2270 Mt Vernon Ave, Riverside, CA 92507 | For Sale

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For Sale $845,998 ($338.94 per Sq Ft)

$845,998 ($338.94 per Sq Ft)
  • (0)
  • 9 Bedrooms
  • 7 Bathrooms
  • 2,496 Sq Ft
  • 189,050 Sq Ft

Description

DEVELOPABLE LAND ALERT!!! Just minutes from the University of California, Riverside; this exceptional 4.34-acre property offers a unique investment opportunity. The land features seven separate units, including 9-bedrooms, 7 full-bathrooms throughout a fourplex and two story triplex. With panoramic views of the surrounding hills, valleys and beautiful view of the city, this property combines the tranquility of rural living with the convenience of being close to the city and UCR. Zoned Residential Conservation. There are also two additional parcels! One to the left (APN: 257-160-005) at 1.48 acres and one above (APN: 257-150-002) at 2.62 acres. Those of which are negotiable and could get you an additional 4.1 acres of land! Development play projected up to around 25 units/21,000 sqft of total potential with purchase of all three parcels.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $845,998
Property Type Single Family Homes
Usable Sqft 2,496
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1951
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 257160006
MLS # SW24187690
Property ID 295616831
Lot Sqft 189,050
Zoning R1065
Total Units 7
Days on Market 82
Original List Price $900,000
Date Updated November 19, 2024
Date Created September 09, 2024
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Listing Provided By

Samantha Valdez an agent of Keller Williams, The Lakes. Lic #02240064


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 19, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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