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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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3071 Market Riverside, CA 92501
$690,000 0 beds, 0 baths
0 sqft
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Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
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Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Fax: 949-640-7429
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Agent Remarks

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 Details

Property type: (Lots/Land)
Status: Active
MLS# WS26071273
List price is $690,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.14 acres
Lot size: 0.1400
County: Riverside
Zoning: C3-Downtown specific plan
Lot description: TwoToFiveUnitsAcre
MLS area: 252 - Riverside

Last Updated: 4/10/2026

 Find more Riverside homes and real estate

 Find more homes in 92501 zip code

This listing belongs to the 252 - Riverside MLS area

Lat/Long: 33.989616, -117.371246.
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Listing Agent: YONG GAO
Lic#: 02020525
Office Name: Newport Beach

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com

Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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