Home | Riverside County | Riverside | 92505 | 10359 Gould St
MLS: CROC26147016 | Status: Active | Price: $1,863,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 0.85 | – |
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.
| Field | Value |
|---|---|
| MLS # | CROC26147016 |
| MLS Source | California Regional MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| HOA Fee | $0 |
| Zoning | D6 |
Tony Lee
Elite Homes Realty
License #: 01034072
Phone: (562) 688-2505
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 9081 Limonite | $1,999,999 | – | – | – | Active |
| 8527 Janet Ave | $1,800,000 | – | – | – | Active |
| 5608 La Sierra | $1,950,000 | – | – | – | Active |
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This listing information is up-to-date as of September 16, 2026. For the most current information, please contact Tony Lee, (562) 688-2505.