3071 Market, Riverside, CA — listing photo 1
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FOR SALE

3071 Market

Riverside, CA 92501
6,098 Lot Sq Ft
$690,000

Property Overview

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

Home Details

Property type
Land
Lot size
6,098 sq ft
Days on market
133
MLS status
Active
Zoning
C3-Downtown specific plan

Features & Amenities

Lot

  • Two To Five Units Acre

Community, Schools & Utilities

Community

View
None

Utilities

Water
SeeRemarks
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Location & Neighborhood

3071 Market

Riverside, CA 92501

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Frequently Asked Questions About 3071 Market

Property type: Land

The current asking price is $690,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 3071 Market. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Riverside, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Riverside property.
The MLS currently reports the property as Active. It has been listed for 133 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: YONG GAO
MLS ID: W72279

Available property

$690,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.