USACARiverside3868 Dawes St
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$2,200,000

For Sale

6 months ago

3868 Dawes St, Riverside, CA

MLS® IV25221521

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 172
Approx. Age 
MLS® Number IV25221521

Property Address: 3868 Dawes St, Riverside, CA, 92503-3522

Average square foot calculated using Size range provided by listing agent.

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 3 contiguous lots with the following APN numbers. APNs 145-271-011 & 022, & APN 145-271-014 having a combined total land area of 43995 square feet ( 1.01 Acres). 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.
MLS® NumberIV25221521
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 19, 2025List Date
$2,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
3868 Dawes St, Riverside, CA

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