Sitting on nearly 2 acres, this rare Riverside property offers an incredible development opportunity for builders and investors alike. This property has the potential to accommodate up to three additional homes and/or agricultural use, making it perfect for development. The current owner has development plans drawn up but hasn’t executed them yet—providing a head start for the savvy buyer.
Buyers also have the option to split the lots and sell for profit. Meanwhile, the existing home can be rented out, generating income while you move forward with development plans.
Conveniently located just off Van Buren Blvd, this property provides quick access to all major freeways, shopping, dining, and more. Don’t miss this chance to maximize your investment! Opportunities like this won’t last long—act fast!
Sold for $815,000 on 11/25/24
Listing Provided by:
Eric Gulal DRE #02150883 619-777-0883,
eXp Realty of California Inc,
Eric Gulal DRE #02150883 619-777-0883,
eXp Realty of California Inc
Bought with: eXp Realty of California Inc
$815,000
17840 Krameria Ave, Riverside, CA 92504
3beds
1,192sqft
Single Family Residence
Built in 1958
1.9 Acres Lot
$800,000 Zestimate®
$684/sqft
$3,210 Estimated rent
Home value
$800,000
$720,000 - $888,000
$3,210/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 09:31pm
Listing Provided by:
Eric Gulal DRE #02150883 619-777-0883,
eXp Realty of California Inc,
Eric Gulal DRE #02150883 619-777-0883,
eXp Realty of California Inc
Bought with:
Eric Gulal, DRE #02150883
eXp Realty of California Inc
Source: CRMLS,MLS#: SW24212676
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Gas Dryer Hookup, Inside, Laundry Room
Features
- Ceiling Fan(s)
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,192 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Level, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Pool features: None
- Has view: Yes
- View description: Hills, Mountain(s)
Lot
- Size: 1.90 Acres
- Features: Level
Details
- Parcel number: 274150034
- Zoning: R-A
- Special conditions: Notice Of Default,Short Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Riverside
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2025 | Listing removed | $2,900$2/sqft |
Source: CRMLS #CV25024077 | ||
| 2/2/2025 | Listed for rent | $2,900$2/sqft |
Source: CRMLS #CV25024077 | ||
| 11/25/2024 | Sold | $815,000+2%$684/sqft |
Source:  CRMLS #SW24212676 | ||
| 10/16/2024 | Listed for sale | $799,000+6.5%$670/sqft |
Source: CRMLS #SW24212676 | ||
| 6/7/2023 | Sold | $750,000+15.4%$629/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,068 +5.3% | $815,000 +6.5% |
| 2024 | $8,614 +16.9% | $765,000 +15.4% |
| 2023 | $7,370 +542.2% | $663,000 +553.4% |
Find assessor info on the county website
Neighborhood: Woodcrest
Nearby schools
GreatSchools rating
- 7/10Woodcrest Elementary SchoolGrades: K-6Distance: 0.9 mi
- 6/10Frank Augustus Miller Middle SchoolGrades: 7-8Distance: 0.1 mi
- 9/10Martin Luther King Jr. High SchoolGrades: 9-12Distance: 1 mi
Get a cash offer in 3 minutes
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Estimated market value
$800,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$800,000