2270 Mt Vernon Avenue

Riverside, CA 92507

PRICE REDUCED

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-$54,002 (-6.00%)

$845,998

List Price

9

bed Beds

7

shower Baths

2,496 sqft

straighten / sqft

1951

calendar_month Built

Property 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.

Listing Information

List Price $845,998
Status Active
MLS SW24187690
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1951
Lot Size 189,050
Structure Size 2,496
DOM 37
Courtesy Of Keller Williams, The Lakes
Listing Agent Samantha Valdez DRE#02240064
Co-Listing Agent Daniel Sosa DRE#02235594

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 9
Total Bathroom
Bathrooms 7
Flooring Information
Material Carpet, Wood
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Ductless

Exterior Information

Maps

Listing information courtesy of: Samantha Valdez, Daniel Sosa, Keller Williams, The Lakes . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 19th, 2024 at 1:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.