$350,000
3 beds 1 baths 1,000 sq. ft.
34.0002 -117.353

1323 W La Cadena Drive Riverside, CA 92501

$350,000
Est. Monthly $1,780 recalculate
3 beds 1 baths 1,000 sf
 

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1323 W La Cadena Drive
Riverside, CA 92501

Explore This Property

Single Family Detached - This is a freshly remodeled vintage home, on C3 COMMERCIAL ZONED LAND in Riverside California, great classic styling with all the modern features... New paint inside and out, new double pane windows, new copper water pipes, simulated wood tile flooring throughout, kitchen fully remodeled with new cabinets, granite counter tops, all new stainless steel appliances included (Range/oven, hood, dish washer, disposal, refrigerator w/water and ice maker) also new stacked laundry machine, new water heater. All appliances are low energy, all light fixtures are retrofitted LED low energy lighting, Bathroom remodeled as well, new water efficient toilet, sink and shower head, tiled throughout. Property is completely fenced off for pets and safe yard for children... This home is conveniently located minutes from downtown Riverside and UCR, easy access to 91/215/60 freeway... This property is zoned C3 commercial, this means with the proper permits and approval from the city, you have the potential to be mixed use... an office space, shop in the back, retail... (Current use is single family residents) The property next door is the corner lot (1309 W. La Cadena Dr.) will be available for sale soon, a investor can put together a 13,000 square foot C3 COMMERCIAL corner lot in front of the freeway... The potential is great with some imagination... The 2 properties already earn $3000 in rent income a month! Do not miss this great investment in Riverside California
MLS # PW17142518
Courtesy Of First Team Real Estate

Property Features

  • Age: Over 50 Years Old
  • Amenities: Double Pane Windows
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Floor Covering: Tile
  • Heating System: Central Furnace
  • Lot Size: 0.15 Acres
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Full Bath, Kitchen, Living Room
  • View Type: Hills

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $1,780Your estimated monthly payment
    $70,00020% Down Payment
    $350,000 $315,000
    purchase price loan amount
    Explore Mortgage Options
    Lease With A Right to Purchase
    from Home Partners of America
    $2,230
    Monthly Rent Estimate
    Applicant and property must meet certain eligibility requirements. The Monthly Rent and Right to Purchase shown are estimates only and are based upon certain assumptions. Actual amounts may vary.*
    Year Rent/Mo Purchase Price
    1 $2,230 $380,700
    2 $2,310 $399,800
    3 $2,400 $419,800
    4 $2,490 $440,700
    5 $2,580 $462,800
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    FREMONT ELEMENTARY SCHOOL
    Grades PRESCHOOL-6 | Public School

    RIVERSIDE, CA 92501
    1925 N ORANGE ST
    951-788-7466
    0.6
    miles

    Total Students 535
    Student Teacher Ratio 18:1

    School Rating

    2 stars View School Details
    Middle School
    UNIVERSITY HEIGHTS MIDDLE SCHOOL
    Grades 7-8 | Public School

    RIVERSIDE, CA 92507
    1155 MASSACHUSETTS AVE
    951-788-7388
    1.3
    miles

    Total Students 800
    Student Teacher Ratio 18:1

    School Rating

    1 star View School Details
    High School
    JOHN W. NORTH HIGH SCHOOL
    Grades 9-12 | Public School

    RIVERSIDE, CA 92507
    1550 3RD ST
    951-788-7311
    1.3
    miles

    Total Students 1860
    Student Teacher Ratio 24:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Patricia Beatty Elementary School 1.1 mi Public K-6
    Longfellow Elementary School 1.5 mi Public PRESCHOOL-6
    Bryant Elementary School 1.6 mi Public K-6
    Islamic Academy Of Riverside 1.8 mi Private PRESCHOOL-7
    Highland Elementary School 1.8 mi Public K-6
    Highgrove Elementary School 1.8 mi Public PRESCHOOL-6
    Grand Terrace High School 2.0 mi Public 9-12
    St. Francis De Sales School 2.1 mi Catholic PRESCHOOL-8
    Abraham Lincoln Continuation School 2.1 mi Public 9-12
    Preschool Grasp 2.2 mi Public PRESCHOOL-PRESCHOOL
    Come Back Kids 2.2 mi Public UNGRADE-UNGRADE
    Riverside County Rop School 2.2 mi Public 9-12
    Riverside County Special Education School 2.2 mi Public K-12
    Riverside County Community School 2.2 mi Public 1-12
    Starting Gate Educational Services 2.3 mi Private K-12
    Emerson Elementary School 2.3 mi Public PRESCHOOL-6
    All Saints' Carden Academy 2.6 mi Private K-8

    Local Area Information for Riverside, CA 92501

    Median Age: 33.2
    Married: 31.9%
    Number of Households: 6,767
    Households with Children: 2,578
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.