• Indiana Avenue Riverside, CA 92503

  • $899,000
  • 0
    Sq Ft
  • 696960
    Sqft
  • Listed By: Rasha Bazzi, Radius Agent Realty, DRE #01968397
  • Source: CRMLS

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 Type :

Land

County :

Riverside

Style :

Land

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Property Details

 

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 16

Lot Size Source: Owner

Lot Size Square Feet: 696960

Listing Price Information

Original List Price: 899,000

Listing Contract Date: 2024-03-01

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 135280001

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 252 - Riverside

Directions: Indiana Ave & Graywood Ct

Zoning: R-A-2

Source Property Type: Land

Area: 252 - Riverside

Building and Construction

Year Built Source: Vendor Enhanced

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17970 Rutherford Drive, Riverside, CA,92503 $818,417 5 3 2,792 5400 Sqft
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ByOwner last updated this listing 05/02/2024 @ 13:09

MLS: OC24043033
LISTED BY: Rasha Bazzi, Radius Agent Realty
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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