$345,000
 $1,852 est/mo Sourced by Back At You

2961 11th,Riverside, CA 92507

Riverside, CA 92507

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Description

NO BLIND OFFERS will be entertained: SEE ATTACHMENTS: AMAZING OPPORTUNITY IN RIVERSIDE! This unique 8,712 sq. ft. parcel, zoned RA-1 7000, offers an exciting combination of residential use, business potential, and future income possibilities. Currently has an approximately approximately 528ish sq. ft., 3-bedroom, 1-bath residence on sight. The property provides an excellent opportunity for an owner-user, investor, or entrepreneur looking for flexibility and upside. The property originally featured two residences on the lot, with one having been demolished several years ago. Depending upon applicable City of Riverside requirements and approvals, the additional residence may offer an opportunity for future redevelopment, adding even greater potential to this already versatile property. Imagine living on-site while operating your business, utilizing the property as an income-producing investment, or exploring future development opportunities. With its generous lot size and M-2 zoning, this property offers possibilities that traditional residential properties simply cannot. Conveniently located south of the 91 Freeway and east of 14th Street, the property is near a new elementary school currently being developed, adding further appeal to the surrounding area. You'll also enjoy close proximity to Downtown Riverside, major freeways, shopping, dining, nightlife, Riverside Plaza, and the iconic Mount Rubidoux. Priced to move and loaded with possibilities, this is an opportunity you won't want to overlook. Properties offering this combination of location, lot size, existing residence, and M-2 zoning are difficult to find. Bring your vision and explore the potential this Riverside property has to offer!

Details

MLS #IG26195223
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1941
Days On Site64
Listing Provided ByRealty World Main Street | Robert Livingston

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet528
Story(s)1
Units1
Acreage0.20
Property ViewNone

Interior

CoolingNone
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoNo
Interior FeaturesEat In Kitchen
Fireplace Yes / NoNo

Exterior

Lot FeaturesRectangular Lot
FencingBlock, Chain Link

Parking

Parking FeaturesDriveway
Garage Yes / NoNo

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
SewerPublic Sewer

Location

Community FeaturesCurbs

Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 Riverside
Listing VS Median (in 92507)
Price:
$345,000
low | high
Med:
$585,000
19.565217391304% of Average
sqft:
528
low | high
Med:
1,520
100% of Average
$ / sqft:
$653
low | high
Med:
$390
90.291562324858% of Average
On site:
64
low | high
Med:
25
100% of Average
Sourced by Back At You

Market Activity 92507

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Learn More About This Property

StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 Riverside
Listing VS Median (in 92507)
Price:
$345,000
low | high
Med:
$585,000
19.565217391304% of Average
sqft:
528
low | high
Med:
1,520
100% of Average
$ / sqft:
$653
low | high
Med:
$390
90.291562324858% of Average
On site:
64
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: October 19, 2026 at 5:00:16 PM PDT