REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by THOMAS CALVA • THOMAS J CALVA BROKER
$ 2,200,000
Est. payment /mo
Active
3868 Dawes Riverside, CA 92503
43,995 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 43,995 sqft
Price per Sqft $50
MLS Listing ID CRIV25221521
HOA Y/N No
Lot Size 1.010 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
The subject property is in an exceptional location minutes away from the Tyler Mall Galleria and other shopping and transit facilities. The subject property is minutes from the 91FWY. (Location Location Location) The subject property is a parcel of land suitable for development of multiple family residential use. County records indicate 3 contiguous lots with the following APN numbers. APNs 145-271-011 & 022, & APN 145-271-014 having a combined total land area of 43995 square feet ( 1.01 Acres). The subject property is zoned R4, high-density, which allows up to 40 dwelling units per acre. The Seller has obtained Site Plan approval for 36 unit Condos project with 36 parking stalls and 7 guest parking stalls. The Site Plan can be modified & redesigned for your own individual architecture configuration. The subject property was recently appraised by one of the top Commercial Real Estate appraisers in Riverside, Curtis Rosenthal Inc & Associates an accredited MAI/FRICS appraiser with an valuation of $2,420,000.00. This appraisal is land value as the small dwelling would be a tear down. The subject property is listed $220,000.00 below appraised value. Both the Site Plan and appraisal will be available upon request.
Location
State CA
County Riverside
Interior
Fireplace No
Building
Water Public
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.