4783 MONROE Street, Riverside, CA 92504

About this single-family home

Calling all investors!! Lots of development opportunity with this property! Seller is including the adjacent lot with APN # 191-150-020 (which is 9,148 square feet) in this sale. Both lots and 2 structures for the price of a small home! With so much land it may be possible to subdivide and build multiple homes or multi family dwellings. The taxes are low and the property is already connected to the sewer(2 years old). The driveway could be an easement to each lot (if subdivided)  including the adjacent lot that the seller is including. There are many potential options for an investor here! Even if you are just looking to flip. Both structures are on APN#191-150-021. Main unit is a 3 bed + Den 2 bath. Second unit, is a 2 bed 2 bath. You can rent them out until you are ready to build. One of the best location in Riverside. Growing development on Arlington and Van Buren will make huge impact in property value as a short term investment. Please do not walk on the property nor disturb occup

Listing description from the November 2017 sale, as reported to CRMLS.

Sale history

$345,000

Sold November 2017 · listed $375,000, orig. $395,000, on market June 2017 · MLS #17246922 · Source: CRMLS

Listing Agent: Steffan Kase · Listing Office: Dream Realty Asset Mgt, Inc. · Contact: 213-380-8949 · Bought with: Mark Younglove · Kielty Realty

$295,000

Sold July 2015 · listed $279,000, orig. $289,000, on market May 2015 · MLS #IG15092504 · Source: CRMLS

Listing Agent: Jeannine Brown · Listing Office: Pacific Lifestyles Realty · Contact: 951-297-7910 · Bought with: Sarah Lee · Keller Williams Palos Verdes

$225,000

Sold January 2015 · listed $249,900, on market October 2014 · MLS #IG14224780 · Source: CRMLS

Listing Agent: Robert McCliman · Listing Office: Pacific Star Real Estate · Contact: 951-751-9188 · Bought with: Jeannine Brown · Pacific Lifestyles Realty

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