Riverside, CA

$1,300,000

220 W Big Springs Road, Riverside, CA

1977

Built

363

Days listed

About this home

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

Facts & features

Interior

Heating: None
Laundry: None

Exterior & lot

Lot size: 0.6 acres (26,136 sq ft)
Year built: 1977

Community

Area: 252 - Riverside
County: Riverside

Listing details

Status: Active
Property type: Multi Family
Days on market: 363
Listed: 2025-05-15
Original price: $1,500,000
Parcel #: 253112001
MLS #: IG25110125

Listed by

Jill Huntsinger · CAPITIS REAL ESTATE

951-202-4449 JILLHUNTSINGER@YAHOO.COMDRE #01319737

Location

Price history

Listed: $1,500,000 · 2025-05-15
Price reduced: $1,300,000 (−$200,000)
Days on market: 363
Current price: $1,300,000

Financing

Could this home be yours?

Estimated monthly payment

$8,155

$6,574 principal & interest · $1,582 taxes & insurance

Down payment (20%)

$260,000

Est. rate (%)

Estimate only

Term (years)

Loan $1,040,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of CAPITIS REAL ESTATE. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.