Fully Licensed, Completely Vacant, State Approved ready for New Owner RCFE! Brand New RCFE Opportunity La Sierra Area of Riverside amazing located between Riverside, Corona, and Norco. Two winning paths—Investor or RCFE. Riverside triplex on an approx. 16,000± sf lot offering flexibility and scale: (2) 3-bed units + (1) 1-bed unit. Path A: Conventional investment—clean value with market rent potential reported by seller of $3,300 / $2,900 / $1,750 (˜ $95,400/yr GSI). Path B: RCFE use (THINK BIG)—property has recent RCFE state approval and is positioned for a buyer who wants to operate a Residential Care Facility for the Elderly (business use). Licenses are not transferable; however, Seller is willing to cooperate with in working with buyer so clients can be placed Day 1 after closing. Strong lot, multiple configurations, and a location convenient to services. Choose your lane: keep it as a solid income property or leverage the RCFE playbook and accelerate your launch. Buyer to verify all figures, permits, zoning/use, and licensing with appropriate agencies. This is not a flip. This is a long-game play for operators ready to launch or expand with licensing advantages already in motion. Selling Party is a licensed RCFE administrator and can assist with licensing support. Showings by appointment only. Please do not visit property without first contacting
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Price Increased from $1,000,000 to $1,050,000 | |||
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Price Reduced from $1,200,000 to $1,000,000 | |||
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Price Increased from $1,150,000 to $1,200,000 | |||
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Price Increased from $1,045,000 to $1,150,000 | |||
Price Reduced from $1,050,000 to $1,045,000 |
Emmanuel Gamboa, Exclusive Realty Associates.
Based on information from California Regional Multiple Listing Service, Inc. as of October 9th, 2025 at 9:57am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.