2550 Mission Inn Avenue
Riverside, CA 92507
1216 sqft | 0.21 acres | #24465197
Description
This property has a 2 story historic structure on it, waiting to be finished. Foundation is only 1 1/2 years olds, roof is good, and all walls are ready for new electric, plumbing, etc. Plans are in final stages with the city to be completed (they only had a few more changes), and there is a water main from the street with a new water meter as well. I can refer you to a hard money lender if need be (her rate is 11%). Plans are prepared for a two bedroom, 1.5 bath house, with additional plans for an extra bedroom on the bottom level (if desired.) A massive amount of parking available and property is set back from the street, allowing for an ADU (and now the city has pre-approved ADU plans as well). Also, a garage is not needed on the property due the historic aspect. To finish, the main job would be the framing and closing in the property, and the rest is plumbing, electric, and finishing.
Property Details
- Property SubtypeSingleFamilyResidence
- CountyRiverside
- Property TypePurchase
- Original List Price$299,000
- MLS #24465197
- MLS #24465197
- Acres0.2066
- Cost299000
- ViewHills
- Square Feet1216
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Aric Cushing/ Ascent (#CLW-X59822)
Listing Office: Meridian Capital Real Estate (#CLW-X78122)
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.
