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1333 University Ave

0.35 Acres of Commercial Land Offered at £7,042,050 in Riverside, CA 92507

Investment Highlights

  • Possible Multifamily or Retail Development
  • UCR (21,539 students) adjacent and close proximity to RCC (21,292 Students)
  • Underserved trade area
  • Less than 1 mile from the 215 freeway and less than 2 miles to the 91 freeway
  • 5 minute drive to downtown Riverside

Executive Summary

-Seller will do 1031 exchange.
-Please ALWAYS TEXT first at (909)485-6786 or (909)485-8939

Property Facts

Price £7,042,050 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Multifamily
  • Apartment Units
Sale Conditions 1031 Exchange Total Lot Size 0.35 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Price £7,042,050
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Apartment Units
Total Lot Size 0.35 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £7,042,050 Lot Size 0.35 AC
Price Per AC £20,154,694
Price £7,042,050
Price Per AC £20,154,694
Lot Size 0.35 AC

±2.26 Acres for Sale. Possible Multifamily or Retail Development. Less Than 1 Mile From the 215 Freeway & Less Than 2 Miles to the 91 Freeway. UCR (21,539 Students) Adjacent & Close Proximity to RCC (21,292 Students).

Description

±2.26 Acres for Sale. Possible Multifamily or Retail Development. Less Than 1 Mile From the 215 Freeway & Less Than 2 Miles to the 91 Freeway. UCR (21,539 Students) Adjacent & Close Proximity to RCC (21,292 Students). 5 Minute Drive to Downtown Riverside. Underserved Trade Area. -Preliminary Design: Student Housing: 130 Condo: 76 (Potential buyer can talk to city to do request more unit by doing house for low income.) Parking: 282

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Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 250-190-042 Improvements Assessment £0
Land Assessment £1,946,770 Total Assessment £1,946,770

PROPERTY TAXES

Parcel Number
250-190-042
Land Assessment
£1,946,770
Improvements Assessment
£0
Total Assessment
£1,946,770

zoning

Zoning Code C1
C1
  • Kelly Guo
    Kelly Guo
  • Kelly Guo
(949) 302-4258

  • Listing ID: 31234837

  • Date on Market: 15/03/2024

  • Last Updated:

  • Address: 1333 University Ave, Riverside, CA 92507

The Land Property at 1333 University Ave, Riverside, CA 92507 is currently available For Sale. Contact Kelly Guo for more information.

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1333 University Ave
(949) 302-4258 x

1333 University Ave

Kelly Guo

(949) 302-4258

(949) 302-4258

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