$2,200,000

3868 Dawes, Riverside, CA 92503

Land
Built in ——
1.01acre lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

The subject property is in an exceptional location minutes away from the Tyler Mall Galleria and other shopping and transit facilities. The subject property is minutes from the 91FWY. (Location Location Location) The subject property is a parcel of land suitable for development of multiple family residential use. County records indicate APNs 145-271-011 & 022 are in conjunction with APN 145-271-014 having a combined total land area of 43995 square feet (1.01 acre). The subject property is zoned R4, high-density, which allows up to 40 dwelling units per acre. The Seller has obtained Site Plan approval for 36 unit Condos project with 36 parking stalls and 7 guest parking stalls. The Site Plan can be modified & redesigned for your own individual architecture configuration. The subject property was recently appraised by one of the top Commercial Real Estate appraisers in Riverside, Curtis Rosenthal Inc & Associates an accredited MAI/FRICS appraiser with an valuation of $2,420,000.00. This appraisal is land value as the small dwelling would be a tear down. The subject property is listed $220,000.00 below appraised value. Both the Site Plan and appraisal will be available upon request.

Listing Status:: Active
Date Added:: September 20, 2025 at 05:00AM
Listing Office:: THOMAS J CALVA BROKER : 951-255-7477
Listing Agent:: THOMAS CALVA : 951-255-7477
MLS ID:: IV25222074

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Riverside

Zoning: R4145271011
View: None

Water: Public

Source: CRMLS_CRM

This listing courtesy of THOMAS CALVA, THOMAS J CALVA BROKER

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Myra Linn Elementary School

10435 Branigan Way, Riverside, CA, 92505

Grades KG-5

0.97 miles away

Wells Middle School

10000 Wells Ave, Riverside, CA, 92503

Grades 6-8

1.31 miles away

La Sierra High School

4145 La Sierra Ave, Riverside, CA, 92505

Grades 9-12

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.