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Image 1 - 5111 LA Sierra Ave, Riverside, California, 92505 - House for sale
Image 2 - 5111 LA Sierra Ave, Riverside, California, 92505 - House for sale
Image 3 - 5111 LA Sierra Ave, Riverside, California, 92505 - House for sale
Image 4 - 5111 LA Sierra Ave, Riverside, California, 92505 - House for sale
Image 5 - 5111 LA Sierra Ave, Riverside, California, 92505 - House for sale
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Image 9 - 5111 LA Sierra Ave, Riverside, California, 92505 - House for sale
La Sierra Ave, Riverside, Home For Sale
5111 LA Sierra Ave, Riverside, California, 92505

La Sierra Ave, Riverside, Home For Sale

house for sale
Listed: 08/13/24

5111 LA Sierra Ave, Riverside, California, 92505

6 Bed:
3 Bath:
3,655 Sq Ft Living Area:
Save
Price
$ 1,29M

About This House

Truly great investment opportunity! 3 separate units, each has its own street address! 4 buildings, total 3, 655sf living space and a huge 42, 253sf lot! Huge development opportunities! There are 3 water meters, 3 gas meters, 3 electric meters; each unit pays all of its own utilities! Each unit has its own trash account and each tenant even pays its own trash bill! A huge saving for the Landlord here, more money in the Landlords pocket. Front unit is located at the corner of La Sierra Ave and Norwood Ave directly across a Seven and Eleven with a 100.17ft frontage! Buyer could investigate re-zoning possibility making this corner lot a much more valuable commercial zone. Conveniently located one small …  Full description

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La Sierra Heights Housing & Living

Household Income

Median household income: $67,850
Number of households: 87,341
The average household income in Riverside, CA grew from $66,928 to $67,850 in the past year. This data is an estimate based upon 87,341 households in Riverside, CA.
The chart below presents how household income is distributed in Riverside, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Riverside, CA compared to median property taxes around the country. The prevalent amount of property taxes in Riverside, CA equals $3k+ , which is more than the national average.