Price Reduced Listing
$1,200,000
 $7,984 est/mo Sourced by Back At You

220 W Big Springs Road,Riverside, CA 92507

Riverside, CA 92507

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Description

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

Details

MLSIG25110125
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1977
Days On Site546
Listing Provided ByCAPITIS REAL ESTATE | Jill Huntsinger

Features

SQ Feet5,109
Story(s)2
Acreage0.60

Interior

HeatingNone
Heating Yes / NoNo

Exterior

Lot FeaturesTear Down

Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 Riverside
Listing VS Median (in 92507)
Price:
$1,200,000
low | high
Med:
$465,000
100% of Average
sqft:
5,109
low | high
Med:
1,337
100% of Average
$ / sqft:
$235
low | high
Med:
$348
2% of Average
On site:
546
low | high
Med:
6
100% of Average
Sourced by Back At You

Market Activity 92507

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Learn More About This Property

StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 Riverside
Listing VS Median (in 92507)
Price:
$1,200,000
low | high
Med:
$465,000
100% of Average
sqft:
5,109
low | high
Med:
1,337
100% of Average
$ / sqft:
$235
low | high
Med:
$348
2% of Average
On site:
546
low | high
Med:
6
100% of Average
Sourced by Back At You
Listing Updated: November 13, 2026 at 3:39:00 PM PST