12193 Raley Drive, Riverside, CA 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!
Bedrooms
8
Bathrooms
5
Square Feet
4,771
Lot Size
247,421 sqft
Year Built
1948
Property Type
Single Family Residence
Days on Market
212
HOA Fee
N/A
Garage Total
0
MLS #
OC24056889
Flooring
Concrete
Fireplace
See Remarks
Accessibility
Safe Emergency Egress From Home
Appliances
Gas Cooktop, Gas Oven, Gas Range
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Main Level Master
Yes
Cooling
Central Air
Heating
Central
Fencing
Privacy, Wrought Iron
Security
Security Gate
Construction
Brick, Drywall
Foundation
Slab
Roof
Composition
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Based on price, location, and features
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