NOT LISTED FOR SALE

0 Wells Unit PW22238947 Riverside, CA 92503

Arlanza Neighborhood
1.34 Acres
-- Price per Acre
58,370 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $475,000

82 Days on Market

Highlights

  • 1.34 Acre Lot
  • No HOA
  • Neighborhood Views

About This Lot

As of March 2023

The subject property is a ± 1.34 acre residential development site located on Wells Road in the Arlanza community of Riverside, California. The site is generally flat and rectangular in shape with 175’ of frontage along Wells Road.

The property is zoned R-1-7000 residential which allows for up to 6.2 dwelling units per acre. The General Plan Land Use designation for this site is Medium Density Residential. The Medium Density Residential designation provides for the development of single-family homes, townhomes and row houses. This designation allows a maximum of 6.2 dwelling units per acre, or up to 8.0 dwelling units per acre when associated with a Planned Residential Development (PRD) permit. With a density of 6.2 du/acre, this site would support a project of 8 lots, with a density of 8 du/acre the project could be up to 10 lots.

This site is located on the southern side of Wells Avenue, one parcel to the east of busy Tyler Street. The neighbor to the immediate west is the Tyler Plaza retail center and the neighbors directly across Wells Road include a church and a Montessori school. The majority of the remaining neighborhood surrounding the site is residential in nature.

Last Agent to Sell the Property

Matthew Wenzel

Marcus & Millichap License #01198357 Listed on: 11/09/2022

Last Buyer's Agent

Matthew Wenzel

Marcus & Millichap License #01198357 Listed on: 11/09/2022

Property Details

Property Type

  • Land

Lot Details

  • 1.34 Acre Lot
  • Density is 6-10 Units/Acre
  • Value in Land
  • Property is zoned R-1-7000

Property Views

  • Neighborhood Views

Listing and Financial Details

  • Legal Lot and Block 9 / 13
  • Assessor Parcel Number 147252038
  • $63 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R-1-7000
  • Property Type: Land
  • Parcel Number: 147252038
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 8.14

Exterior Features

  • View: Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot Over 40000 Sqft, Value In Land
  • Lot Size Sq Ft: 58370.00
  • Lot Size Acres: 1.3400
  • Latitude Manual: 33.92843300

Multi Family

  • Lot Size Area: 58370.0000 Square Feet

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 412.02
  • Tax Lot: 9
  • TaxOtherAnnualAssessmentAmount: 63.00

Range of Values:

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Average Value
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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 Change Sq Ft Price
03/30/2023 03/30/23 Sold $475,000 -20.8% --
01/30/2023 01/30/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $600,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Wenzel

    Marcus & Millichap

    (562) 257-1200

    1 in this area

    14 Total Sales

    Matthew Wenzel
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22238947

California Regional Multiple Listing Service (CRMLS)

California Riverside County Riverside 92503 Arlanza

0 Wells Unit PW22238947, Riverside, CA

This home is located at 0 Wells Unit PW22238947, Riverside, CA 92503 since 09 November 2022. 0 Wells Unit PW22238947 is a home located in Riverside County with nearby schools including Foothill Elementary School, Wells Middle School, and Norte Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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