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3043 and 3071 Market Street
Riverside, CA Downtown Riverside

$1,200,000 USD

Land For Sale  •  0.14 AC

1 Properties View all

Property Details

  • Property Type Land
  • Zoning DSP-MSG
70 Transit Score
60 Walk Score

Highlights

• 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 with the approved density
• Small project = faster execution
• Strong Riverside housing demand This is a near shovel-ready, entitled residential development site offering

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