4700 Dewey Avenue, Riverside, CA

$550,000 Approx. USD 0 beds, 0 baths
129,988 sqft

Agent Remarks

The Subject Property includes two parcels totaling 2.98 acres. The two parcels encompass the entire southern block of Palm Avenue and Dewey Avenue fronting the railroad tracks. There are single family residences surrounding the nearly 3 acres and this long strip of vacant land is one of the last remaining large lots within this neighborhood. The property is zoned R1-7000 and measures approximately 1,291± feet long by 100± feet wide. The parcels are located three blocks west of all major stores, entertainment, shops and restaurants, some of which include Ralphs, Rite Aid, Wells Fargo Bank, Vons, Nordstrom Rack and Regal Cinemas. At a list price of $600,000 this property equates to $4.61/SF or approximately $200,000 per acre. Considering the lack of buildable land in this well-developed area, the property is an affordably priced development project for a local investor or developer.

Listing Details

Property type: Land (Lots/Land)
Status: Active Under Contract
MLS# GD16103001
List price is $550,000 Reduced by $50,000 on 9/30/2016
Beds: 0
Baths: 0
129,988 sqft
2.98 acres
Lot size: 129988.000
County: Riverside
Zoning: R17000
MLS area: 252 - Riverside

Last Updated: 10/18/2016

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This listing belongs to the 252 - Riverside MLS area

The listing is zoned R17000.
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Lat/Long: 33.956784, -117.405625.
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Broker: Courtesy of Keller Williams R. E. Services
Listing Agent: Krikor Garabedian

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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