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5608 La Sierra Ave 2.13 Acres of Commercial Land Offered at $2,681,172 CAD in Riverside, CA 92505
Investment Highlights
- Corner-lot redevelopment site in Riverside’s La Sierra area.
- Marketed for 11 houses plus 10 ADUs on 11 parcels.
- Best suited for a buyer focused on residential development.
- About 92,783 SF, or 2.13 acres.
- Strong infill location near schools, parks, and established 1990s homes.
Executive Summary
Welcome to 5608 La Sierra Ave, Riverside CA 92505, where a fantastic opportunity awaits in this corner lot (92,783 SF/2.13 acres) located at the intersection of Campbell Ave and La Sierra Ave. Nestled in a picturesque residential neighborhood adorned with charming homes predominantly constructed in the 1990s, this plot of land boasts immense potential for development.
With plans in process for the construction of 11 houses + 10 ADUs on 11 parcels, envision crafting a vibrant community in this desirable locale. Situated just minutes from the local elementary school and parks, convenience meets comfort for families seeking an idyllic setting to call home.
Don't miss out on the chance to shape the future of this promising property, offering the perfect canvas for realizing your vision of a thriving residential enclave.
Note: There is currently a single-family residence on the property, which the current owner will demolish.
With plans in process for the construction of 11 houses + 10 ADUs on 11 parcels, envision crafting a vibrant community in this desirable locale. Situated just minutes from the local elementary school and parks, convenience meets comfort for families seeking an idyllic setting to call home.
Don't miss out on the chance to shape the future of this promising property, offering the perfect canvas for realizing your vision of a thriving residential enclave.
Note: There is currently a single-family residence on the property, which the current owner will demolish.
Property Facts
| Price | $2,681,172 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.13 AC |
| Price | $2,681,172 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.13 AC |
1 Lot Available
Lot
| Price | $2,681,172 CAD | Lot Size | 2.13 AC |
| Price Per AC | $1,258,766.15 CAD |
| Price | $2,681,172 CAD |
| Price Per AC | $1,258,766.15 CAD |
| Lot Size | 2.13 AC |
1 1
Fairly walkable
40/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 149-170-053 | Improvements Assessment | $1,202,691 CAD |
| Land Assessment | $400,900 CAD | Total Assessment | $1,603,591 CAD |
Property Taxes
Parcel Number
149-170-053
Land Assessment
$400,900 CAD
Improvements Assessment
$1,202,691 CAD
Total Assessment
$1,603,591 CAD
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5608 La Sierra Ave
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