• 610,276 sq.ft. lot
offered at $1,075,000
Status: Active // Property Type:
County: Riverside

Property Description

Developers Opportunity! Great investment opportunity to purchase 14.01 acres in a prime development area. Very unique and one of the last lots on the block. The current zoning is R1/10000, meaning 56 homes on the 14 Acres lot, 3 parcels are to be sold together. Utilities run through the land. The land has been in the pre approval stage to re-zone it for an R3 [heavy residential] 72 apartment complex (1150 ft.², 2 Bd 2 Bth with 1 garage) on 5.12 acres, a clubhouse (2600 ft.²), and a community pool. Total parking spaces 112 for the units and clubhouse. The seller also has plans for a 15 single-family home development in the pre-application stage. Endless opportunities however this requires grading and grading plans are available to you. Off Indiana Avenue & Graywood Court of Riverside, 1 mile from the new High School - Hillcrest.

Listing Courtesy of Christine Kfoury, eXp Realty of California Inc

Exterior Features

Exterior Features: Hiking
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of November 3, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.