3071 Market

Riverside, CA 92501
  • $690,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 22036 - W72279

Infill development parcel located in Downtown Riverside, positioned on the corner of Market Street and 1st Street. Close to Mission Inn, Riverside Metrolink, retail, restaurants, and civic buildings. The site is currently vacant land with an entitlement map approved for 4 condo units, offering a ready-to-develop opportunity in a growing urban core. Zoning: C3-Downtown specific plan— Gateway District. • Fully entitled 4-unit residential development with ~1,800 – 2,300 SF per unit • Strong resale demand for new construction townhome/condo product • Projected exit pricing of approximately $850,000 per unit • Meaningful time-value premium due to reduced entitlement risk • Approved density • Small project = faster execution • Strong Riverside housing demand This is a near shovel-ready, entitled residential development site offering: • Accelerated timeline to construction • Embedded execution and time value

Listing Highlights

Status Active
Days on Site 40
Property Type Vacant Land
MLS ® WS26071273
Year Built
Total Square Footage 0
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: See Remarks

Exterior Details

  • Lot Description: 2-5 Units/Acre,No Land Lease
  • Garage Capacity: N/A
  • Zoning: C3-Downtown specific plan
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 209194018
  • Tax Year: N/A

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3071 Market Riverside, CA 92501

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Originating MLS: CRMLS

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