220 W Big Springs Road, Riverside, CA 92507
Riverside County
Key Facts
Description
PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1977
Stories
2
Living Area
5,109 sq ft
Lot Size
0.60 acres
Days on Market
363
MLS® Listing#
IG25110125
Property Features
Heating
Laundry
Water Source
Financial Details
Parcel Number
253112001
Directions
Intersection of Watkins and W. Big Springs Rd
Affordability Calculator
$260,000
Estimated monthly payment
$6,919/mo
Principal $1,040,000 · Est. interest $1,450,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Riverside, CA
- $756,021
- Median Listing Price
- 45
- Median Days on Market
- 2,154
- Median Sq Ft
- $372
- Median Price / Sq Ft
- 540
- Active Listings
- This home’s price is 72% above the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Riverside, CA.
Location
Points of Interest in Riverside, CA
Showing the Riverside area map.
Nearby Schools
Riverside Stem Academy
School · 0.5 mi away
Church of Jesus Christ of Latter Day Saints
School · 0.9 mi away
Highland Elementary School
Elementary · 0.9 mi away
Icr Weekend School
School · 1.1 mi away
Riverside Garden School
School · 1.1 mi away
University Heights Middle School
Secondary School · 1.4 mi away
Oxford Riverside Academy
School · 1.6 mi away
John W North High School
Secondary · 1.8 mi away
Riverside Student Center - Springs Charter Schools
Elementary · 1.9 mi away
Seneca Elementary School
Elementary · 2.0 mi away
Emerson Elementary
Elementary · 2.2 mi away
The Fab School
School · 2.4 mi away
Longfellow Elementary
Elementary · 2.5 mi away
Hidden Springs Elementary School
Elementary · 2.8 mi away
Highgrove Elementary
Elementary · 2.8 mi away
Lincoln High School
Secondary · 2.9 mi away
Youth Build Charter
School · 2.9 mi away
Immanuel Lutheran Church
School · 3.0 mi away
Box Springs Elementary
Elementary · 3.0 mi away
Castle View Elementary School
Elementary · 3.1 mi away
Commute Calculator
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 18125 Friendly Lane, Riverside, CA | $914,999 | 4 | 4 | 2,936 |
| 17076 First Light, Riverside, CA | $915,000 | 3 | 2 | 2,754 |
| 3589 Castle Reagh, Riverside, CA | $915,000 | 4 | 3 | 1,886 |
| 16765 La Bella Villa, Riverside, CA | $919,000 | 5 | 3 | 3,721 |
| 13710 Sweet Avenue, Riverside, CA | $925,000 | 3 | 3 | 2,832 |
| 5462 Sierra Vista, Riverside, CA | $925,000 | 5 | 3 | 3,009 |
Moving Cost Estimate
EXIT Agents in Riverside
Listing Courtesy: CAPITIS REAL ESTATE - 951-202-4449
Presented by: Jill Huntsinger
Licensed in the state of California.