Listing by: Samantha Valdez, Keller Williams, The Lakes

9 Beds

7 Baths

2,496 SqFt

Pending

DEVELOPABLE LAND ALERT!!! Just minutes from the University of California, Riverside; this exceptional 4.34-acre property offers a unique investment opportunity. The land features seven separate units, including 9-bedrooms, 7 full-bathrooms throughout a fourplex and two story triplex. With panoramic views of the surrounding hills, valleys and beautiful view of the city, this property combines the tranquility of rural living with the convenience of being close to the city and UCR. Zoned Residential Conservation. There are also two additional parcels! One to the left (APN: 257-160-005) at 1.48 acres and one above (APN: 257-150-002) at 2.62 acres. Those of which are negotiable and could get you an additional 4.1 acres of land! Development play projected up to around 25 units/21,000 sqft of total potential with purchase of all three parcels.

Property Details
Price $845,998
Bedrooms 9
Full Baths 7
Total Baths 7
Lot Size 189050
Lot Size Area 189050
Lot Size Area Units Square Feet
Acres 4.34
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1951
View City Lights,Hills,Mountain(s)
Heating None
Lot Description 2-5 Units/Acre,Sloped Down,Steep Slope,Up Slope from Street
Laundry Features Common Area
Pool features None
Parking Spaces 0
Garage spaces 0
Association Fee 0
Geographic Data
Directions Turn off W Blaine St, Up the hill to the right
County Riverside
Latitude 33.991969
Longitude -117.312684
Market Area 252 - Riverside
Address Information
Address 2270 Mt Vernon Avenue, Riverside, CA 92507
Postal Code 92507
City Riverside
State CA
Country United States
Listing Information
Listing Office Keller Williams, The Lakes
Listing Agent Samantha Valdez
Special listing conditions Standard
Ownership None
School Information
District Riverside Unified
MLS Information
Days on market 37
MLS Status Pending
Listing Date Sep 9, 2024
Listing Last Modified Nov 15, 2024
Tax ID 257160006
MLS Area 252 - Riverside
MLS # SW24187690

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