12193 Raley Drive
Riverside,
CA
92505
Property Details
List Price: |
$1,599,000 |
Beds: |
8 |
Baths: |
5 |
Status: |
Active |
SqFt: |
4771 |
Agency: |
Regency Real Estate Brokers, Inc. |
Description/Comments
Lot Size: |
247,421 sqft |
Property Type: |
Residential |
Year Built: |
1948 |
Notes: |
A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note – this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out – seize this golden opportunity and turn your vision into reality today! |
MlsNumber: |
OC24056889 |
Estimate Your Monthly Payment
Listing Provided By: |
Regency Real Estate Brokers, Inc., original listing |
Name: |
Regency Real Estate Brokers, Inc. |
Phone: |
(949) 707-4400 |
Office Name: |
Regency Real Estate Brokers |
Office Phone: |
(949) 707-4400 |
Agent Name: |
Mase Abdeshahian |
Disclaimer: |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |