2270 Mt Vernon Avenue Pending

Riverside,CA 92507

$ 845998

9 Beds

7 Baths

2496 SqFt


Key Details

Property Type Condo

Listing Status Pending

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $338

MLS Listing ID SW24187690

Style All Other Attached

Bedrooms 9

Full Baths 7

HOA Y/N No

Year Built 1951

Lot Size 4.340 Acres

Acres 4.34

Lot Dimensions 189050

Property Description

DEVELOPABLE LAND ALERT!!! Just minutes from the University of California, Riverside; this exceptional 4.34-acre property offers a unique investment opportunity. The land features seven separate units, including 9-bedrooms, 7 full-bathrooms throughout a fourplex and two story triplex. With panoramic views of the surrounding hills, valleys and beautiful view of the city, this property combines the tranquility of rural living with the convenience of being close to the city and UCR. Zoned Residential Conservation. There are also two additional parcels! One to the left (APN: 257-160-005) at 1.48 acres and one above (APN: 257-150-002) at 2.62 acres. Those of which are negotiable and could get you an additional 4.1 acres of land! Development play projected up to around 25 units/21,000 sqft of total potential with purchase of all three parcels.
DEVELOPABLE LAND ALERT!!! Just minutes from the University of California, Riverside; this exceptional 4.34-acre property offers a unique investment opportunity. The land features seven separate units, including 9-bedrooms, 7 full-bathrooms throughout a fourplex and two story triplex. With panoramic views of the surrounding hills, valleys and beautiful view of the city, this property combines the tranquility of rural living with the convenience of being close to the city and UCR. Zoned Residential Conservation. There are also two additional parcels! One to the left (APN: 257-160-005) at 1.48 acres and one above (APN: 257-150-002) at 2.62 acres. Those of which are negotiable and could get you an additional 4.1 acres of land! Development play projected up to around 25 units/21,000 sqft of total potential with purchase of all three parcels.

Location

State CA

County Riverside

Area Riv Cty-Riverside (92507)

Zoning R1065

Interior

Flooring Carpet,Wood

Exterior

Utilities Available Electricity Available,Propane,Water Available

View Mountains/Hills,City Lights

Building

Story 1

Sewer Unknown

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $5

Miscellaneous Mountainous,Valley

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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