NOT LISTED FOR SALE
3.95 Acres
-- Price per Acre
172,062 Sq Ft Lot

Sale Details

Date Sold: October 29, 2020

Last sale price $2,500,000

139 Days on Market

About This Lot

As of October 2020

This sale comprises of two parcels: 210-140-014 (1.61 Acres or 70,131 SF) and 210-150-026 (2.34 Acres or 101,930 SF), and the total area is 3.95 Acres or 172,061 SF, or $14.53/SF. These two parcels are located in the Industrial Zone (I) in the City of Riverside. They provide an excellent development opportunity. The Floor-Area-Ratio is 60%. The permitted developments include:
Aircraft Charter Services,
Aircraft Parts, Supplies, Merchandise and Equipment Shops,
Brewery, Microbrewery and Winery manufacturing and wholesale only.
Heliport or Helistop (conditional use),
Laboratories - Research,
Lumber Yard and Building Materials - Wholesale,
Manufacturing (Indoors),
Medical Services - Clinic, Medical/Dental Offices, Laboratory, Urgent/Express Care, and Optometrist (Minor Conditional Use MC),
Offices (Administrative, Business, Executive and Professional, but not Medical or Dental),
Outdoor Storage Yard - Primary Use (P/MC),
Publishing and Printing,
Recycling Center - Paper, Glass, Plastic, Aluminum and Nonferrous Metals (C),
Recycling Center - Solid Waste Transfer Stations and Material Recovery Facilities (C),
Showroom,
Truck Terminal,
Wireless Telecommunication Facilities and Related Support Structures (C).

Last Agent to Sell the Property

Caleb Kwok

KW Executive License #01113074 Listed on: 03/18/2020

KW Executive

Co-Listed By

KAREN KUIT

eXp Realty of California Inc License #01953837

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Property Type

  • Land

Lot Details

  • 3.95 Acre Lot
  • Barbed Wire
  • Chain Link Fence
  • Level Lot
  • Irregular Lot
  • 210140014
  • Value in Land

Utilities

  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 210150026

Property Details

Property Type

Land

Lot Details

3.95 Acres

Listing Details

  • Improvements: Vacant land, no improvement on site
  • Possible Use Comments: Aircraft Charter Services, Aircraft Parts, Supplies, Merchandise and Equipment Shops, Brewery, Microbrewery and Winery manufacturing and wholesal...
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: I
  • Property Type: Land
  • Parcel Number: 210150026
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 14.53

Exterior Features

  • Fencing: Barbed Wire, Chain Link

Utilities

  • Utilities: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 210140014
  • Land Lease: No
  • Lot Features: Irregular Lot, Level, Value In Land
  • Lot Size Sq Ft: 172061.00
  • Lot Size Acres: 3.9500

Multi Family

  • Lot Size Area: 172061.0000 Square Feet

Tax Info

  • Tax Census Tract: 305.02

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 18, 2020
Closed on
Oct 22, 2020
Sold by
Bought by
Seller's Agent
Caleb Kwok
KW Executive
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Aug 7, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,000,000 None Listed On Document
$9,000,000 Commonwealth Land Title
-- First American Title
-- First American Title
$2,500,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000,000
Previous Owner $1,030,000
Previous Owner $1,000,000
Previous Owner $1,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $2,500,000 0.0% --
08/04/2020 08/04/20 Pending -- -- --
07/24/2020 07/24/20 Off Market $2,500,000 -- --
06/05/2020 06/05/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $2,500,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $62,083 $5,676,198 $5,545,332 $130,866
2025 $58,657 $5,564,900 $5,436,600 $128,300
2023 $58,657 $1,560,600 $1,560,600
2022 $17,687 $1,530,000 $1,530,000 $0
2021 $17,414 $1,500,000 $1,500,000 $0
2020 $5,600 $464,821 $464,821 $0
2019 $5,500 $455,707 $455,707 $0
2018 $5,397 $446,772 $446,772 $0
2017 $5,306 $438,012 $438,012 $0
2016 $4,984 $429,424 $429,424 $0
2015 $4,919 $422,975 $422,975 $0
2014 $5,068 $414,691 $414,691 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20060545

California Regional Multiple Listing Service (CRMLS)

APN: 210-150-026

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