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3284 Jackson St 1.07 Acres of Commercial Land Offered at $1,100,000 in Riverside, CA 92503
Investment Highlights
- Unbeatable location. Close to Freeway, shopping centers, universities, schools in general, hospitals etc.
Executive Summary
The lot and existing house are currently tenant-occupied on month-to-month leases. Tenants are being served with a 30-day notice to vacate per city guidelines. The property is zoned R3-1500, which may allow for the development of up to 29 apartment units, subject to verification with local planning authorities.
Property Facts
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.07 AC |
| Property Type | Land | ||
| Zoning | R3 1500 - You may build up to 29 2-story apartments. | ||
| Price | $1,100,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.07 AC |
| Zoning | R3 1500 - You may build up to 29 2-story apartments. |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 1.07 AC |
| Price Per AC | $1,028,086.39 |
| Price | $1,100,000 |
| Price Per AC | $1,028,086.39 |
| Lot Size | 1.07 AC |
Exceptional Development Opportunity – Over 1 Acre of Prime Land! Attention Investors, Builders, and Developers! This is a rare opportunity to acquire over one acre of prime real estate with the potential to develop up to 29 apartment units.
Description
Current residence offers a 2 rooms, 1 bathroom, kitchen, living room. A dettached 2 car garage. Over an acre of land.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 233-180-010 | Improvements Assessment | $228,631 |
| Land Assessment | $81,238 | Total Assessment | $309,869 |
Property Taxes
Parcel Number
233-180-010
Land Assessment
$81,238
Improvements Assessment
$228,631
Total Assessment
$309,869
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Presented by
Camino Real Realtors
3284 Jackson St
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