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Listing Agent: Rasha Bazzi CalDRE: 01968397 - Radius Agent Realty, 9493555052
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

0 Indiana Avenue,  Riverside CA, 92503

(Active)
$899,000
|
|
MLS# OC24043033

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Last Updated: 4/28/2024 4:34 AM
Description for 0 Indiana Avenue Riverside, CA 92503
Great opportunity for builders and investors in a prime development area minutes to the 91 and 15 freeways. - 1 mile to the Metrolink station off La Sierra Ave. in Riverside, and 2 miles to the Costco and Walmart shopping centers off McKinley St. in Corona. - 3 parcels sold together with rolling terrain and access to utilities overlooking the cities of Riverside and Corona. - The land is low density R1-1000 but can be re-zoned for higher density R-3. - The land had been approved by the County of Riverside to build 16 single-family homes with Approved Tentative Tract Map, the permit had since expired. The New owner will start new plans with the County to build single-family homes or more lucrative multi-unit housing project. Seller can provide copies of all studies and reports made and presented to the County to get the approval for the expired Tract Map. - During Covid Seller started pre-approval re-zoning plans with the County to build a Residential 3 story Multi Unit Complex with 2 bedrooms 2 bathrooms units, pool, clubhouse etc. The seller could not proceed with the plans for lack of funding and expertise in the field. - Come and check out this gorgeous property nestled by the beautiful Lake Hills community. Make your plans, build your dreams.
Price
$899,000
Riverside
OC24043033
Active
Description
Great opportunity for builders and investors in a prime development area minutes to the 91 and 15 freeways. - 1 mile to the Metrolink station off La Sierra Ave. in Riverside, and 2 miles to the Costco and Walmart shopping centers off McKinley St. in Corona. - 3 parcels sold together with rolling terrain and access to utilities overlooking the cities of Riverside and Corona. - The land is low density R1-1000 but can be re-zoned for higher density R-3. - The land had been approved by the County of Riverside to build 16 single-family homes with Approved Tentative Tract Map, the permit had since expired. The New owner will start new plans with the County to build single-family homes or more lucrative multi-unit housing project. Seller can provide copies of all studies and reports made and presented to the County to get the approval for the expired Tract Map. - During Covid Seller started pre-approval re-zoning plans with the County to build a Residential 3 story Multi Unit Complex with 2 bedrooms 2 bathrooms units, pool, clubhouse etc. The seller could not proceed with the plans for lack of funding and expertise in the field. - Come and check out this gorgeous property nestled by the beautiful Lake Hills community. Make your plans, build your dreams.
Listing Information
Property Type: Land, Other
16 Acres Owner
Public
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
City
R-A-2
16-20 Units/Acre
Driving Directions
Indiana Ave & Graywood Ct
Financial Considerations
135280001
Cash,Cash to New Loan,Conventional
Listing Price History

Riverside Real Estate

Riverside is located in California. Riverside, California 92503 has a population of 324,101.

The median household income in Riverside, California 92503 is $73,486. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Riverside 92503 is 36 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
3/1/2024 Active $899,000  USD  MLS info
Listing Agent: Rasha Bazzi CalDRE: 01968397 - Radius Agent Realty, 9493555052
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 4/28/2024 4:34 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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