Senior Care/Senior Housing Conversion Opportunty

For Sale

3663 La Sierra Ave, Riverside, CA 92505

This Riverside property for sale is located at 3663 La Sierra Ave. The current listed sale price for Senior Care/Senior Housing Conversion Opportunty is $20,620,000. Senior Care/Senior Housing Conversion Opportunty is situated on a lot that is 2.09 acre in size.

Contacts

broker
Luis Vazquez

Sperry Commercial

Property Details

  • Property Type Other
  • Property Size 37,117 SF
  • Units 122
  • Lot Size 2.09 Acre
  • Year Built 1983
  • Date Updated Feb 20, 2025
Located approximately 0.5 miles south of Kaiser Permanente Riverside (visible from the Parking Lot) and just to the West of the Riverside Freeway (Highway 91) and its La Sierra Ave off-ramp, the property rests in a serene City of Riverside location, Riverside, CA is approximately 1 hour east of Los Angeles and is the 12th largest City in CA (Per Wikipedia). Situated in a vibrant and growing community, the area offers access to various amenities and attractions that cater to the senior living demographic.Preliminarily approved by the City Planning Department, the Property is an opportunity to convert to a use that satisfies the need for Senior Living. The Conversion will require a Conditional Use Permit. Comprised of 122 rooms totaling 37,717 square feet, The Property is well maintained and situated on an approximate sizeable 2.1-acre lot. Built-in 1983 and Initially built for more rooms than it currently has, the property offers perimeter fencing that can include a gated entry from the entrance. Included is a large parking lot with more than 1 to 1 parking, a swimming pool area that can be transitioned to an alternative use for senior living, and an attractive central green belt that offers the potential for outdoor living. The Seller has previously sold a property converted to permanent housing through Project Homekey and is aware of the requirement for a Conditional Use Permit for conversion.
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Highlights

  • The City of Riverside has Provided Preliminary Approval subject to a Conditional Use Permit
  • Kaiser Permanente Proximity (0.5 Miles and Visible from the Parking Lot)
  • Large Lot with Sufficient Parking - 2.1 Acres with Perimeter Fencing (Not Entrance)
  • Easy Access for Guests and Visitors from the 91 Freeway (La Sierra Offramp)
  • Well Maintained, Built in 1983 with 122 Rooms
  • Central Green Belt for Outdoor Living and Potential for Alternative Use for Existing Swimming Pool Area

Getting around

  • 78/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Riverside, CA
  • Neighborhood La Sierra
  • Zip Code 92505
  • Market Inland Empire

Points of Interest

  • Pedley

    5.33 miles

  • Corona–North Main

    5.33 miles

  • eVgo

    0.24 miles

  • Arco

    0.30 miles

  • Chevron

    0.37 miles

  • Sinclair

    1.01 miles

  • Speedway

    1.06 miles

  • 76

    1.21 miles

  • USA Gasoline

    2.06 miles

  • Food 4 Less Gas

    2.08 miles

  • Corona Supercharger

    5.74 miles

  • Eastvale - Limonite Ave SuperCharger

    7.01 miles

  • Parking Structure

    0.41 miles

  • Valet Parking Lot

    0.99 miles

  • Parking Terrace A

    1.02 miles

  • GALERIA

    1.16 miles

  • Galleria Park And Ride

    1.18 miles

  • Parking Terrace B-1

    1.19 miles

  • Lot M Annex

    1.47 miles

  • Lot O

    1.51 miles

  • South Pierce Street - 3 hour parking

    1.56 miles

  • Lot B

    1.60 miles

  • Econo Lodge Inn & Suites

    0.23 miles

  • Days Inn by Wyndham Riverside Tyler Mall

    0.70 miles

  • Rodeway Inn

    0.72 miles

  • Hampton Inn & Suites

    1.28 miles

  • Simply Home Inn and Suites

    1.53 miles

  • Garden Inn

    2.23 miles

  • Ayres Hotel Corona East

    2.65 miles

  • Residence Inn

    4.48 miles

  • Holiday Inn Express & Suites Corona

    4.74 miles

  • SpringHill Suites

    5.03 miles

  • Stater Bros.

    0.32 miles

  • Cardenas

    0.33 miles

  • Ralphs

    0.45 miles

  • Kohl's

    0.82 miles

  • Target

    0.84 miles

  • Burlington

    0.89 miles

  • ALDI

    0.90 miles

  • Northgate Market

    0.92 miles

  • Ross

    1.08 miles

  • Macy's

    1.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Luis Vazquez

Sperry Commercial

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