$699,888
For Sale

4998 Bushnell Avenue

Riverside, CA 92505
2.28 acres | #CV24239901
Listing OfficePACIFIC REALTY CENTER
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This 2.28-acre parcel of vacant land can be subdivided into multiple lots that can offers numerous development opportunities. Located in a rural setting yet conveniently close to all amenities, the property provides endless possibilities. Previously was divided into four lots of approximately 0.75 acres each, While the plat map with the city has expired, buyers can apply for renewal to potentially build additional homes. Adjacent to the property, a new subdivision with approximately 36 homes was completed in 2023, highlighting the area's growth and appeal. Building homes with accessory dwelling units (ADUs) is another attractive option. The land's location near La Sierra University, Tyler Mall, and easy access to the 91 and 15 Freeways makes it highly desirable and accessible. This property is ideal for constructing a custom home with ample space for various activities, such as RV and toy storage, horse-keeping, or embracing a farm lifestyle. Additionally, the sellers may consider financing options for interested buyers. Prospective buyers are encouraged to consult the City of Riverside Planning Department for further details and development possibilities.

  • Property Details
      • Lot DescriptionLotOver40000Sqft
    • Measurements
      • Acres2.28
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyRiverside
  • Financial Details
      • Original List Price$699,888
  • Other
      • MLS #CV24239901

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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