12193 Raley Drive, Riverside, CA 92505 - Berkshire Hathaway HomeServices California Properties
12193 Raley Drive Riverside, CA 92505
$1,499,000 8 beds, 5 baths
4, 771 sqft

Agent Remarks

A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note – this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out – seize this golden opportunity and turn your vision into reality today!

Listing Details

Property type: Single Family Residence (Single Family)
Status: Pending
MLS# OC24056889
List price is $1,499,000 Reduced by $100,000 on 5/23/2024
HOA Fee is $0.00
Beds: 8
Baths: 5 (5 full)
See Remarks fireplaces
Built in 1948
4,771 sqft
2 stories
5.68 acres
Lot size: 5.6800
County: Riverside
Zoning: R6W
Construction: Brick,Drywall
Appliances: Gas Cooktop,Gas Oven,Gas Range
Parking description: Attached Carport,Circular Driveway,Covered,Carport,Driveway,Driveway Up Slope From Street,Private,RV Access/Parking
Lot description: TwoToFiveUnitsAcre,SixToTenUnitsAcre,Lot Over 40000 Sqft,Rocks,Secluded,Sprinklers Timer,Value In Land
Heating/cooling: Central Air
Heating description: Central
MLS area: 252 - Riverside

Last Updated: 5/1/2025

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This listing belongs to the 252 - Riverside MLS area

Lat/Long: 33.908685, -117.507918.
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Listing Agent: Mase Abdeshahian
Co Listing Agent: Amy Taylor
Lic#: 01801928
Office Name: Sherman Oaks

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