577 W La Cadena Drive, Riverside, CA 92501

About this business

Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications.This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of getting building permits which may be transferred to the new owner which will save you thousands of dollars! Can also be used for Truck parking, the potential is limitless. Call today!

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$340,000

Sold February 2025 · listed $430,000, orig. $450,000, on market October 2024 · MLS #CV24219025 · Source: CRMLS

Listing Agent: Gary Nickels · Listing Office: KELLER WILLIAMS REALTY · Contact: 9512270068 · Bought with: Gary NIckels · KELLER WILLIAMS REALTY

$340,000

Sold February 2025 · listed $430,000, orig. $450,000, on market November 2024 · MLS #CV24230857 · Source: CRMLS

Listing Agent: Gary Nickels · Listing Office: KELLER WILLIAMS REALTY · Contact: 9512270068 · Bought with: Gary Nickels · KELLER WILLIAMS REALTY

$345,000

Sold March 2024 · listed $375,000, orig. $499,000, on market October 2023 · MLS #SW23184813 · Source: CRMLS

Listing Agent: Morgan Mennell · Listing Office: Allison James Estates & Homes · Contact: 951-265-9623 · Bought with: Glenn Gaspar · eXp Realty of Southern Ca, Inc

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