$1,863,000

10359 Gould Street, Riverside CA, 92505

Price per sqft$50.32

Lot size0.85 Acres

Property typeLand

Overview

Active

Listed Sep 9, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: OC26147016

Exterior Features

Lot Size: 0.85 Acres

Other Property Details

55+/Senior Community: No

Listed by Tony Lee, Elite Homes Realty, CA DRE 01034072

Listing Contact: 562-688-2505

Based on information from the CRISNet MLS as of 9/16/2026, 3:58 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.