$825,000

11984 Raley Drive

Riverside CA, 92505

Description

This property lends a unique opportunity to create residential income near the 91 corridor and across from La Sierra University. Explore this investment layout with R-3-1500 zoning on 2 parcels totaling approximately 1.37 acres. There is a significant level of opportunity for multiple units, multiple single-family homes or multi-generational family living. Situated on a corner lot this property currently has a two bedroom, one bath 1200 square foot main house. The home features updates to the kitchen, master bedroom and bath. Downstairs is an attached one bedroom, one bath 800 square foot apartment with separate entrance and small fenced yard. The fenced lot is flat and usable with views of the city. The current Agricultural zoning will not be granted with the transfer of ownership and all corrals and arena equipment will be removed.

Details

MLS#IV20190156
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site170

Features

ZoningR3
Acreage1.38
Property ViewYes

Market Activity 92505

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Area Information
StateCA
CountyRiverside
CityRiverside
Zip Code92505
Area252 - Riverside
Listing VS Median (in 92505)
Price:
$825,000
low | high
Med:
$518,175
87.190909090909% of Average
On Site:
170
low | high
Med:
141.5
100% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
JOHN SHACKELFORD LogoMLS Number: IV20190156
Listing Provided By:
JOHN SHACKELFORD  of  COLDWELL BANKER REALTY
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