2270 Mt Vernon AVE Pending

Riverside,CA 92507

$ 845998

9 Beds

7 Baths

2496 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $338

MLS Listing ID SW24187690

Bedrooms 9

Full Baths 7

Year Built 1951

Lot Size 4.340 Acres

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.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R1065

Interior

Heating None

Cooling Ductless

Flooring Carpet,Wood

Fireplaces Type None

Laundry Common Area

Exterior

Pool None

Community Features Hiking,Mountainous,Valley

Utilities Available Electricity Available,Propane,Water Available

View Y/N Yes

View City Lights,Hills,Mountain(s)

Building

Lot Description 2-5 Units/Acre,Sloped Down,Steep Slope,Sloped Up

Dwelling Type Quadruplex

Story 1

Sewer Unknown

Water Public

New Construction No

Schools

School District Riverside Unified

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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