Listed by: Champions Real Estate • Hugo Chau • Contact: 909-204-5454
Price cut: $1M (6/24)
$5,880,000
6000 Limonite Ave #4, Riverside, CA 92509
--beds
--baths
7.44Acres
Unimproved Land
Built in ----
7.44 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Last remaining Large Size Parcel with @ HHDR (highest density residential of up to 25 DU/ Acre) Vacant Land, up to @ 186 Units, Calling all @@@Affordable Housing Developers!!! *Bonus/ **MORE Additional UNITS!!! AHI: $93000, Close to Major Shopping Centers, Grocery Stores, Coffee Shops, Movie Theater, Golf Course, Proximity to Downtown Riverside Mission Inn and SO MUCH More! Please see supplement on @ Density Bonus + , (6000 is GPS use only) Limonite Ave, T Intersect @ Pacific, City of Jurupa Valley, Ca 92509,
Zoning Code (projects will need to comply with these and other parts of the municipal code).
R-3 Zone https://library.municode.com/ca/jurupa_valley/codes/municipal_code?nodeId=TIT9PLZO_CH9.80ZOGERE
Multi-Family https://library.municode.com/ca/jurupa_valley/codes/municipal_code?nodeId=TIT9PLZO_CH9.100ZOPLRE_S9.100.070MUFADW
If providing affordable housing at 35% low and 65% very low income, it could be possible to consider a density bonus
The property is 7.44 acres, and HHDR allows for a base density of 20-25 du/ac
Preliminarily, this could qualify the property for a 50% density bonus (depending on a number of factors). At this 50% bonus, the density bonus could range from 222-279 units. With the above said, the ultimate unit yield remains subject to detailed site planning and project design.
All information deemed from reliable sources, nor implied, not guaranteed! Submit all reasonable offers!
446 days
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57
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2
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Zillow last checked:
Listing updated:
Listed by:
Hugo ChauDRE #00921611626-466-8128,
Champions Real Estate
Source: CRMLS,MLS#: AR25094857Originating MLS: California Regional MLS
Facts & features
Property
Features
Has view: Yes
View description: None
Lot
Size: 7.44 Acres
Features: 21-25 Units/Acre
Details
Parcel number: 182350002
Zoning: HHDR
Special conditions: Standard
Utilities & green energy
Water: Public
Community & HOA
Community
Features: Valley
Location
Region: Riverside
Financial & listing details
Date on market: 5/2/2025
Cumulative days on market: 446 days
Listing terms: Cash,Cash to New Loan,Owner May Carry,Submit
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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