12193 RALEY DR RIVERSIDE, CA 92505

Features

• Price/sqft: $314
• Lot Size: 5.68 acres
• Total Units: 1
• Total Rooms: 10
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Stories: 200
• Roof Type: Wood Shake/ Shingles
• Heating: Central Furnace
• Construction Type: Wood

Facts

• Year Built: 01/01/1996
• Property ID: 869501863
• MLS Number: OC24056889
• Parcel Number: 168-340-001
• Property Type: Single Family Home
• County: Riverside
• Legal Description: 5.68 ACRES M/L IN POR SE 1/4 OF SEC 16 T3S R6W FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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!