$1,500,000
$1,550,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
0.49 Acres Lot
SOLD DATE : 08/29/2024
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24152525
Sold Date 08/29/24
HOA Y/N No
Year Built 1947
Lot Size 0.490 Acres
Property Sub-Type Triplex
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
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
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
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "