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2.39 Acres Lot
$ 1,249,300
Est. payment | /mo
2.39 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24065603
HOA Y/N No
Year Built 1989
Lot Size 2.390 Acres
Property Description
Currently, there are a mobile home and a partially damaged warehouse. The property is zoned for multi-family and office use, and can be used as a residence with an opportunity for conducting limited industrial purposes. All surrounding parcels have beeen approved for high density multi-family development and on some parcels, there are active construction activities for over 200 units of multi-family residence, apartments. Accordingly, the property will give the end-users or investors both their own residential use or rental income till the property gets matured to be an immediate development opportunity, which will give them ample time to work with city to get it entitled.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected
Roof Type Composition
Total Parking Spaces 6
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 949190008
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Chang Bou • Eugene Bou, Broker • 213-760-8600
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Mitch Stein
Partner | Lic# DRE# 02081632