12193 Raley Dr., Riverside, CA 92505 - OC24056889 - iPro Real Estate

12193 Raley Dr.
Riverside, CA 92505

Active, Single-Family Sale

For Sale

$1,599,000 $335.15 per sqft

Free Professional CMA

Listing ID : OC24056889

  • Beds

    8
  • Baths

    5/0
  • Structure / Lot Size

    4,771 Sqft / 5.6800 Acre
  • Year

    1948

Description

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!

Details

Type: Single-Family Sale 
Subdivision: 252 - Riverside 
County: Riverside 
Security Features: Security Gate 
Tax ID: 168340001
School District: Riverside Unified
Building Size: 4,771 SqFt 
Pool: Yes
Pool Features: 31, Pool - Yes 
Days on Market: 68 
Access Features: Other 
AltCal ID: CROC24056889 
Amenities: Window Covering(s) 
Construction Type: Other, Brick 
Cooling: Central AC 
Foundation: Concrete Slab 
Heating: Central Forced Air 
Kitchen: Other, Oven Range - Gas, Oven - Gas 
Laundry: Gas Hookup, 38 
Property Condition: Fixer Upper  
Property Type: Residential Sale 
Roof: Composition 
Sewer: Septic Tank / Pump 
Sub Type: Single Family Home 
Utilities: Other  
View: Hills, Panoramic, Canyon, 34, Valley, Forest / Woods, City Lights 
Water: District - Public 

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33.908005 -117.501839 $1,599,000 OC24056889
12193 Raley Dr., Riverside, CA 92505
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Listed by Mase Abdeshahian with Regency Real Estate Brokers

Based on information from the MLSListings MLS) as of 5/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes