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0 Center St

Riverside, CA 92501
  • $888,000
  • STATUS: Active
  • ON SITE: 201 Days
  • ID#: CV22016988
UPDATED: 223 min ago
$888,000
  • 0
    BEDS
  • 1.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Douglas Mccauley of Marcus & Millichap (909-456-3400) and David Covarrubias of ()


Description

We are pleased to present the opportunity to acquire land for multi-family development in Riverside, California. The property is 1.17 acres and is located at the south-east corner of Center Street and Placentia Lane. The site is triangular in shape and has more than 200 feet of frontage on both Center Street and Placentia Lane. According to the Riverside Northside Specific Plan, the land use designation for this site is medium high density and the zoning is R-3-3000. The site can be developed at a density up to fourteen dwelling units per acre. With density bonuses permitted under state law, the residential density may exceed fourteen units per acre, buyer to verify. Seller financing is also available. Northside is a rapidly expanding neighborhood in the City of Riverside. The community is conveniently located at the busy intersection of three major freeways, California 91, California 60, and the Interstate 215. The City of Riverside has a vision for the Northside neighborhood to grow into a healthy and well-balanced community that celebrates the regions history and promotes recreational activities. New developments within a two-mile radius of the subject property include the Northside Village Center and the Trujillo Adobe Heritage Village. Both sites provide a mixture of new residential units, office space, restaurants, community service providers and retail opportunities. Known as the Inland Empire, the Riverside-San Bernardino metro is a 28,000-square-mile region in Southern California composed of San Bernardino and Riverside counties. The metro contains a population of 4.6 million. The largest city is Riverside with more than 324,100 residents and the population has increased over 22 percent since 2000, while being forecasted to grow 2.3 percent over the next five years. Within a five-mile radius of the subject property, the average household income is $77,944 and the population is nearly 250,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-17T00:30:01.15. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Element RE Inc. Licensed in the State of California, USA.
www.livelovethefoothills.com/homes/125142661
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0 Center St Riverside, CA 92501

  • Price: $888,000
  • Status: Active
  • On Site: 201 Days
  • Updated: 223 min ago
  • ID#: CV22016988
0
Beds
0
Baths
0
½ Baths
1.17
Acres
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
We are pleased to present the opportunity to acquire land for multi-family development in Riverside, California. The property is 1.17 acres and is located at the south-east corner of Center Street and Placentia Lane. The site is triangular in shape and has more than 200 feet of frontage on both Center Street and Placentia Lane. According to the Riverside Northside Specific Plan, the land use designation for this site is medium high density and the zoning is R-3-3000. The site can be developed at a density up to fourteen dwelling units per acre. With density bonuses permitted under state law, the residential density may exceed fourteen units per acre, buyer to verify. Seller financing is also available. Northside is a rapidly expanding neighborhood in the City of Riverside. The community is conveniently located at the busy intersection of three major freeways, California 91, California 60, and the Interstate 215. The City of Riverside has a vision for the Northside neighborhood to grow into a healthy and well-balanced community that celebrates the regions history and promotes recreational activities. New developments within a two-mile radius of the subject property include the Northside Village Center and the Trujillo Adobe Heritage Village. Both sites provide a mixture of new residential units, office space, restaurants, community service providers and retail opportunities. Known as the Inland Empire, the Riverside-San Bernardino metro is a 28,000-square-mile region in Southern California composed of San Bernardino and Riverside counties. The metro contains a population of 4.6 million. The largest city is Riverside with more than 324,100 residents and the population has increased over 22 percent since 2000, while being forecasted to grow 2.3 percent over the next five years. Within a five-mile radius of the subject property, the average household income is $77,944 and the population is nearly 250,000.
Exterior Features

Lot Features 11-15 Units/Acre View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Park Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner Will Carry New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning R-3-3000



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-17T00:30:01.15. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Element RE Inc. Licensed in the State of California, USA.
 
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The Costantino Group | Element RE Inc
405 West Foothill Blvd., Suite 203
Claremont CA, 91711
Listing Agent(s): Douglas Mccauley of Marcus & Millichap (909-456-3400) and David Covarrubias of ()