UPDATED:
02/09/2025 05:45 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25006947
Construction Status Turnkey
HOA Y/N No
Year Built 1910
Lot Size 0.380 Acres
Property Sub-Type Duplex
Property Description
Unlock the potential of this exceptional .38-acre parcel, zoned for high-density residential use, making it a perfect opportunity for multifamily housing, townhomes, condos, or other developments (buyers to verify). Conveniently located near freeways and shopping, this property offers versatility and investment potential in a highly desirable area.
Currently, the lot features two 3-bedroom, 1-bath homes, each equipped with separate electrical and gas meters, providing immediate rental income opportunities. Tax records may not reflect existing structures—buyers are encouraged to verify.
With ample space for additional units or accessory dwelling units (ADUs), this property invites creative expansion. Whether you're looking to build, develop, or add to your investment portfolio, this parcel offers unmatched potential in a growing area.
Don't miss out! Offers are subject to inspection, and buyers should independently verify square footage and all future land uses. Seize this opportunity to create something extraordinary!
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning R3
Interior
Interior Features Unfurnished, All Bedrooms Down, Bedroom on Main Level
Heating Central, Wall Furnace
Cooling Evaporative Cooling
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Parking Features Gravel
Garage Spaces 8.0
Garage Description 8.0
Fence Chain Link
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Composition,Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre, Level, Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 415303005
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA
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