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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 Type(s):
Multi Family
| Last Updated | 11/19/2024 | Year Built | 1951 |
|---|---|---|---|
| Community | Riverside | County | Riverside |
SCHOOLS
| School District | Riverside Unified |
|---|
Additional Details
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Riverside |
| HEAT | None |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 4.34 acre(s) |
| LOT DESCRIPTION | 2-5 Units/Acre, Sloped Down, Sloped Up, Steep Slope |
| LOT DIMENSIONS | 189050 |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 1 |
| UTILITIES | Electricity Available,Propane,Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Hills,Mountain(s) |
| WATER | Public |
| ZONING | R1065 |
Location
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Listed with Keller Williams, The Lakes
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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