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Property view
Listing view 2

3071 Market, 
Riverside, CA 92501

$690,000

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Bed

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Bath

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Sq Ft

Land

Active

Listed by

Yong Gao

Hebron Equities Inc.

Last updated:

July 30, 2026, 01:55 PM

MLS#

WS26071273

Source:

San Diego MLS via CRMLS

About This Land

3071 Market

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

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.00

MLS #:

WS26071273

Last Updated:

July 30, 2026, 01:55 PM

Added:

3 month(s) ago

Finances & Disclosures

Finances

Price:

$690,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.