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    4698 Jones Avenue

    Riverside, CA 92505
    • $799,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: PW21000476
    UPDATED: 94 min ago
    $799,000
    • 0
      BEDS
    • 1.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    This is an exciting investment opportunity. 1.18 acres in western Riverside's La Sierra community, Close to La Sierra University, The Galleria at Tyler, Kaiser Permanente hospital, restaurants, shopping and and more. R-3-1500 zoning allows up to 29, 2 story units (apartments or condos), subject to City of Riverside design reviewapproval. This property was previously marketed at $1M. The current pricing may allow a tidy profit from development and selling units or even apartments delivering a solid ROI. The City may also entertain possible high density proposals. The value is in the land. There is an existing SFR and other structures on the property. The land, and all that remains, is sold As Is.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T00:26:58.513. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/112973430
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    4698 Jones Avenue Riverside, CA 92505

    • Price: $799,000
    • Status: Active
    • Updated: 94 min ago
    • ID#: PW21000476
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.18
    Acres
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    This is an exciting investment opportunity. 1.18 acres in western Riverside's La Sierra community, Close to La Sierra University, The Galleria at Tyler, Kaiser Permanente hospital, restaurants, shopping and and more. R-3-1500 zoning allows up to 29, 2 story units (apartments or condos), subject to City of Riverside design reviewapproval. This property was previously marketed at $1M. The current pricing may allow a tidy profit from development and selling units or even apartments delivering a solid ROI. The City may also entertain possible high density proposals. The value is in the land. There is an existing SFR and other structures on the property. The land, and all that remains, is sold As Is.
    Exterior Features

    Lot Features 26-30 Units/AcreLot Over 40000 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Suburban Country Us Distance To Water Comments Street Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailableSee RemarksSewer AvailableWater Available Water Source Public Water Well YN No Zoning R-3-1500

    Listing provided courtesy of Woody Harper of Coldwell Banker Realty and Jayme Harper of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T00:26:58.513. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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