12043 Knoefler Dr
Riverside, CA 92505 • 2 Bed • 1 Bath • 1,096 sq.ft.

Property summary

Fixer-Upper on Huge Lot with Basement – Endless Potential! Welcome to an incredible opportunity with this unique fixer-upper located on a sprawling 30,928 sq ft lot in a desirable neighborhood. Whether you're an investor, developer, or homeowner with vision, this property offers a variety of exciting possibilities. The existing home is a 2-bedroom, 1-bathroom house with a basement and features original wood flooring in the living room, newer tile in the kitchen, and central heating. The detached 2-car garage has been converted into a third bedroom with a closet and additional storage space. Renovate the existing structure and create a charming residence, or take advantage of the massive lot size to expand or rebuild entirely. The neighboring lot has already been successfully subdivided into three new homes, demonstrating the strong development potential of this property. With the proper planning and permits, you could explore similar options—building multiple homes, a large custom estate, or even an income-producing multi-unit property. The backyard is an open canvas—imagine creating your dream garden, installing a pool, or building an ADU or workshop. There's plenty of room for all your favorite outdoor activities and hobbies. Whether you want privacy, space to grow, or a place to entertain, this lot can accommodate it all. This property is ideal for: Owner-occupants looking to customize a home on a large lot, Developers seeking a profitable project, Investors interested in rental or resale opportunities, or Multigenerational living with space to build additional units Don’t miss this rare chance to own a property with this much land and flexibility. With a little imagination and effort, this could become a truly exceptional home or investment. Bring your contractor, your plans, and your dreams—this one won’t last long!

Days on market: 6

Listing updated: October 03, 2025 - 12:59:10

Property details

Property ID
PW25226865
Size
1096 sq.ft.
Home Type
Residential
Year Built
1947
Property Size
0.71 acre
Garage
2
Levels
1
Spa
No
Patio
No
Basement
No
View
Neighborhood
Pool
None

Listed by: Samantha Dowd DRE #01944270 714-485-5726, Platinum Tree Realty - Pacific West

Source: Pacific West, MLS#: PB22188 Originating MLS: CRMLS

Interior information

Rooms
Bedroom, Living Room, Utility Room
Bathrooms
1
Kitchen
N/A
Cooling
Wall/Window Unit(s)
Heating
N/A
Flooring
N/A
Laundry
Stacked
$585,000
Property price
Make an offer
Savings estimator
Revesty savings: $28K
Calculate your
savings
Mortgage estimator
Est.: $2,340/mo
Calculate monthly
payments
Have questions about this property?
Working hours: Monday to Friday 9:00am - 6:00pm (PST)

More Properties

12683 Palm View Way
Riverside, CA 92503
$969,000
5 Bed • 3 Bath • 3,387 sq.ft.
View details
301 N K Street
Needles, CA 92363
$299,000
4 Bed • 2 Bath • 1,456 sq.ft.
View details
8386 Riesling Way
San Jose, CA 95135
$779,000
2 Bed • 2 Bath • 1,497 sq.ft.
View details
CRMLS logo

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-03 08:19:57 PST 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. Properties may or may not be listed by the office/agent presenting the information.

Get your home valuation estimate

REVESTY estimates are powered by MLS data, the most accurate and reliable source in the industry. Enter your address and get a precise home value estimate from a REVESTY agent.

clock icon

We will contact you within 3 hours.

Thank you for your patience.