4812 Doane Avenue
Riverside, CA 92505
0.45 acres | #PW24040150
Description
The subject property is a ± 0.45 acre infill residential development site located at 4802-4812 Doane Ave. in the La Sierra community of Riverside, California.
The property is zoned R-3-1500 residential which allows for up to 29 dwelling units per acre. This zoning also allows for Unlimited Density for a 100% Affordable Housing project. The General Plan Land Use designation for this site is MU-V Mixed-Use Village which provides for medium to high density residential development with retail, office and service uses primarily at the street level to facilitate a pedestrian environment.
This site is located one block to the east of the busy La Sierra commercial corridor. The neighborhood in this area is primarily residential in nature and is composed of single-family residences, duplexes, fourplexes and small multi-family apartment buildings. Directly to the north of the subject property is the Church of Christ building.
The site is generally flat with approximately 100’ of frontage along Doane Avenue and approximately 131’ of frontage along Wells Avenue. This is an infill site and all utilities are available in in the street. Additionally, this site is in the Alvord Unified School District with elementary, middle and high schools all in close proximity.
Riverside is similar to the majority of Southern California in that residential development, in general, is in high demand and the market for new residential development sites is greatly supply restricted.
Property Details
- Lot DescriptionCornerLot
Measurements
- Acres0.45
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyRiverside
Financial Details
- Original List Price$550,000
Other
- MLS #PW24040150
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Matthew Wenzel (#PWWENMAT)
Listing Office: Marcus & Millichap (#PB12429)
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.
