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3071 Market St - Residential Lot Lot • Résidentiel • 0,14 Acres • 955 029 $ CAD • Riverside, CA 92501

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Faits saillants de l'investissement

Fully entitled 4-unit residential development site in Downtown Riverside.
Zoning under C3-Downtown Specific Plan—Gateway District with approved density.
Accelerated development timeline with reduced entitlement risk.

Located near Mission Inn, Riverside Metrolink, retail, restaurants, and civic amenities.
Entitlements allow for units of approximately 1,800 to 2,300 square feet each.
Strong resale demand for new construction townhome and condo product in Riverside.

Résumé de l'annonce

This fully entitled infill development parcel is located in the heart of Downtown Riverside at the corner of Market Street and 1st Street. The site benefits from its proximity to the Mission Inn, Riverside Metrolink station, retail, dining, and civic buildings, creating a walkable and highly connected environment. The property is approved for a 4-unit residential development, with each unit ranging from approximately 1,800 to 2,300 square feet, offering a near shovel-ready opportunity for builders and investors.
The entitlement process has been completed under the C3-Downtown Specific Plan—Gateway District zoning, significantly reducing development risk and accelerating the timeline to construction. With strong demand for new townhome and condo product in Riverside, this project offers meaningful time-value advantages and a clear path to execution. Projected exit pricing of approximately $850,000 per unit underscores the potential for attractive returns in a market with sustained housing demand.

Faits sur la propriété

Prix	955 029 $ CAD	Sous-type de propriété	Résidentiel
Type de vente	Investissement	Utilisation proposée	Développement familial unique
Nombre de lots	1	Taille totale du lot	0,14 AC
Type de propriété	Terrain
Zonage	DSP-MSG - Downtown Specific Plan - Market Street Gateway

Prix	955 029 $ CAD
Type de vente	Investissement
Nombre de lots	1
Type de propriété	Terrain
Sous-type de propriété	Résidentiel
Utilisation proposée	Développement familial unique
Taille totale du lot	0,14 AC
Zonage	DSP-MSG - Downtown Specific Plan - Market Street Gateway

1 Lot disponible

Lot

Prix	955 029 $ CAD	Taille du lot	0,14 AC
Prix par AC	6 821 635,52 $ CAD

Prix	955 029 $ CAD
Prix par AC	6 821 635,52 $ CAD
Taille du lot	0,14 AC

+/- 0.14 AC of land for development.

Description

The property is a vacant land parcel situated at the intersection of Market Street and 1st Street in Downtown Riverside, California. It is positioned near the Mission Inn, Riverside Metrolink station, retail establishments, restaurants, and civic buildings. The site is governed by the C3-Downtown Specific Plan—Gateway District zoning and has an approved entitlement map for four residential units.

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