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    OFF-MARKET
    Commercial real estate

    Riverdale, CA 93656

    2,848 SF 0.24 ac lot Built 1952
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,848 square foot property, situated on a 0.24-acre lot in Riverdale, CA, presents a unique investment opportunity. Currently zoned R1, the property offers significant flexibility for a variety of uses. Imagine transforming this space into a thriving two-unit single-family dwelling, perfectly suited for rental income or owner-occupied living. Alternatively, its zoning allows for a wide range of commercial ventures, including a church, charter school, community center, event space, or daycare facility. The possibilities are virtually limitless. The building has recently undergone a comprehensive renovation, boasting a brand-new roof, fresh flooring throughout, updated interior and exterior paint, and new ceiling tiles. This meticulous attention to detail ensures a move-in ready condition, minimizing upfront costs and maximizing immediate return on investment. The seller is motivated and open to considering seller financing options, making this an even more attractive proposition for qualified buyers. This is a rare chance to acquire a versatile property in a desirable location with significant upside potential. Don't miss this opportunity to secure a valuable asset in a growing market. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1952
    Total area 2,848 SF
    Lot 0.24 ac (10,454 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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