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Attention Developers, 1031 Exchangors, Investors; 2 newly subdivided lots located on Mendoza Way just off the corner of Mendoza & Marguerita. Each lot is 7,000 Sq/Ft. Each lot comes with approved plans for a 1,735 Sq/Ft, Single Story 4 Bedroom, 2 Bath House with attached 2 Car Garage and landscape plans. Water Meters were paid for by owner, and installed by city utility. Perfect opportunity to do a small ground up construction project in central Riverside area. Owner prefers to sell both lots to single buyer, $130,000 each. Owner will also consider selling house located on corner of Mendoza & Marguerita for $275,000. Buy the house and two lots with approved plans all for $535,000. Prior to close of escrow: 1. Seller to provide recorded Parcel Map (3 parcels) 2. Seller to provide approved 2 lot Grading Plan 3. Seller to provide approved 2 lot Landscape Plan 4. Seller to provide approved offsite Sewer Improvement Plan 5. Buyer to substitute owner’s Public Improvement Bond for offsite improvements to City of Riverside 6. Buyer to substitute owner’s Development Agreement for offsite improvements to City of Riverside 7. Seller to provide Approved 2 lot Building Plans 8. Seller will deliver house vacant. Exclusions: All Permit fees Fire sprinkler plans Dry Utility Plans (Electric, Gas, cable)
Listing agent: AARON MAZZRILLO DRE #01376039 aaron@advancedhomesales.com, Listing office: AARON MAZZRILLO REALTOR
MLS data updated 11/1/2026, 12:26:58 AM PT
Source: CRMLS, MLS #: IV19001376
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 11, 2019
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92504 · Nov 2026
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