Riverside, CA 92501,1011 W La Cadena DR

$785,000

Est. payment /mo

$849,000

7.5%
Est.Price: ?

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1011 W La Cadena DR Riverside, CA 92501

2.16 Acres Lot

SOLD DATE : 04/16/2014

Key Details

Sold Price $785,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID EV13194955

Sold Date 04/16/14

HOA Y/N No

Annual Tax Amount $1,861

Tax Year 2012

Lot Size 2.160 Acres

Property Description

SOLD FOR LOT VALUE FOR POSSIBLE FUTURE DEVELOPMENT: This includes 1011 West La Cadena Drive (APN = 201-122-001, which is 1.42 Acres) AND 997 West La Cadena Drive (APN = 246-251-001, which is 32,234 sqft), which are side by side lots, making the TOTAL LOT SIZE A NEAR FLAT 2.16 ACRES with 149 Feet of West La Cadena Frontage and approximate 635 foot depth. Subject property is presently known as 'Palm Trailer Court' with a total of 30 spaces of which 10 spaces are with tenants on site, with their 10 respective excluded Mobile Homes. Tenants are on a Month to Month Tenancy, with a combined total monthly rental income of $2,400.00. There is also an unoccupied 2 Bedroom One Bath Single Family Residence with fireplace, a Detached Two Car Garage, a Small Laundry Room combo Storage Building and a One Bedroom One Bath Trailer that will be sold with the property. Subject property can be delivered with Existing Tenants while buyer gets Plans and Permits in order for redevelopment or it can be delivered Tenant Free at Close of Escrow. Sold 'AS-IS-PRESENT-CONDITION', Seller will NOT carry paper (no seller financing), buyer responsible for Termite Report and Clearance if so desired. Enormous Potential & Great Freeway Exposure !!

Location

State CA

County Riverside

Area 252 - Riverside

Zoning Gen Com

Interior

Fireplace No

Exterior

Community Features Street Lights

Utilities Available Sewer Connected

View Y/N No

View None

Building

Lot Description Flat

Others

Senior Community No

Tax ID 206122001

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KEITH BINKLEY • MOUNTAIN COUNTRY REALTY, INC.
Bought with KEITH BINKLEY • MOUNTAIN COUNTRY REALTY, INC.
agent
Andrew Rhoda

Agent | License ID: 01879250

+1(310) 295-7596 | andrew@andrewrhoda.com

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