3071 Market St Riverside, CA 92501
Downtown Riverside NeighborhoodEstimated payment $4,426/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,677 | $83,299 | $15,770 | $67,529 |
| 2024 | $7,677 | $78,957 | $14,948 | $64,009 |
| 2023 | $7,444 | $70,504 | $13,348 | $57,156 |
| 2022 | $6,633 | $62,659 | $11,863 | $50,796 |
| 2021 | $6,260 | $57,370 | $10,862 | $46,508 |
| 2020 | $6,669 | $58,689 | $10,180 | $48,509 |
| 2019 | $6,021 | $51,950 | $9,568 | $42,382 |
| 2018 | $5,929 | $50,832 | $9,362 | $41,470 |
| 2017 | $5,593 | $46,829 | $8,625 | $38,204 |
| 2016 | $5,556 | $46,526 | $8,569 | $37,957 |
| 2015 | $5,438 | $45,281 | $8,340 | $36,941 |
| 2014 | $5,438 | $46,161 | $8,847 | $37,314 |
| 2013 | $5,438 | $48,372 | $9,271 | $39,101 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2026 08/22/26 | For Sale | $690,000 | 0.0% | -- |
| 08/21/2026 08/21/26 | Off Market | $690,000 | -- | -- |
| 04/10/2026 04/10/26 | For Sale | $690,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26071273
APN: 209-194-018
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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