Listed by Robert Livingston•DRE #01445313• Realty World Main Street
Contact: 951-235-5113
For sale
$345,000
Est. $2,370/mo —
2
bd
•
1 ba
•
700
sq ft
2961 11th, Riverside, CA 92507
Price drop
List price was lowered by $5K. Tour it before it's gone!
Today:
About this home
NO BLIND OFFERS will be entertained: SEE ATTACHMENTS: AMAZING OPPORTUNITY IN RIVERSIDE! This unique 8,712 sq. ft. parcel, zoned RA-1 7000, offers an exciting combination of residential use, business potential, and future income possibilities. Currently has an approximately 700 sq. ft. , 3-bedroom, 1-bath residence on sight. The property provides an excellent opportunity for an owner-user, investor, or entrepreneur looking for flexibility and upside. The property originally featured two residences on the lot, with one having been demolished several years ago. Depending upon applicable City of Riverside requirements and approvals, the additional residence may offer an opportunity for future redevelopment, adding even greater potential to this already versatile property. Imagine living on-site while operating your business, utilizing the property as an income-producing investment, or exploring future development opportunities. With its generous lot size and M-2 zoning, this property offers possibilities that traditional residential properties simply cannot. Conveniently located south of the 91 Freeway and east of 14th Street, the property is near a new elementary school currently being developed, adding further appeal to the surrounding area. You’ll also enjoy close proximity to Downtown Riverside, major freeways, shopping, dining, nightlife, Riverside Plaza, and the iconic Mount Rubidoux. Priced to move and loaded with possibilities, this is an opportunity you won't want to overlook. Properties offering this combination of location, lot size, existing residence, and M-2 zoning are difficult to find. Bring your vision and explore the potential this Riverside property has to offer!
Cridge Park, located between Downtown Riverside and the University of California, Riverside, is a residential and academic-adjacent Riverside neighborhood with leafy streets and a foothill backdrop. The neighborhood’s character concentrates around the Mission Inn Avenue and Market Street corridor, where coffee counters, galleries, and sidewalk patios set a steady daytime rhythm. Early-20th-century bungalows and midcentury ranch homes mix with small apartment courts near campus. Fairmount Park’s lake paths and picnic lawns shape an outdoors-forward routine. The Fox Performing Arts Center and the Riverside Art Museum anchor a culture calendar, while the Mission Inn Hotel & Spa adds a landmark sense of place.
Provided by Walk Score and Local Logic
Offer insights
2961 11th · $345,000
$345K and above
75% chance or better to win
Why $345K+ is a strong offer
DAYS ON MARKET
29 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
One-level home
Entry on main level
Fixer condition
Bedrooms
Three main-level bedrooms
Bathrooms
One full bathroom with bathtub
Kitchen
Eating area in kitchen
No appliances included
Laundry & utility
Laundry in its own room
Heating & cooling
Central furnace heating
Exterior features
Block wall and chain link fencing
Shed on property
Rectangular lot shape
Curbs
Paved road frontage with access via city streets
Home design
House
Faces west
Single-story
Parking
Driveway
Construction
Year built per assessor
Utilities
Public sewer
District/public water
Natural gas connected
Electricity connected
Sewer connected
Water connected
Telephone available in street
Cable available
Financial info
Special assessments
Other
Total of 1 unit
No attached common walls
Parcel number 211201023
Living area source: seller
No ADU
Electricity and solar
View estimated energy costs and solar savings for this home
Additional Single-family Residential Zones (R-1-1/2 Acre, R-1-13000, R-1-10500, R-1-8500 and R-1-7000) are established to provide areas for single-family residences with a variety of lot sizes and housing choices.
Zone overlays
Riverside Marketplace
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Ranch
Housing-Group
Housing-Single unit
Housing-Other
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Local insights from Redfin agents
Riverside offers a great variety of areas to explore, from the historic charm of Downtown and the Wood Streets to the University area and newer neighborhoods like OrangeCrest. Buyers will also find local favorites such as Mount Rubidoux, Victoria...
Avenue, parks, restaurants, and plenty of outdoor spa