$550,000
$500,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,004 SqFt
SOLD DATE : 04/16/2024
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $547
MLS Listing ID IV24003891
Sold Date 04/16/24
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1946
Lot Size 0.270 Acres
Acres 0.27
Property Description
Welcome to a unique opportunity adjacent to the prestigious California Baptist University! This captivating property, built in 1946, seamlessly combines vintage charm with exciting development potential. Boasting 3 bedrooms, 1 full bath, a convenient laundry room, and a spacious 2-car carport, this residence offers a perfect blend of comfort and functionality.
Situated on a substantial lot of 11,761 sqft, the property not only provides ample space for relaxation but also holds significant investment potential. A second structure at the rear, previously used for storage and temporary living, showcases the adaptability of this versatile space.
The property's proximity to California Baptist University adds an extra layer of appeal, making it an ideal residence for faculty, staff, or students seeking a conveniently located home. With alley access and a vast lot, this property presents a unique opportunity for expansion. In response to the growing demand for housing, the rear half of the lot offers the potential for constructing 1 or 2 additional units, enhancing its value and versatility.
This listing isn't just a home; it's an investment in the future, strategically positioned near one of California's premier educational institutions. Whether you're captivated by its vintage charm or enticed by its development prospects, this property is a rare gem.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning R1065
Rooms
Main Level Bedrooms 3
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Interior
Interior Features All Bedrooms Down
Laundry Location Washer Hookup,Gas Dryer Hookup,Laundry Room
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Spaces 1.0
Carport Spaces 2
Garage Description 1.0
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
View None
Attached Garage No
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Level, Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
Elementary Schools Monroe
Middle Schools Chemawa
High Schools Arlington
School District Riverside Unified
Others
Senior Community No
Tax ID 233110025
Acceptable Financing Cash, Conventional, FHA 203(k), FHA, VA Loan
Green/Energy Cert Solar
Listing Terms Cash, Conventional, FHA 203(k), FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with LISA ANDRE • COLDWELL BANKER REALTY
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