$498,000
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0 Center St, Riverside, CA 92501

NEW PRICE $498,000 which is $9.77 land per S.F. Seller says sell. We are pleased to present the opportunity to acquire land for multi-family development in Riverside, California. The property is 1.17 acres and is located at the south-east corner of Center Street and Placentia Lane. The site is triangular in shape and has more than 200 feet of frontage on both Center Street and Placentia Lane. According to the Riverside Northside Specific Plan, the land use designation for this site is medium high density and the zoning is R-3-3000. The site can be developed at a density up to fourteen dwelling units per acre. (Build 16 units on 1.17 acres, buyer to verify). With density bonuses permitted under state law, the residential density may exceed fourteen units per acre, buyer to verify. Seller financing is also available. Northside is a rapidly expanding neighborhood in the City of Riverside. The community is conveniently located at the busy intersection of three major freeways, California 91, California 60, and the Interstate 215. The City of Riverside has a vision for the Northside neighborhood to grow into a healthy and well-balanced community that celebrates the region s history and promotes recreational activities. New developments within a two-mile radius of the subject property include the Northside Village Center and the Trujillo Adobe Heritage Village. Both sites provide a mixture of new residential units, office space, restaurants, community service providers and retail opportunities. Known as the Inland Empire, the Riverside-San Bernardino metro is a 28,000-square-mile region in Southern California composed of San Bernardino and Riverside counties. The metro contains a population of 4.6 million. The largest city is Riverside with more than 324,100 residents and the population has increased over 22 percent since 2000, while being forecasted to grow 2.3 percent over the next five years. Within a five-mile radius of the subject property, the average household income is $77,944 and the population is nearly 250,000.

  • MLS# CV22016988MR
  • Date Listed01/26/2022
  • Days on Realty 1715 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 1 acres (43,560 sq. ft)
  • Property Type
  • County Riverside
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 1.00
  • Lot Size SQFT 43,560.00
  • Lot Features -

Financial Considerations


Schools near 92501

Explore the local neighborhood highlights and top-rated schools near 92501 in Riverside, CA.

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 92501

Discover key demographics, population statistics, and environmental insights for the Riverside, CA area.

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92501

Source: Walk Score

16/100

Car-Dependent

Walk Score ®

19/100

Minimal Transit

Transit Score ®

47/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Transit Summary

1 nearby routes: 1 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 15/100, Bike Score: 38/100.

Points of Interest near 0 Center St, Riverside, CA 92501

Frequently Asked Questions for 0 Center St

Source: Realty.com

0 Center St, Riverside, CA 92501 in Riverside, CA 92501 is a land listed at $498,000. Highlights include 1.00 acre lot. Realty.com provides sales history, school insights, and mortgage tools for this listing.

The full address for this home is 0 Center St, Riverside, CA 92501.

0 Center St has been listed on Realty.com since Wed January 26, 2022

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 15/100, Bike Score: 38/100.

There are 3 schools assigned to this home. Check out the schools near 0 Center St. Fremont Elementary School (Grades: PK - 6), University Heights Middle School (Grades: 7 - 8), Grand Terrace High School (Grades: 9 - 12)

Listing provided courtesy of: MARCUS & MILLICHAP (tel: 9094563400)
Listing agent: Douglas McCauley (#CV35308)

This content last refreshed on 2026-10-07 03:11:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.