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0 Cypress Avenue
Riverside, CA 92503
0 Cypress Avenue, Riverside, CA 92503 · Land For Sale
·
0.19 AC
Investment Highlights
- Two contiguous parcels totaling approximately 0.19 acres in Riverside’s Arlanza neighborhood.
- Convenient access to major transportation routes, including SR-91 and I-15.
- Utilities available in the vicinity; buyer to confirm availability and capacity.
- Zoned R3, offering potential for multifamily or residential development (buyer to verify).
- Located in an established urban area with nearby schools, retail, and community amenities.
Executive Summary
The parcels are unimproved, giving buyers flexibility to design and develop according to their vision. Utilities are available in the area, but buyers should verify availability and capacity for their intended use. The surrounding community offers a blend of residential neighborhoods, schools, and local amenities, creating a supportive environment for future housing or mixed-use projects. With Riverside’s continued population growth and urban expansion, this property represents an attractive infill development opportunity in a market with increasing demand for housing.
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.19 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.19 AC |
| Opportunity Zone |
Yes |
| Zoning | R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
1 Lot Available
Lot
| Price | $344,975 CAD | Lot Size | 0.19 AC |
| Price Per AC | $1,815,657.87 CAD |
| Price | $344,975 CAD |
| Price Per AC | $1,815,657.87 CAD |
| Lot Size | 0.19 AC |
2 Lots – One Opportunity! Here’s your chance to own two parcels together, totaling 0.19 acres with mixed zoning. This property offers great potential for future development in a growing area. • Size Approx. 0.19 acres (combined)
Description
The property consists of two vacant parcels located on Cypress Avenue in Riverside, California, within the Arlanza neighborhood. Combined, the parcels measure approximately 8,276 square feet (0.19 acres) and are zoned R3. The site is currently unimproved and situated in an urban setting with street lighting and established infrastructure nearby. The location provides access to regional transportation corridors, including State Route 91 and Interstate 15, and is in proximity to residential communities, schools, and local services.
Property Taxes
| Parcel Number | 151-112-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $52,371 CAD | Total Assessment | $52,371 CAD |
Property Taxes
