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3071 Market St
Riverside, CA 92501 Downtown Riverside

$690,000 USD

Land For Sale  •  0.14 AC

Property Details

  • Property Type Land
  • Lot Size 0.14 AC
  • Zoning DSP-MSG
70 Transit Score
60 Walk Score

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.

Highlights

Fully entitled 4-unit residential development site in Downtown Riverside.
Located near Mission Inn, Riverside Metrolink, retail, restaurants, and civic amenities.
Zoning under C3-Downtown Specific Plan—Gateway District with approved density.
Entitlements allow for units of approximately 1,800 to 2,300 square feet each.
Accelerated development timeline with reduced entitlement risk.
Strong resale demand for new construction townhome and condo product in Riverside.

Public Transportation

Commuter RailDriveWalkDistance
Riverside-Downtown (91 Line - Southern California Regional Rail Authority (Metrolink), Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 1.4 mi
6 min - 3.2 mi
AirportDriveWalkDistance
Ontario International 21 min - 15.4 mi
John Wayne/Orange County 53 min - 43.2 mi
Leo Yong Gao, CCIM 626-864-1598 SPERRY-Hebron Equities
Leo Yong Gao, CCIM 626-864-1598 SPERRY-Hebron Equities