$690,000

3071 Market, Riverside CA, 92501

Price per sqft$113.15

Lot size0.14 Acres

Property typeLand

Overview

Active

Listed Aug 22, 2026

Updated Aug 23

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

Additional information

MLS^® ID: WS26071273

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

55+/Senior Community: No

Also listed on CLAW

Listed by YONG GAO, HEBRON EQUITIES INC., CA DRE 01409769

Listing Contact: 626-864-1598

Based on information from the CRISNet MLS as of 8/23/2026, 4:59 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.