875 Clark St - Specialty FOR SALE


Riverside, CA 92501- Northside
$1,300,000 USD
714-673-5181
875 Clark St, Riverside, CA for Sale
$1,300,000 USD
Specialty - FOR SALE
1/6
null | Request Cap Rate

875 Clark St
Riverside, CA 92501
Northside


HIGHLIGHTS

  • This property offers exceptional versatility
  • Exceptional opportunity to acquire approximately 1.5 acres of flat, usable land
  • Expansive rectangular parcel offers significant flexibility for builders, developers, investors, contractors

OVERVIEW

Exceptional opportunity to acquire approximately 1.5 acres of flat, usable land improved with quality existing structures offering immediate utility and outstanding future development potential. The property features a custom-built single-story residence of approximately 3,000 square feet, an oversized 1,000 Square feet attached garage, a detached approximately 2,500-square-foot two-story garage complete with utilities and its own septic system, and a large workshop with electricity, plumbing, restroom, and vehicle lift. Extensive concrete improvements, mature landscaping, dual access points from Clark Street and the rear alley, and a private electric gated entrance further enhance the property’s functionality. The expansive rectangular parcel offers significant flexibility for builders, developers, investors, contractors, or owner-users seeking a property with both current improvements and future upside. Subject to buyer investigation and approval by the City of Riverside, the site may offer the potential to subdivide and build additional residences while retaining or repurposing the existing improvements. The detached garage may also present future ADU or conversion possibilities, subject to buyer verification and governmental approvals. Whether your vision is to create a small residential development, establish a multigenerational family compound, develop additional homes for resale, generate long-term rental income, or simply enjoy a rare estate with room for future expansion, this property offers exceptional versatility. Conveniently located just minutes from Downtown Riverside with outstanding access to the 91, 215, and 60 Freeways, the property combines excellent accessibility with a private setting. As an added benefit, the neighboring approximately 7.5 acres of city-owned land has been designated for a future park, enhancing the surrounding open-space environment.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Clark Street

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

RA1

APN/PARCEL ID

246-220-012

ASK ABOUT THIS PROPERTY

Ben RubalcavaRE/MAX PartnersMore Info
714-673-5181

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Ben RubalcavaRE/MAX PartnersMore Info
714-673-5181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.