$899,000 Price Analysis    ♡   Riverside, CA 92503 Unknown bed 0 bath unknown SqFt ($0/SqFt) 16.0 acre lot. Listed 2024-03-02 | Ⓧ USDA Ineligible due to property near Riverside |
Great opportunity for builders and investors in a prime development area minutes to the 91 and 15 freeways.
- 1 mile to the Metrolink station off La Sierra Ave. in Riverside and 2 miles to the Costco and Walmart shopping centers off McKinley St. in Corona. - 3 parcels sold together with rolling terrain and access to utilities overlooking the cities of Riverside and Corona. - The land is low density R1-1000 but can be re-zoned for higher density R-3. - The land had been approved by the County of Riverside to build 16 single-family homes with Approved Tentative Tract Map, the permit had since exp ired.
The Contemporary owner will start new plans with the County to build single-family homes or more lucrative multi-unit housing project. Seller can provide copies of all studies and reports made and presented to the County to get the approval for the expired Tract Map. - During Covid Seller started pre-approval re-zoning plans with the County to build a Residential 3 story Multi Unit Complex with 2 bedrooms 2 bathrooms units, pool, clubhouse etc. The seller could not proceed with the plns for lack of funding and expertise in the field. - Come and check out this gorgeous property nestled by the attractive Lake Hills community. Make your plans, build your dreams.
Presented by Rasha Bazzi at
Radius Agent Realty.
Property MLS #OC24043033 from CRMLS
Additional Parcels: Yes
Lot Description: 16-20 Units/Acre
Lot Size Acres: 16.0
Lot Size Source: Owner
Lot Size Square Feet: 696960
County: Riverside
Directions: Indiana Ave & Graywood Ct
Source Property Type: Land
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
Parcel Number: 135280001
Zoning: R-A-2
Source System Name: C2C
$899,000
CRMLS
Listing removed 2023-10-10
$0
CRMLS
Price Changed 2023-05-09
$1,200,000
CRMLS
Listed 2023-04-20
$1,075,000
CRMLS
Listing removed 2021-04-11
$0
CRMLS
Listed 2021-01-04
$975,000
CRMLS
Listing removed 2014-01-03
$800,000
CRMLS
Listed 2013-01-04
$800,000
CRMLS
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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.