$690,000

3071 Market, Riverside, CA 92501

Land
Built in ——
6,098sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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 Status:: Active
Date Added:: April 6, 2026
Data Last Updated:: May 21, 2026 at 2:11AM
Listing Office:: HEBRON EQUITIES INC. :
Listing Agent:: YONG GAO : 626-864-1598
MLS ID:: WS26071273

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Riverside

Zoning: 209194018
Fencing: N/K

Source: California Regional MLS

This listing courtesy of YONG GAO , HEBRON EQUITIES INC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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