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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,300,000

Est. payment - /mo

0.6 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25110125

HOA Y/N No

Year Built 1977

Lot Size 0.600 Acres

Property Sub-Type Multi Family

Property Description

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Heating None

Fireplace No

Laundry None

Exterior

Present Use See Remarks

Building

Lot Description Tear Down

Story 2

Water Public

Others

Tax ID 253112001

Special Listing Condition Standard

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Listed by Jill Huntsinger CAPITIS REAL ESTATE 951-202-4449, DRE #01319737

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

220 W Big Springs RD Riverside, CA 92507

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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