6.6 Acres in Rubidoux, CA - $160,000
SELLER FINANCING! Gently sloped 6.6 acres may be suitable for 11 lots says seller! Not only that, but owner has negotiated $5000 annual income from a lease agreement with Nextel so that the company can access its towers. The Nextel agreement may be transferred to the buyer who can keep it or cancel it with 1 year notice, so theres lots of flexibility with that. Its rare that vacant land generates cash flow so this is a great opportunity for the developer who anticipates some time before they get around to breaking ground. Buyer will want to independently discuss their development plans including zoning, land use, and density directly with the City of Jurupa Valley.
Terms: Cash or seller may carry with $50,000 down at 5% interest for 2 years. Payments would be $4825.85 per month.
Land Use: Low Density Residential (RC-LDR)
Utilities: Available
Parcel Number (APN): 183-230-002
Cross...
Cross Street: Soto St
Driving Directions: From Hwy 60 west of the city of Riverside, take exit 48 toward Valley Way. Turn on Mission Blvd. Turn south on Sedona. After you cross Fairbanks Ave, the parcel is on the left, on the south side of Sedona and runs all along Sedona. Take the aerial map. Dont leave home without the map.
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