$1,299,999 5259 Norwood Avenue Riverside, CA

MLS: IG21061232   Type: Land   County: Riverside   City: Riverside   Zip: 92505  

Mortgage $6,103 /mo

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RARE OPPORTUNITY to own over 6+ acres of usable real estate in Riverside as it continues to be one of the fastest growing cities in all of California. Zoning of property is currently RR (20,000 sf minimum lot size). UTILITIES CONNECTED to existing house on the Land that is a 3bd / 2bth home that is approximately 1500 SF that is being rented month to month. Property consists of 4 parcels all being sold together. Multiple options for contractors and developers. Opportunity to have your own farm-style ranch with livestock and horses, and fresh produce/nursery. Or, Subdivide the parcels into your own Residential Development with generous sized Lots as the demand for spacious homes on larger properties increases. Seller once had TTM Plans for 8 lot subdivision. LOCATION is in close proximity to La Sierra University, Tyler Mall Shopping Plaza, nearby hiking trails, and many more amenities. APN's include: 146-090-032 (42,253 SF), 146-090-033 (183,388 SF), 146-090-017 (23,086 SF), 146-090-014 (23,086 SF) *** Please do not disturb tenant*** All Information to be Verified and Satisfied by Buyer's own due diligence.

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Price History

3/25/2021 Listed $1,299,999

Additional Parcels Y/N No
Association Y/N No
Community Features Suburban
Electric Standard
HOA Fee 0
Land Lease Y/N No
MLS Area 252 - Riverside
Property Type Land
Senior Community Y/N No
Terms Cash, Conventional, Owner May Carry
Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Mountain(s), Neighborhood
Zoning RR

Exterior Features

Horse Y/N Yes
Lot Features 2-5 Units/Acre, Agricultural, Horse Property, Irregular Lot, Ranch, Value In Land
Lot Size Acres 6.24
Lot Size Area 271814.4
Lot Size Source Assessor
Lot Size Square Feet 271814
Lot Size Units Square Feet
View Y/N Yes
Water Source Public

Property Schools



Direct Link:

https://www.lahomesbyjackson.com/property/25-IG21061232-5259-Norwood-Avenue-Riverside-CA-92505

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Property vs Zip Code Avg (92505)

Price 1.29M Avg 1.18M

Acres 6.24 Avg 6.62

Visits 20 Avg 198

Days on Site 28 Avg 274

Walkscore® 1 Avg 25

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Robert Mendez with Keller Williams Realty Riv.




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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA
818-518-0740