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5127 La Sierra

Riverside, CA 92505
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SqFt65,340

Sqft(Lot)

This offering consists of two contiguous parcels (APNs 146-071-036 & 146-071-022) totaling approximately 1.5 acres, with assigned addresses of 5127 & 5131 La Sierra Avenue, Riverside, CA 92505. The property offers approximately 251 feet of frontage along La Sierra Avenue, one of West Riverside’s major thoroughfares, near the signalized intersection of Norwood Avenue. Zoned R-3 Multiple-Family Residential, the property presents an exceptional infill development opportunity with potential for 50+ residential units, subject to site planning, density calculations, development standards, entitlements, and City approval. The current sellers have begun planning for a 50+ unit senior housing apartment complex, giving a prospective buyer a valuable head start in evaluating a higher-density res idential concept. R-3 zoning allows up to 29 dwelling units per acre and supports apartments, townhomes, condominiums, qualifying tiny-home communities, and certain small-lot single-family developments. Additional density may be available through a Planned Residential Development Permit and/or Density Bonus Program. The sellers will provide the buyer with preliminary development and due-diligence materials, including a Property Survey, Preliminary Grading Plans, Site Plan, and Soils Report. These materials provide a valuable starting point for further feasibility analysis, engineering, site planning, and entitlement discussions. The site is flat and undeveloped, adjacent to established residential homes, with sidewalks in place and utilities located adjacent to or near the property. Located approximately 2 miles north of the 91 Freeway and less than 4 miles east of the 15 Freeway, the property is minutes from Hidden Valley Golf Club, Kaiser Permanente Riverside Medical Center, California Baptist University, parks, schools, restaurants, shopping, entertainment, and commercial amenities. With R-3 zoning, potential 50+ unit density, a preliminary senior housing concept (the 50+ unit concept is preliminary and is not a guarantee of project approval or final unit count), substantial La Sierra Avenue frontage, and preliminary plans and reports available, this is a compelling opportunity for multifamily developers, senior housing operators, builders, and land investors.

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Detail Ic Property Details

Property Type : Land

Price : $1,195,000

AD Id : 89293267

MLS Id : OC26173454

Lot Size : 65,340 Sqft(Lot)

County : Riverside

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  • Lot Information

    Lot Dimensions: 250x260 Main Square Feet: 65340 Lot Size Acres: 1.5 Lot Size Source: PublicRecords Lot Size Square Feet: 65,340 Lot Description: TwentySixToThirtyUnitsAcre,LotOver40000Sqft,Level,NearPark,NearPublicTransit,RectangularLot,StreetLevel

  • Listing Price Information

    Listing Price: $1195000
    Cash, OwnerMayCarry

  • Tax Information

    Parcel Number: 146071036 Tax Lot: 7 Tax Block: C

  • Utility Information

    ElectricityAvailable, NaturalGasAvailable, SewerAvailable, SeeRemarks, WaterAvailable, OverheadUtilities
  • Location Information

    Direction: Property address: 5127 La Sierra Ave, Riverside, CA 92505 AND 5137 La Sierra Ave, Riverside, CA 92505 WaterSource: Public, SeeRemarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4998 Bushnell Avenue, Riverside, CA, 92505 $849,000 -- -- -- 99,317 Sqft(Lot)
Norwood Ave, Riverside .., Riverside, CA, 92505 $300,000 -- -- -- 147,668 Sqft(Lot)
Bushnell Avenue, Riverside, CA, 92505 $165,000 -- -- -- 7,405 Sqft(Lot)
5608 La Sierra, Riverside, CA, 92505 $1,950,000 -- -- -- 92,783 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/09/2026 @ 13:13

MLS: OC26173454 LISTED BY: Scott Vu, Nexus Commercial 714-454-5114 SOURCE: CRMLS

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