8527 Janet Avenue, Riverside, CA 92503
Local realty services provided by:CENTURY 21 Lois Lauer Realty
8527 Janet Avenue,Riverside, CA 92503
$1,800,000
- 2.89 Acres
- Lots / Land
- Active
Listed by: dilip sheth
Office: bankers realty exclusive, inc.800-421-9323
MLS#:SB26062399
Source:CRMLS
Price summary
- Price:$1,800,000
About this home
Ready to Issue Permit Ready 104-Unit Market Rate Senior Apartments Development Opportunity – Riverside, CA
Janet Avenue Apartments presents a rare RTI development opportunity for a 104-unit senior (55+) apartment community located at 8527 Janet Avenue in Riverside, California. The project sits on approximately 2.89 acres in an established residential neighborhood, offering a prime infill location within one of the Inland Empire’s strongest multifamily markets. The fully designed project includes two three-story buildings with a balanced unit mix of one- and two-bedroom apartments, designed specifically for independent senior living. Planned amenities include over 39,000 square feet of open and recreational space, resident lounges, landscaped courtyards, and outdoor gathering areas with BBQ and fireplace features. The development also includes a total of 114 parking spaces of which 62 are covered parking spaces, EV-ready charging stations, and ADA-accessible design throughout. With completed plans, plan-check corrections, and no public funding restrictions, the project provides investors and developers with a streamlined path to construction in a supply-constrained housing market. The property is ideally located near Kaiser Permanente Medical Center, Galleria at Tyler, major retail corridors, and the 91 and 15 freeways, providing convenient access throughout Riverside County and the greater Inland Empire. Strong regional demographics, expanding senior population, and limited new age-restricted housing supply position this project as a compelling opportunity to deliver modern senior housing with long-term income potential. At $17,300/unit,this is one of the cheapest land projects in the market. All utilities near by....
Contact an agent
Home facts
- Listing ID #:SB26062399
- Added:72 day(s) ago
- Updated:June 13, 2026 at 01:33 AM
Structure and exterior
- Lot area:2.89 Acres
- Lot Features:Value In Land
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,800,000
New listings near 8527 Janet Avenue
- Open Sun, 1 to 4pmNew
$1,949,999Active8 beds 4 baths3,400 sq. ft.6308 Hawarden, Riverside, CA 92506
MLS# AR26128309Listed by: WETRUST REALTY - New
$210,000Active3 beds 2 baths1,170 sq. ft.3444 Center Street #13, Riverside, CA 92501
MLS# HD26128908Listed by: EXP REALTY OF SOUTHERN CA INC. - New
$499,900Active2 beds 1 baths832 sq. ft.10035 Campbell, Riverside, CA 92503
MLS# IV26128930Listed by: LEGACY HOMES REAL ESTATE - New
$429,000Active3 beds 2 baths1,152 sq. ft.1464 Everton, Riverside, CA 92507
MLS# TR26125824Listed by: WALTON REALTY INC. - Open Sun, 12 to 2pmNew
$450,000Active2 beds 2 baths1,368 sq. ft.1040 Central #21, Riverside, CA 92507
MLS# WS26129058Listed by: A-Z REALTY & INVESTMENT CORP - New
$689,900Active4 beds 3 baths1,750 sq. ft.4834 Hedrick Avenue, Riverside, CA 92505
MLS# CV26115871Listed by: ELITE PREMIER PROPERTIES - Open Sun, 12 to 4pmNew
$151,000Active2 beds 2 baths1,440 sq. ft.4000 Pierce #202, Riverside, CA 92505
MLS# IV26128134Listed by: COLDWELL BANKER REALTY - Open Sat, 1 to 4pmNew
$705,000Active5 beds 2 baths1,576 sq. ft.2972 Westchester, Riverside, CA 92503
MLS# CV26128393Listed by: EXP REALTY OF CALIFORNIA INC - Open Sat, 1 to 4pmNew
$499,900Active4 beds 3 baths1,488 sq. ft.2723 Iris Street, Riverside, CA 92507
MLS# IG26127794Listed by: CHAMPIONS REAL ESTATE - New
$815,000Active5 beds 3 baths2,882 sq. ft.9681 Bonsai, Riverside, CA 92508
MLS# SW26125806Listed by: ARRIVE REAL ESTATE