3868 Dawes, Riverside, CA 92503 | For Sale

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For Sale $2,200,000

$2,200,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 43,996 Sq Ft
  • Unknown Cap Rate

Description

The subject property is in an exceptional location minutes away from the Tyler Mall Galleria and other shopping and transit facilities. The subject property is minutes from the 91FWY. (Location Location Location)

The subject property is a parcel of land suitable for development of multiple family residential use. County records indicate 3 contiguous lots with the following APN numbers. APNs 145-271-011 & 022, & APN 145-271-014 having a combined total land area of 43995 square feet ( 1.01 Acres). The subject property is zoned R4, high-density, which allows up to 40 dwelling units per acre. The Seller has obtained Site Plan approval for 36 unit Condos project with 36 parking stalls and 7 guest parking stalls. The Site Plan can be modified & redesigned for your own individual architecture configuration. The subject property was recently appraised by one of the top Commercial Real Estate appraisers in Riverside, Curtis Rosenthal Inc & Associates an accredited MAI/FRICS appraiser with an valuation of $2,420,000.00. This appraisal is land value as the small dwelling would be a tear down. The subject property is listed $220,000.00 below appraised value. Both the Site Plan and appraisal will be available upon request.

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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


The income description goes here to explain

Expenses

Property Details

List Price $2,200,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 145271011
MLS # IV25221521
Property ID 322193106
Lot Sqft 43,996
Zoning Unknown
Days on Market 98
Original List Price $220,000
Date Updated September 22, 2025
Date Created September 19, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

THOMAS CALVA an agent of . Lic #00467722


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 22, 2025 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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