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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24154093
Sold Date 08/29/24
HOA Y/N No
Year Built 1947
Lot Size 0.490 Acres
Property Description
Awesome and unique property with lots of possibilities! Subject property consists of 2 parcels equaling +/- 21,345 square feet on a high traffic corner. One parcel has 3 detached houses that are currently leased. The corner parcel is vacant with R-1 7000 zoning, which allows for an Accessory Dwelling Unit (ADU). The property at one time operated as a care facility with a Conditional Use Permit. There is a possible Commercial Redevelopment opportunity. Buyer to verify these options for their specific use with the City of Riverside Planning Department.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Heating Central
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Building
Lot Description 2-5 Units/Acre
Story 2
Water Public
Others
Tax ID 145022020
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Herman Graham • Security Real Estate
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960