$845,998
For Sale

2270 Mt Vernon Avenue

Riverside, CA 92507
2496 sqft | 9 beds | 7 baths | 4.34 acres | #SW24187690
Listing OfficeKeller Williams, The Lakes
Browse 23 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • InteriorAllBedroomsDown
    • Beds & Baths
      • Bedrooms9
      • Bathrooms7
      • Full Baths7
  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre, SlopedDown, SteepSlope, SlopedUp
      • ViewCityLights, Hills, Mountains
      • Stories1
    • Measurements
      • Acres4.34
      • Square Feet2496
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1951
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, Propane, WaterAvailable
      • Sewer InformationUnknown
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictRiverside Unified
      • CountyRiverside
  • Financial Details
      • Original List Price$900,000
  • Other
      • MLS #SW24187690

Location

King Realty GroupReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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