577 West La Cadena Drive

Riverside, CA 92501

$450,000
Price
3
Beds
1,406 Sq. Ft.
$320 / Sq. Ft.
1,406
Sq. Ft.
$320
per Sq. Ft.

Description

Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications. This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of...Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications. This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of getting building permits which may be transferred to the new owner which will save you thousands of dollars! Can also be used for Truck parking, the potential is limitless. Call today!
  1. Listed by Gary Nickels • DRE #02059145 • Brokerage DRE #01904376 • KELLER WILLIAMS REALTY • 9512270068
  2. Listed by JOHN FOX • DRE #02083482 • Brokerage DRE #01904376 • KELLER WILLIAMS REALTY

Property Details for 577 West La Cadena Drive

Parking Spaces Total
6
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1406
Assessor Parcel Number
246-181-017
Property Attached YN
false
LISTING UPDATED: 11/22/2024 10:18 AM

Property Details for 577 West La Cadena Drive

StatusActive
MLS #CV24230857
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1936
Lot Size0.23 AC / 10,019 SF
CountyRiverside County

Building Information for 577 West La Cadena Drive

Stories1Residences-Year Built1936Building Size-Lot Size0.23 AC / 10,019 SF

Property Information for 577 West La Cadena Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $18,000
  • Other Income 1: $18,000
  • Current Financing: Other
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 437
  • Tax Lot: 133
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Heating Type: None
  • Heating: None
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 577 West La Cadena 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 577 West La Cadena Drive

Taxable ValueLand$196,855Additions$153,109Total$349,964
Tax Record2024$3,893 ($324 / month)
Home Facts
Beds1Total Finished SqFt426 SqFtAbove Grade Finished SqFt426 SqFtStories1Lot Size10,018 SqFtStyleSingle Family ResidenceYear Built1936ZoningCPCountyRIVERSIDEAPN246-181-017

Schools near 577 West La Cadena Drive

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Highgrove Elementary School
PublicK to 6

University Heights Middle School
Public7 to 8

John W. North High School
Public9 to 12

Abraham Lincoln Continuation School
Public9 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

577 West La Cadena Drive is a mixed use property for sale in Riverside, CA 92501. This property was listed for sale on November 8, 2024 by KELLER WILLIAMS REALTY, it's currently listed at $450,000. It has been on the market for a total of 42 days and was last sold on March 18, 2024. This listing's school district is Riverside Unified School District. Nearby schools include Highgrove Elementary School, University Heights Middle School and John W. North High School. 577 West La Cadena Drive is a 3-bed, 0-bath, 1,406 sqft mixed use property built in 1936.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY, Gary Nickels, DRE #02059145; KELLER WILLIAMS REALTY, JOHN FOX, DRE #02083482

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.