12193 Raley Drive

Riverside, CA 92505

$1,599,000
Price
8
Beds
5
Baths
4,771 Sq. Ft.
$335 / Sq. Ft.
4,771
Sq. Ft.
$335
per Sq. Ft.

Description

A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse...A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note – this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out – seize this golden opportunity and turn your vision into reality today!
  1. Listed by Mase Abdeshahian • DRE #02200526 • Brokerage DRE #01200533 • Regency Real Estate Brokers
  2. Listed by Amy Taylor • DRE #01015533 • Brokerage DRE #01200533 • Regency Real Estate Brokers

Property Details for 12193 Raley Drive

View
Canyon, City Lights, Hills, Mountain(s), Panoramic, Rocks, Trees/Woods, Valley
Parking Spaces Total
0
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4771

Location

Listing Courtesy of Regency Real Estate Brokers, Mase Abdeshahian, DRE #02200526; Regency Real Estate Brokers, Amy Taylor, DRE #01015533
Add your commute
LISTING UPDATED: 04/04/2024 08:36 AM

Property Details for 12193 Raley Drive

StatusActive
MLS #OC24056889
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size5.68 AC / 247,421 SF
CountyRiverside County

Location

Listing Courtesy of Regency Real Estate Brokers, Mase Abdeshahian, DRE #02200526; Regency Real Estate Brokers, Amy Taylor, DRE #01015533
Add your commute

Building Information for 12193 Raley Drive

Stories2Year Built1948Building Size-Lot Size5.68 AC / 247,421 SF

Payment Calculator

$9,310 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,726

Property Taxes

$584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12193 Raley Drive

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Tract Number: 040902
  • Tax Census Tract: 409.02
  • CFD/Mello-Roos Fee: $118
  • Tax Lot: 0
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Dog Park, Golf, Park, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Cooktop
  • Equipment: Gas Oven, Gas Stove, Gas Range
  • Room Type: See Remarks
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Shower, Shower in Tub
  • Eating Area: Area
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Laundry Utilities: Gas, Gas & Electric Dryer HU
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Fireplace: Other/Remarks
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Flooring: Concrete
Exterior Features
  • Window Features: Blinds
  • Security Features: Automatic Gate
  • Security: Automatic Gate
  • Construction Materials: Brick, Drywall Walls
  • Exterior Construction: Brick
  • Exterior: Brick
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Privacy, Wrought Iron
  • Fencing: Privacy, Wrought Iron
  • Foundation Details: Slab
  • Structure Type: House
  • Other Structures: Guest House Detached
  • Property Condition: Fixer
  • Miscellaneous: Value in Land
  • View Description: Canyon, City Lights, Hills, Panoramic, Rocks, Trees/Woods, Valley
  • Pool Features: Private
  • Pool Description: Private
  • Pool: Private
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre, 6-10 Units/Acre, Lot Over 40000 Sqft, Rocks, Secluded, Sprinklers Timer, Value In Land
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Conventional Septic
  • Utilities: Electricity Connected, Phone Connected, See Remarks, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Circular Driveway, Driveway - Combination, Private, RV Access
  • Parking Non-Garage: Carport, Circular Driveway, Driveway - Combination, Private
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Carport, Attached Carport, Circular Driveway, Covered, Driveway - Combination, Driveway Up Slope From Street, Private, RV Access/Parking
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 12193 Raley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12193 Raley Drive

Taxable ValueLand$289,654Additions$275,168Total$564,822
Tax Record2023$7,006 ($584 / month)
Home Facts
Baths3.5Total Finished SqFt1,248 SqFtAbove Grade Finished SqFt1,248 SqFtStories1Lot Size247,420 SqFtStyleMulti-Family Dwelling (2-4)Year Built1996Year Renovated1997ZoningR1CountyRIVERSIDEAPN168-340-001Fireplace TypeHas Fireplace

Schools near 12193 Raley Drive

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Phillip M. Stokoe Elementary School
PublicK to 5

Ysmael Villegas Middle School
Public6 to 8

Hillcrest High School
Public9 to 12

Gateway
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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12193 Raley Drive is a single family home for sale in Riverside, CA 92505. This property was listed for sale on March 19, 2024 by Regency Real Estate Brokers, it's currently listed at $1,599,000. It has been on the market for a total of 36 days and was last sold on May 16, 2001. This listing's school district is Alvord Unified School District. Nearby schools include Phillip M. Stokoe Elementary School, Ysmael Villegas Middle School and Hillcrest High School. 12193 Raley Drive is a 8-bed, 5-bath, 4,771 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Regency Real Estate Brokers, Mase Abdeshahian, DRE #02200526; Regency Real Estate Brokers, Amy Taylor, DRE #01015533

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.