018-04-13
$6,600,000
HighDesertAoR
Listed 2018-03-23
$4,500,000
HighDesertAoR
Listed 2018-03-23
$7,250,000
BigBearValley
Listed 2018-03-20
$7,250,000
CRMLS
Sold 2016-09-14
$443,000
Public Record
Listing removed 2014-03-06
$2,900,000
CRMLS
Listing removed 2014-03-06
$2,900,000
CRMLS
Price Changed 2014-01-29
$2,900,000
CRMLS
Price Changed 2014-01-29
$2,900,000
CRMLS
Listed 2013-11-12
$3,350,000
CRMLS
Listed 2013-11-08
$3,350,000
CRMLS
Sold 2008-04-30
$3,950,000
Public Record

Electric: Electricity - On Property
Electricity Connected
Sewer Available
Water Source: Public

Sunnyslope Elementary School is a public elementary school located approximately 0.8 miles away.
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Patriot High School is a public high school located approximately 1.6 miles away.
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Jurupa Middle School is a public middle school located approximately 2.9 miles away.
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Mount Zion Academy is a private elementary, middle and high school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.