NOT LISTED FOR SALE

0 Sierra Glen Dr Unit 21-792740 Riverside, CA 92505

La Sierra Hills Neighborhood
41.45 Acres
-- Price per Acre
1,805,562 Sq Ft Lot

Last Sold January 12, 2022

Last sale price $1,150,000

90 Days on Market

About This Lot

As of January 2022

This investment is a flexible, single-family planned development on 41.45 acres of land, located on the La Sierra hillside in the city of Riverside, California. The subject property consists of 7 parcels (168-060-020, 168-230-001, 168-230-002, 168-230-003, 168-230-004, 168-230-005, 168-230-006) totaling approximately 1,805,561 square feet. The property previously had entitlements for an 18-lot plan in the year 2000. These entitlements have expired, but after a recent meeting with the city, they should allow the development of a new 20-unit community. The current zoning is residential conservation (RC), which allows for the development of 20 single-family residences with variable lot sizes that are equal to approximately two acres per lot. The current planned development is for single-family residences consisting of three to four bedrooms, three bathrooms, and one two-car garage per resident.

Last Agent to Sell the Property

David Lin

Colliers International Greater Los Angel License #01894476 Listed on: 08/06/2021

Last Buyer's Agent

David Lin

Colliers International Greater Los Angel License #01894476 Listed on: 08/06/2021

Property Details

Property Type

  • Land

Lot Details

  • 41.45 Acre Lot
  • Property is zoned RC

Property Views

  • City
  • Canyon
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 168-230-002

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Acreage: 41.4500
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City, Hills
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 168-230-002
  • Lot Size Area: 1805561
  • Potential Usage: Residential Development
  • Price Per Acre: 28915.00

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
01/12/2022 01/12/22 Sold $1,150,000 -4.2% --
11/04/2021 11/04/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $1,200,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-792740

The MLS