3474 Laura Lane
Riverside, CA 92506

Description

We are pleased to exclusively present Laura Lane residence, a single-story owner-occupied and/or investment opportunity in the city of Riverside, California. Sitting on a 8,276 SF lot, the property is neatly positioned in a quiet, treelined residential pocket in the desirable Magnolia Center submarket. The offering consists of a three-bedroom/two-bathroom house as well as a 500 SF detached guest house fully equipped with a kitchen, bathroom along with a laundry room. Both units will be delivered vacant at the close of escrow providing new owners the option to live in one and rent out the other. The property benefits from both its close proximity to the California State Route 91 as well as walking distance access to Riverside Plaza which tenants national entertainment/retailers such as Regal Cinemas, CVS, Vons, and Bank of America to name a few. With little to no comparable investment offerings in the area, there is a strong demand and a lack of supply of owner occupied and/or investment properties in the immediate area.

Details

MLS#CV19098593
Sub-TypeResale
StatusPending - Show
Year1953
Days On Site22

Features

SQ Feet1,763
Units2
Building(s)1

Market Activity 92506

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Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92506
Area252 - Riverside
Listing VS Median (in 92506)
Price:
$425,000
low | high
Med:
$510,000
30% of Average
SqFt:
1,763
low | high
Med:
2,879
13.301191151446% of Average
$ / SqFt:
$241
low | high
Med:
$177
76.516151441473% of Average
On Site:
22
low | high
Med:
9
100% of Average
Listing Updated: 05/22/2019
MLS Number: CV19098593
Listing Provided By:
SEAN HWANGBO  of  REALTY ONE GROUP INC.
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