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3071 Market, Riverside, CA 92501

Riverside
Local realty services provided by:CENTURY 21 Sierra Properties
3071 Market,Riverside, CA 92501
$690,000
  • 0.14 Acres
  • Lots / Land
  • Active
Listed by: yong gao
Office: hebron equities inc.
MLS#:CRWS26071273
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$690,000

About this home

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

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Home facts

  • Listing ID #:CRWS26071273
  • Added:1 day(s) ago
  • Updated:April 12, 2026 at 02:42 PM

Structure and exterior

  • Lot area:0.14 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$690,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 12, 2026

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