4779 Tequesquite Avenue Riverside, CA ^$ 6,750,000

4779 Tequesquite Avenue

^$ 6,750,000

Back to search

4779 Tequesquite Avenue

Riverside, CA, 92501

^$ 6,750,000

Studio Baths0.0

Monthly Estimate*

^$ 47,151

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 1

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 2

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 3

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 4

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 5

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 6

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 7

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 8

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 9

4779 Tequesquite Avenue, Riverside, CA 92501 - Image 10

Studio

Lots and Land for sale in Riverside, CA

for $6,750,000. The lot size is 2.76.

We are pleased to present 4779 Tequesquite Avenue located at the edge of Downtown Riverside, California. This large 2.76 acre lot is being offered for sale for the first time in 18 years, and it is one of the last remaining vacant lots in Riverside zoned for multi-residential development.According to our research, this R-3 zoned lot will allow a developer to build 80 market-rate apartment units (or 80 for-sale condos) using the "by-right" zoning, or a developer can take advantage of the state's density bonus and build a maximum of 122 units. If you utilize this density bonus, at least 15% of the units will need to be restricted to affordable housing, which means you can build 103 market-rate units with 19 affordable units.The lot is in a very desirable part of Riverside, nestled next to a beautiful mountain range, and within walking distance of hiking trails that lead up to the famous Mount Rubidoux Park. The lot is only 1 mile away from the center of downtown Riverside and less than 4 miles from the UC Riverside campus.

Lots and Land Active

Price

^$ 6,750,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

2.76

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

0022143609

Features

Exterior

Water Source None

Lot Size Area 120226.0

Lot Size Acres 2.76

Lot Size Units Square Feet

Land Lease Type Fee

General

County Riverside

New Construction No

Property Type D

HOA / Comm Assn No

Status Active

City Riverside

Buyer Agent Compensation 2.00

View Y/N No

Senior Community Y/N No

MLS Area 252 - Riverside

Lot Size Square Feet 120226.0

Street Name TEQUESQUITE

Standard Status Active

Buyer Agent Compensation Type %

Interior

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Filip Niculete

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$47,151

Per Month

Monthly Principal & Interest: $47,151
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Lots and land listings in Riverside, CA

Average List Price ^$1,126,962

Percent of Sale Price 83%

About Riverside, CA

322,488 Population

25% Since 2002

^$60,101 Median Income

32.82 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/5/2022	$6,750,000		Listed Price

Map

More homes like this one

homes for you

See all

4779 Tequesquite Avenue, Riverside, CA, 92501 is a Lots and Land for sale at $6,750,000 with a lot size of 2.76. 4779 Tequesquite Avenue is a studio with 0.0 baths. The property's zip code is 92501 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4779 Tequesquite Avenue

Lots and Land for sale in Riverside, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home