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Marcel Chaparteguy
CA DRE# 00599980
FOR SALE
$1,499,000

12193 Raley Drive
Riverside, CA 92505

Single Family
Residential
8
Beds
5
Baths
4,771
Sq. Ft.
5.68
Acre Lot
Courtesy: Mase Abdeshahian - Regency Real Estate Brokers; Email: mase@realtormase.com
Home> California> Riverside> 92505
A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out seize this golden opportunity and turn your vision into reality today!
CROC24056889
Single Family, 2 Story
8
Riverside
5 Full
1948
5.68 Acres
Public, Other
2
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Mase Abdeshahian - Regency Real Estate Brokers; Email: mase@realtormase.com

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