3071 Market Riverside, CA ^$ 690,000

3071 Market

^$ 690,000

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Recently Listed

3071 Market

Riverside, CA, 92501

^$ 690,000

Studio Baths0.0

Monthly Estimate*

^$ 4,248

Listed by HEBRON EQUITIES INC.

3071 Market, Riverside, CA 92501 - Image 1

3071 Market, Riverside, CA 92501 - Image 2

Studio

Lots and Land for sale in Riverside, CA

for $690,000. The lot size is 0.14.

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

Lots and Land Active

Price

^$ 690,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.14

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

WS26071273

Days on Market

Features

General

Zoning C3-Downtown specific plan

HOA Fee 0

View None

Community Features Street Lights

County Riverside

New Construction false

Property Type Land

HOA false

Special Listing Conditions Standard

Status Active

Directions 1 st & Market

City Riverside

Senior Community Y/N false

MLS Area 252 - Riverside

Lot Size Units Square Feet

Lot Size Square Feet 6098

Listing Terms Cash

Land Lease Y/N false

Additional Parcels Y/N false

Standard Status Active

Tax Lot 9

Exterior

Fencing None

Lot Features 2-5 Units/Acre

Water Source See Remarks

Lot Size Area 6098

Lot Size Acres 0.14

Lot Size Source Assessor

Road Frontage Type City Street

* Excluded Features

List By

Hebron Equities Inc.

Broker

leogao2001@gmail.com

Affordability Calculator

$4,248

Per Month

Monthly Principal & Interest: $4,248
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Riverside, CA

Average List Price ^$794,091

Percent of Sale Price 15%

About Riverside, CA

322,488 Population

25% Since 2002

^$60,101 Median Income

32.82 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2026	$690,000		Listed Price

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3071 Market, Riverside, CA, 92501 is a Lots and Land for sale at $690,000 with a lot size of 0.14. 3071 Market is a studio with 0.0 baths. The property's zip code is 92501 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3071 Market

Lots and Land for sale in Riverside, CA

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