CA > Riverside
Riverside, CA 92507
Riverside, CA 92507
Riverside, CA 92507
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Jill Huntsinger • CAPITIS REAL ESTATE
$1,400,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG-25110125

Year Built 1977

Property Sub-Type Multi Family

Source California Regional Multiple Listing Service (CRMLS)

Property Description

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Heating None

Laundry None

Building

Lot Description Tear Down

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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