Almost 2 acres of premier residential development opportunity in the city center of Riverside. For a developer with a vision for a master-planned town-home community, group assisted living, or senior housing units. Development includes 3 lots, APN #'s ( 226-351-037, 226-351-012, 226-351-009) One of the only acreage's left in the city thats zoned R-1-7000, thats medium to high density residential. City allows 17 units per acre, or can be split into 9 separate lots. Lots sit in front of an ally that the city is willing to sell to potential developer for $700.00. Access from Jurupa Ave. in front and Arch Way in back. Was previously listed in 2005 for over 5,000,000 with a plan in place for 24 town-homes or 32 condos. A bus stop sits directly in front of development, walking distance to shopping and resturants, 2 miles to downtown, 1 mile to RCC. Amazing opportunity for someone with a vision!
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Listing Type
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Vacant Land
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Listing ID
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IV13099012
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Lot Size
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76,229 sqft
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Listing Status
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Active
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County
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Riverside
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Zoning
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R-1-7000
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View
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Mountain View
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Lot Description
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Street Lighting
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SPECIAL CONDITIONS
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Standard Sale
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Has View
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Y
Listing provided by FREDERICK GORDON~DRE #: 01503278~PRUDENTIAL CALIF REALTY/RIV