Fantastic investment opportunity with income potential. This expansive 1.29-acre parcel, zoned W-2-M, has previously generated approximately $500 per month from truck and equipment storage, offering immediate cash-flow potential. Located outside of the flood zone, the property allows for two dwellings--site-built or manufactured homes of any age, with no permanent foundation… Read More required.The primary residence may be built to any size, while the secondary unit can be up to 1,500 sq. ft. In addition, Riverside County permits attached ADUs, creating further opportunities for expanded living space or additional rental income.Whether your vision is to develop multiple income-producing units, lease portions of the land for equipment or storage, or build a private ranch-style residence with ample space for recreation or business use, this property offers exceptional versatility. The flexible zoning accommodates a wide range of uses, and its proximity to the freeway provides convenient access while still maintaining privacy.A rare opportunity to invest, build, and enjoy both lifestyle freedom and income potential.Buyer to verify all zoning, building requirements, and intended uses with Riverside County. Read Less
Property listed by HomeSmart, Daniel Ordaz 760-844-7500
Listing Snapshot
Days Online
102
Last Updated
Lot Size
1.29 Acres
MLS Number
219137987DA
Additional Details
Lot
1.29 acres
Property
CityLights, Hills, Mountains
Taxes
Parcel Number: 663090028
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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