Detailed Introduction Of This Property
Rare opportunity for Visionaries, Builders, Investors, and Contractors. Discover the potential in the Woodcrest Acres near Orange Crest in Riverside.
This 1.15 acre property is a hidden gem waiting to be transformed into something extraordinary. This home is located in a neighborhood where remodeled properties are worth up to $1.4 million. This property offers the rare chance to enter this sought-after market at an unbeatable price point.
This vintage rural home was originally built in 1893 in Monrovia, CA and was moved to Riverside in the 50's as a four-square home and then added on three sides beyond its original 920 sq ft.
The main dwelling of the home is 1,668 sq. ft. (per measured drawings) consisting of three bedrooms and two bathrooms. Behind the main house are additional unrecorded constructed spaces (not on tax roll) built in the 1950's consisting of a workshop, storage room and living space totaling an approximate 1397 sq. ft.. These additions offer an approximate total of 3065 sq ft. of usable space.
There is a separate small house on the property with 2 rooms, a kitchenette, bathroom and a cozy living space of 360 sq ft. on tax roll. You can utilize this space for an in-law suite, guest quarters or even a potential rental unit. Right outside this dwelling is an 8'X8' above ground jacuzzi/spa fully plumbed and hooked up to the electrical panel of the small house. Tax roll references the square footage at 2028 sq. ft of living space.
Buyer to satisfy themselves with all measurements of square footage.
A dormer is in progress on the main dwelling's attic space, offering potential additional living space to add one or two small rooms.
Additionally, there is an on-site 8'X40' High Bay steel cargo container for all your storage needs. Conveniently behind the container there is electrical power and hose bib. There is also an R.V. dump station with additional electrical power and hose bib.
The real value here lies in the land and the possibilities are limited only by your imagination.
This property can be easily turned into an income producing opportunity. Great News! The property is poised for a connection to the newly installed city sewer system in Riverside, for an additional cost through the city, an invaluable advantage for future development. Explore the endless possibilities of this unique property. All information provided is deemed reliable but is not guaranteed.