9178 Limonite Avenue, Jurupa Valley, California 92509, Jurupa Valley, 92509 - 2 bed, 1 bath
ACTIVE$745,000
9178 Limonite Avenue, Jurupa Valley, California 92509
2Beds
1Bath
576Sqft
30,056Lot
Year Built
1945
Close
-
List price
$745K
Original List price
$745K
Price/Sqft
$1,293
HOA
-
Days on market
-
Sold On
-
MLS number
CV25097589
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,5 Pros.
Property zoned multi use for residential or commercial.
Condition Rating
Tear down
Built in 1945, this property is nearly 80 years old with no evidence of major renovations in the past 50 years. The interior images reveal an extremely dated kitchen with old cabinetry, sink, and appliances, along with very old flooring throughout. The small 576 sqft structure appears to be in original, worn condition, and the property analysis explicitly states that major systems likely require substantial renovation or replacement. The value of this property lies almost entirely in its large, multi-use zoned land, making the existing structure a tear-down candidate for redevelopment.
Pros & Cons
Pros
Flexible Zoning: The property's multi-use zoning (residential or commercial) offers exceptional versatility, appealing to a wide range of buyers including investors, developers, and those seeking a live/work opportunity.
Generous Lot Size: A substantial lot size of 30,056 sqft (approximately 0.69 acres) provides significant potential for expansion, additional structures, parking, or commercial development, enhancing its long-term value.
Development Potential: The combination of flexible zoning and a large lot makes this property highly attractive for redevelopment or significant renovation, catering to investors looking for growth opportunities.
Strategic Location: Situated in Jurupa Valley, an area within the Inland Empire known for ongoing development and growth, positioning the property for potential appreciation and increased demand.
Established Area: Built in 1945, the property is located in an established area, likely benefiting from existing infrastructure and community amenities, which can be advantageous for future projects.
Cons
Limited Living Space: The existing structure offers a very compact 576 sqft with 2 beds and 1 bath, which is significantly small for most residential buyers and may necessitate immediate expansion or redevelopment.
Age of Structure: Built in 1945, the property is nearly 80 years old, suggesting that major systems (plumbing, electrical, HVAC) and structural components may be original or outdated, likely requiring substantial renovation or replacement.
Lack of Premium Views: The property description explicitly states 'view: None,' indicating an absence of scenic or desirable views, which could be a drawback for residential buyers seeking aesthetic appeal.