3071 Market
Riverside, CA 92501
6,098Sqft(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-rea
Property Details
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Map
What's Nearby
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Features
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Lot Information
Main Square Feet: 6098 Lot Size Acres: 0.14 Lot Size Source: Assessor Lot Size Square Feet: 6,098 Lot Description: 2-5 Units/Acre
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Listing Price Information
Listing Price: $690000Cash
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Tax Information
Parcel Number: 209194018 Tax Lot: 9
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Location Information
Direction: 1 st & Market WaterSource: See Remarks
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Indian Hill Road, Riverside, CA, 92501 | $475,000 | -- | -- | -- | 111,078 Sqft(Lot) |
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ByOwner last updated this listing 07/21/2026 @ 06:37
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