12193 Raley Dr Riverside, CA 92505
Property details
About 12193 Raley Dr
A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note – this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out – seize this golden opportunity and turn your vision into reality today!
Highlights
(Active Under Contract)
Summary
- MLS Number: OC24056889
- MLS Name: CRMLS
- Office Name: Regency Real Estate Brokers
- Office Phone: (949) 743-4186
- Listing Agent: Mase Abdeshahian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 12:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,499,000
12193 Raley Dr
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 16, 2001 | Home Sold | $390,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $576,118 | $7,113 |
| 2023 | $564,822 | $7,005 |
| 2022 | $553,748 | $6,586 |
| 2021 | $542,891 | $6,473 |
| 2020 | $537,326 | $6,370 |
| 2018 | $516,462 | $6,201 |
| 2017 | $506,336 | $5,987 |
History based on county public records data.
Nearby schools
4
Stroke Elementary School
Public District KG-5
0.5 mi
•4501 Ambs Dr
3
Valley View Elementary School
Public District KG-5
0.9 mi
•11750 Gramercy Pl
7
Promenade Elementary School
Public District KG-5
1.1 mi
•550 Hamilton Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,481. Typical income of Riverside, CA residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Minor League Baseball Games
NBA/WNBA
Where do the neighbors shop?
Chico's
New York & Company
The Container Store
Where do the neighbors go to eat?
Boston Market
Chick-fil-A
Qdoba
What do the neighbors drive?
Volvo
Kia
Infiniti
What do the neighbors listen to?
Talk/Personality
Active Rock
Alternative
Frequently asked questions
About 12193 Raley Dr
This home is located at 12193 Raley Dr in Riverside, CA and zip code 92505 in the La Sierra neighborhood. This 4,771 square foot home, which was built in 1948, sits on a 5.68 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $1,499,000.
In March 2025 more than 64 listings in Riverside, CA were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 80 were sold below. The number of homes for sale in Riverside, CA increased by 4.8% between February and March 2025. While the average time on the market in March 2025 was 44 days, the median list price was $660,128.