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$399,900

Est. payment - /mo

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2 Beds

1 Bath

700 SqFt

New

2961 11th Riverside, CA 92507

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $571

MLS Listing ID IG26195223

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1941

Lot Size 8,712 Sqft

Property Sub-Type Single Family Residence

Property Description

AMAZING OPPORTUNITY IN RIVERSIDE! This unique 8,712 sq. ft. parcel, zoned RA-1 7000, offers an exciting combination of residential use, business potential, and future income possibilities. Currently has an approximately 700 sq. ft., 3-bedroom, 1-bath residence on sight. The property provides an excellent opportunity for an owner-user, investor, or entrepreneur looking for flexibility and upside. The property originally featured two residences on the lot, with one having been demolished several years ago. Depending upon applicable City of Riverside requirements and approvals, the additional residence may offer an opportunity for future redevelopment, adding even greater potential to this already versatile property. Imagine living on-site while operating your business, utilizing the property as an income-producing investment, or exploring future development opportunities. With its generous lot size and M-2 zoning, this property offers possibilities that traditional residential properties simply cannot. Conveniently located south of the 91 Freeway and east of 14th Street, the property is near a new elementary school currently being developed, adding further appeal to the surrounding area. You'll also enjoy close proximity to Downtown Riverside, major freeways, shopping, dining, nightlife, Riverside Plaza, and the iconic Mount Rubidoux. Priced to move and loaded with possibilities, this is an opportunity you won't want to overlook. Properties offering this combination of location, lot size, existing residence, and M-2 zoning are difficult to find. Bring your vision and explore the potential this Riverside property has to offer!

Location

State CA

County Riverside

Area 252 - Riverside

Rooms

Other Rooms Shed(s)

Main Level Bedrooms 3

Interior

Interior Features Eat-in Kitchen

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Driveway

Fence Block, Chain Link

Pool None

Community Features Curbs

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type House

Faces West

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Fixer

Schools

School District Riverside Unified

Others

Senior Community No

Tax ID 211201023

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Robert Livingston Realty World Main Street 951-235-5113, DRE #01445313

Nearby Schools & Businesses