0 Indiana Avenue
Riverside, CA 92503    Directions

Great opportunity for builders and investors in a prime development area minutes to the 91 and 15 freeways. - 1 mile to the Metrolink station off La Sierra Ave. in Riverside, and 2 miles to the Costco and Walmart shopping centers off McKinley St. in Corona. - 3 parcels sold together with rolling terrain and access to utilities overlooking the cities of Riverside and Corona. - The land is low density R1-1000 but can be re-zoned for higher density R-3. - The land had been approved by the County of Riverside to build 16 single-family homes with Approved Tentative Tract Map, the permit had since expired. The New owner will start new plans with the County to build single-family homes or more lucrative multi-unit housing project. Seller can provide copies of all studies and reports made and presented to the County to get the approval for the expired Tract Map. - During Covid Seller started pre-approval re-zoning plans with the County to build a Residential 3 story Multi Unit Complex with 2 bedrooms 2 bathrooms units, pool, clubhouse etc. The seller could not proceed with the plans for lack of funding and expertise in the field. - Come and check out this gorgeous property nestled by the beautiful Lake Hills community. Make your plans, build your dreams.