About This Home
This 2-bedroom, 1-bathroom single family at 2961 11th in Riverside, CA is listed for $345,000 ($653 per sqft). Built in 1941, the home offers 528 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1941
- 0.20 acre lot
Property Details
AMAZING OPPORTUNITY IN RIVERSIDE! This unique 8,712 sq. ft. parcel, zoned RA-1 7000, offers an exciting combination of residential use, business potential, and future income possibilities. Currently has an approximately 700 sq. ft., 3-bedroom, 1-bath residence on sight.
The property provides an excellent opportunity for an owner-user, investor, or entrepreneur looking for flexibility and upside. The property originally featured two residences on the lot, with one having been demolished several years ago. Depending upon applicable City of Riverside requirements and approvals, the additional residence may offer an o
pportunity for future redevelopment, adding even greater potential to this already versatile property. Imagine living on-site while operating your business, utilizing the property as an income-producing investment, or exploring future development opportunities.
With its generous lot size and M-2 zoning, this property offers possibilities that traditional residential properties simply cannot. Conveniently located south of the 91 Freeway and east of 14th Street, the property is near a new elementary school currently being developed, adding further appeal to the surrounding area.
You'll also enjoy close proximity to Downtown Riverside, major freeways, shopping, dining, nightlife, Riverside Plaza, and the iconic Mount Rubidoux. Priced to move and loaded with possibilities, this is an opportunity you won't want to overlook. Properties offering this combination of location, lot size, existing residence, and M-2 zoning are difficult to find. Bring your vision and explore the potential this Riverside property has to offer!
Monthly Cost Estimate
$1,845/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2961 11th
Riverside, CA 92507
Property Details
Parking
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 2961 11th is listed at $345,000 ($653/sqft). The estimated monthly payment is $1,846 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1941, 0.20 acre lot.
This property is listed by Robert Livingston.
Robert Livingston
Agent at Realty World Main Street








