1413 Irving Street, Riverside, CA 92504

$5,200,000
18,000
SqFt
List Price
$5,200,000
Status
ACTIVE
MLS#
OC20000522
Year Built
2004
Living Sq. Ft
18,000
Days on Market
19
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

AGRICULTURAL LOT & MIXED-USE LAND, GEM IN THE HEART OF SOUTHERN CALIFORNIA!!!!AN OPPORTUNITY NOT TO BE MISSED! INCOME PRODUCING 16 acres of a picturesque oasis with over 2000 avocado trees on a premium lot with private road access AND water right ownership to the nearby. Sale includes the full 16.03 acres of farmland, 2 separate single-family properties, citrus trees on site, AND a 16,000 sqf industrial warehouse, all of which generate significant, steady annual rental income, aside from farm revenues. The larger SFR unit boasts interior upgrades such as crown moldings, French doors, shuttered windows, and a 30,000 BTU double oven open-top burner. Backyard features a pavilion over a concrete patio. With 2000 Hass trees and 100 Zunato trees, the farm sells its annual harvests directly to Index Fresh. Nearby anti-frost, temperature censored wind turbines help keep the crops fresh in colder month. Currently the only commercial crop harvested is avocado, but the land could easily be cultivated to include other dry weather farmed crops, such as grapes, tomato, pumpkins, or beans. The possibilities are limitless on this land, especially with the current energy-efficient technology available in the area! Current tenants might agree to extend current leases if conditions are right. (Reference: Sale includes: 698000 sqft of farmland with 2000 avocado trees, 4000 sqft for 2 SFRs (2 bed 2 bath each), and 16,000 sqft industrial warehouse. )

Additional Information

Water
Public, Well
Total Number of Units
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of John Tran from NextGen Team Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.