1964 Marlborough Avenue, Riverside, CA 92507

$4,000,000
2
BD
1
BA
741
SqFt
List Price
$4,000,000
Status
ACTIVE
MLS#
WS22041994
Year Built
1940
Bedrooms
2
Bathrooms
1
Living Sq. Ft
741
Lot Size
40,511
Acres
0.93
Lot Location
Yard
Days on Market
85
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Exceptional Development Opportunity! Proud to represent this incredible development opportunity on a large lot boasting 3.4 acres (3 lots total with 1 acre lot+ 1.25 acre lot + 1.25 acre lot) with the potential to develop 35+ townhouses. This property has excellent frontage and strong visibility. This property is oozing with possibilities. A rare chance to purchase land with this amount of superior lot size. It has an attractive rural location with lots to offer. This massive lot comes with a charming 2 bedroom, 1 bathroom home. Connections are excellent with local shops just 5 a few minutes away. This property presents an astute investor with a tremendous opportunity to add value & capture aggressive potential upside!

Additional Information

Pool Description
None
Heat
None
Cooling Description
None
View
None
Roof
Wood
Garage Spaces Total
1
Sewer
Unknown
Water
Other
School District
Riverside Unified
Elementary School
Fremont
Interior Features
AllBedroomsDown
Attached Structure
Detached
Number Of Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: MICHAEL YUE from Listing Office: Compass-Pasadena

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.