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

1 story
1 full
1941
Listing Description

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

Principal$250
Interest$1,495
Insurance$101

Estimates only. Actual payments may vary.

Location

2961 11th

Riverside, CA 92507

Property Details

Parking

Driveway

Heating

Central

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.

RL

Robert Livingston

Agent at Realty World Main Street

Listed by Realty World Main Street · Broker phone: (951) 735-9900 · Broker website

MLS# IG26195223· Source: California Regional Multiple Listing Service, Inc· 51 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2961 11th, Riverside, CA 92507

Open this listing in: