45
Map
$269,900
↓ $20K (6.9%)
●
Land -
For Sale
2935 Galaxie Heights Road
Riverside, CA 92507
Studio
0 Bath
$1,326
Est. Monthly
About This Property
Discover an exceptional opportunity to own more than an acre of
desirable land in the highly coveted Belvedere Heights community!
Set atop a scenic hillside in the vibrant University neighborhood,
this remarkable parcel showcases breathtaking daytime vistas and
dazzling city lights after sunset. Featuring convenient dual access
from Galaxie Heights Road and Floral Avenue, the lot is well
situated near the scenic Box Springs Mountain trails, ideal for
outdoor enthusiasts and nature lovers alike. Located just moments
from shopping, dining, and the University of California, Riverside,
this property offers the right balance of tranquility and
accessibility. With utilities nearby, building your dream home is
within reach. Opportunities like this are rare. Schedule your visit
and experience it today!
Unit Size
-
Days on Market
216 days
Land Size
1.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #IG26059758)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$269,900
↓ $20K
(6.9%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Coldwell Banker Realty | $289,900 | |
| Listed by Coldwell Banker Realty | |||
| Jan 5, 2025 | Listed | $325,000 | |
| Listed | |||
| | |||
|
An extraordinary opportunity to own this exceptional lot with stunning views! This rare parcel offers over 1 acre of vacant land in the Belvedere Heights, located on a scenic hill in the University neighborhood.
| |||
Property Highlights
With View
Exterior Details
Lot Features: Sloped Down, Irregular Lot, Near Public Transit, Secluded, Sloped Up, ZeroToOneUnitAcre, NearPark, Rocks
Lot Size Area: 49223
Lot Size Units: Square Feet
Lot Size Acres: 1.13
Lot Size Square Feet: 49223
Water Source: Public
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About University
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Listed by: Jose Vasquez Montes de Oc, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IG26059758
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IG26059758
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