$690,000

Estimated payment $4,374/month

0.14 Acre
$4,928,571 Price per Acre
6,098 Sq Ft Lot

About This Lot

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 Agent

Leo Yong Gao, CCIM

HEBRON EQUITIES INC. Brokerage Phone: 626-864-1598 License #01409769 Listed on: 04/10/2026

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned C3-Downtown specific plan

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 209194018
  • $9 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: C3-Downtown specific plan
  • Property Type: Land
  • Parcel Number: 209194018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 113.15

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lot Size Area: 6098.0000 Square Feet

Tax Info

  • Tax Lot: 9
  • TaxOtherAnnualAssessmentAmount: 9.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 For Sale $690,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Quit Claim Deed $190,000 Stewart Title Of California
Grant Deed -- Stewart Title Of California
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Individual Deed -- --
Grant Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS26071273

California Regional Multiple Listing Service (CRMLS)

APN: 209-194-018

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