$137,200
$198,000
30.7%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 11/20/2023
Key Details
Sold Price $137,200
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG23165863
Sold Date 11/20/23
HOA Y/N No
Lot Size 10,018 Sqft
Property Description
Seeking Co-INVESTORS to build 2-storey SFR 2600 sq.ft house or will sell the land with plans if you are a solo investor
Owner has approved building plans on hand.
Future house value is appraised at 950K+
Cost of the land with approved building plans 198K
Cost of City fees to issue permit 25K
Cost of building the house 430K
Expected total profit 250K
Project turnaround time is less then 1 year
Min.amount needed from co-investor - 250K
Terms are 50/50 , including adding co-investor name to the title and signing agreement with an attorney.
Contact for more details
Location
State CA
County Riverside
Area 252 - Riverside
Zoning R-A
Interior
Fireplace No
Exterior
Community Features Suburban
Utilities Available Electricity Available, Sewer Available, Water Connected
View Y/N Yes
View Neighborhood
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Ekaterina Allen • Premier Agent Network, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "