Listing by: Rasha Bazzi, Radius Agent Realty, 9493555052

0 Beds

n/a Full bath

n/a SqFt

Active

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 expired. The New 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 plans for lack of funding and expertise in the field. - Come and check out this gorgeous property nestled by the beautiful Lake Hills community. Make your plans, build your dreams.

Property Details
Price $899,000
Lot Size Area 696960
Lot Size Area Units Square Feet
Acres 16
Property Type Land
Exterior Features Biking
View City Lights
Lot Description 16-20 Units/Acre
Association Fee 0
Geographic Data
Directions Indiana Ave & Graywood Ct
County Riverside
Latitude 33.88121
Longitude -117.498452
Market Area 252 - Riverside
Address Information
Address 0 Indiana Avenue, Riverside, CA 92503
Postal Code 92503
City Riverside
State CA
Country United States
Listing Information
Listing Office Radius Agent Realty
Listing Agent Rasha Bazzi
Listing Agent Phone 9493555052
Buyer Agency Compensation 3.000
Attribution Contact 9493555052
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 29
MLS Status Active
Listing Date Mar 1, 2024
Listing Last Modified Mar 31, 2024
Tax ID 135280001
MLS Area 252 - Riverside
MLS # OC24043033

This information is believed to be accurate, but without any warranty.
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