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10359 Gould Street

Riverside, CA 92505
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SqFt37,026

Sqft(Lot)

Rare ±0.85-acre infill site Zoned R-3-1500 Multi-Family Residential in city of Riverside. Corner of Tyler street and Alrington Ave. Received conceptual approval from the City of Riverside for a 27-unit multifamily project consisting of all 27 units 3-bedroom / 2-bathroom each. Strong Rental Support for 3BR/2BA Units: City of Riverside Section 8 vouchers : $2,851 – $3,320 Riverside County Section 8 v: $3,079 Illustrative Income Potential (at $3,000 per unit/month): 27 units × $3,000/month × 12 months = $972,000 potential gross annual income x 13 gross multiplier = potential furture value when project finished $12,636,000 . This combination of conceptual City approval and proven demand for larger 3BR/2BA units creates an attractive opportunity for multifamily developers an d investors seeking an infill project with a clear path forward.

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Detail Ic Property Details

Property Type : Land

Price : $1,863,000

AD Id : 91115050

MLS Id : OC26147016

Lot Size : 37,026 Sqft(Lot)

County : Riverside

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  • Lot Information

    Main Square Feet: 37026 Lot Size Acres: 0.85 Lot Size Source: Assessor Lot Size Square Feet: 37,026 Lot Description: TwentySixToThirtyUnitsAcre

  • Listing Price Information

    Listing Price: $1863000
    Cash

  • Tax Information

    Parcel Number: 150091032 Tax Lot: 7 Tax Block: 1

  • Utility Information

    None, SewerNotAvailable
  • Location Information

    Direction: Corner of Tyler street and Alrington Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Polk St, Riverside, CA, 92505 $6,100,000 -- -- -- 4.84 Acres(Lot)
3907 Polk Street, Riverside, CA, 92505 $6,950,000 -- -- -- 128,502 Sqft(Lot)
4998 Bushnell Avenue, Riverside, CA, 92505 $849,000 -- -- -- 99,317 Sqft(Lot)
Bushnell Avenue, Riverside, CA, 92505 $165,000 -- -- -- 7,405 Sqft(Lot)
5127 La Sierra, Riverside, CA, 92505 $1,195,000 -- -- -- 65,340 Sqft(Lot)
5608 La Sierra, Riverside, CA, 92505 $1,950,000 -- -- -- 92,783 Sqft(Lot)

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ByOwner last updated this listing 09/10/2026 @ 15:06

MLS: OC26147016 LISTED BY: Tony Lee, Elite Homes Realty 714-820-4030 SOURCE: CRMLS

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