NOT LISTED FOR SALE

0 Railroad Ave Cabazon, CA 92230

1.49 Acres
-- Price per Acre
64,904 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $350,000

180 Days on Market

About This Lot

As of October 2021

Prime income-producing land. Largest size Bulletin Billboard rented to big brands such as Morongo Casino and Resort, San Manuel Casino. Yearly renewing contracts with on-time payments. Financial Income Documents are available upon request.
>>Heavy Freeway Traffic Exposure
>>Excellent Location near outlets and casinos
>>Billboard on Property, largest size bulletin on one parcel of this portfolio with steady cash flow
>>Zoned for many practical uses

Seller give option to sell the billboard structure only with land easement right for $450,000.

Last Agent to Sell the Property

Michael Rademaker

M G R PROPERTY MANAGEMENT License #00556679 Listed on: 04/28/2021

M G R PROPERTY MANAGEMENT

Last Buyer's Agent

Michael Rademaker

M G R PROPERTY MANAGEMENT License #00556679 Listed on: 04/28/2021

M G R PROPERTY MANAGEMENT

Property Details

Property Type

  • Land

Lot Details

  • 1.49 Acre Lot
  • Density is up to 1 Unit/Acre
  • 519190041,519190042
  • Property is zoned C-P-S

Location

  • Suburban Location

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 519190040

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Inclusions: Existing Billboard on site with annually renewable lease contract
  • View: Yes
  • Zoning: C-P-S
  • Property Type: Land
  • Parcel Number: 519190040
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.39

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 519190041,519190042
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 64904.40
  • Lot Size Acres: 1.4900
  • Latitude Manual: 33.91822000

Multi Family

  • Lot Size Area: 1.4900 Acres

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $350,000 -36.4% --
07/19/2021 07/19/21 Price Changed $550,000 -8.3% --
04/28/2021 04/28/21 For Sale $600,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Rademaker

    Seller's Agent in 2021

    Michael Rademaker

    M G R PROPERTY MANAGEMENT

    (909) 981-4466

    10 Total Sales

    Michael Rademaker
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21089703

California Regional Multiple Listing Service (CRMLS)
California Riverside County Cabazon 92230

0 Railroad Ave, Cabazon, CA

Not Listed for Sale

Lots

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