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Listed by Emmanuel Gamboa • Exclusive Realty Associates
$ 1,050,000
Est. payment /mo
Active
10945 -10953 Campbell AVE Riverside, CA 92505
0.37 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25153863
Year Built 1952
Lot Size 0.370 Acres
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Subject To, Fully Licensed, Completely Vacant, State Approved ready for New Owner RCFE! Brand New RCFE Opportunity La Sierra Area of Riverside amazing located between Riverside, Corona, and Norco. Two winning paths-Investor or RCFE. Riverside triplex on an approx. 16,000± sf lot offering flexibility and scale: (2) 3-bed units + (1) 1-bed unit. Path A: Conventional investment-clean value with market rent potential reported by seller of $3,300 / $2,900 / $1,750 (~ $95,400/yr GSI). Path B: RCFE use (THINK BIG)-property has recent RCFE state approval and is positioned for a buyer who wants to operate a Residential Care Facility for the Elderly (business use). Licenses are not transferable; however, Seller is willing to cooperate with in working with buyer so clients can be placed Day 1 after closing. Strong lot, multiple configurations, and a location convenient to services. Choose your lane: keep it as a solid income property or leverage the RCFE playbook and accelerate your launch. Buyer to verify all figures, permits, zoning/use, and licensing with appropriate agencies. Again, best part is that you do not need to get a new loan we can keep existing loan in place. This is not a flip. This is a long-game play for operators ready to launch or expand with licensing advantages alread
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Cooling Window / Wall Unit
Laundry Gas Hookup, 30, Other, 38, Washer
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 149190008
Special Listing Condition Not Applicable
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