10359 Gould, Riverside, CA 92505
10359 Gould, Riverside, CA 92505
10359 Gould, Riverside, CA 92505
10359 Gould, Riverside, CA 92505
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Travis Breton

Travis Breton

+1(760) 470-2752
$ 1,863,000
Est. payment | /mo

0.85 Acres Lot

Save
$ 1,863,000
Est. payment | /mo
Save

0.85 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26147016

Lot Size 0.850 Acres

Property Sub-Type Lots/Land

Property Description

Rare 0.85-acre infill site Zoned R-3-1500 Multi-Family Residential in city of Riverside. Corner of Tyler street and Alrington Ave. Received conceptual approval from the City of Riverside for a 27-unit multifamily project consisting of all 27 units 3-bedroom / 2-bathroom each. Strong Rental Support for 3BR/2BA Units: City of Riverside Section 8 vouchers : $2,851 $3,320 Riverside County Section 8 v: $3,079 Illustrative Income Potential (at $3,000 per unit/month): 27 units $3,000/month 12 months = $972,000 potential gross annual income x 13 gross multiplier = potential furture value when project finished $12,636,000 . This combination of conceptual City approval and proven demand for larger 3BR/2BA units creates an attractive opportunity for multifamily developers and investors seeking an infill project with a clear path forward.

Location

State CA

County Riverside

Direction Corner of Tyler street and Alrington Ave.

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 150091032

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Tony Lee, DRE#01034072 Elite Homes Realty 

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Rise Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

10359 Gould

California Real Estate

 

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

 

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

 

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

 

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

 

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.