37,026 / 0.85
Lot Size / Acres

Description

The subject property is a ±0.85 acre infill residential development site located on the north side of Gould Street two parcels to the west of Tyler Steet in the La Sierra Acres community of Riverside, California. The property is zoned R-3-1500 residential which allows for up to 29 dwelling units per acre. The General Plan Land Use designation for this site is High Density Residential which provides for the development of row houses, condominiums and apartments, senior housing and multifamily clusters....The subject property is a ±0.85 acre infill residential development site located on the north side of Gould Street two parcels to the west of Tyler Steet in the La Sierra Acres community of Riverside, California. The property is zoned R-3-1500 residential which allows for up to 29 dwelling units per acre. The General Plan Land Use designation for this site is High Density Residential which provides for the development of row houses, condominiums and apartments, senior housing and multifamily clusters. The HDR designation allows a maximum of 29 dwelling units per acre which would mean that that a developer could theoretically build 24 units on this site by-right. This site is located on the northern side of Gould Street just to the west of Tyler Street. The neighborhood along Gould Street is primarily residential in nature and is composed of single-family residences, duplexes, fourplexes and small multi-family apartment buildings. The north side of the subject property abuts a Stater Bros grocery center. The site is generally flat and rectangular in shape with 140’ of frontage along Gould Street with a depth of 267’. This is an infill site and all utilities are available in Gould Street. Additionally, this site is in the Alvord Unified School District with elementary, middle and high schools all in close proximity. Riverside is similar to the majority of Southern California in that residential development, in general, is in high demand and the market for new residential development sites is greatly supply restricted. With the opportunity to build 24 units on this site by-right, the property has been priced at only $20,625 per buildable unit.
  1. Listed by Matthew Wenzel • DRE #01198357 • Brokerage DRE #00530854 • Marcus & Millichap • 714-875-2878

Property Details for 0 Gould Street

View
Neighborhood
Lot Size Source
Assessor
Lot Size Dimensions
140' x 267'
Assessor Parcel Number
150-091-032
New Construction
No
Pool
No
View
Yes
View
Yes
LISTING CLOSED: 03/13/2024 12:00 AM

Property Details for 0 Gould Street

StatusClosed
MLS #PW24002880
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.85 AC
CountyRiverside County

Location

Listing Courtesy of Marcus & Millichap, Matthew Wenzel, DRE #01198357

Sold By Marcus & Millichap, Matthew Wenzel, DRE #01198357

Add your commute

Building Information for 0 Gould Street

Lot Size0.85 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,442 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,442

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 0 Gould Street

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: 1
  • Tax Census Tract: 411.02
  • CFD/Mello-Roos Fee: $41
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Exterior Features
  • Structures: Value in Land
  • Other Structures: Value in Land
  • Miscellaneous: Value in Land
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Lot Features: 26-30 Units/Acre, Value In Land
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 0 Gould Street

DateEvent & SourcePriceAppreciation
Mar 13, 2024

Sold

CLAW #PW24002880MR

$490,000
Mar 13, 2024

Sold

CRMLS #PW24002880

$490,000
Mar 13, 2024

Sold

SDMLS #PW24002880

$490,000
DateEvent & SourcePrice
03/13/2024

Sold

CLAW #PW24002880MR

$490,000
03/13/2024

Sold

CRMLS #PW24002880

$490,000
03/13/2024

Sold

SDMLS #PW24002880

$490,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Gould Street

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
La Granada Elementary School
PublicK to 5

Loma Vista Middle School
Public6 to 8

Norte Vista High School
Public9 to 12

Summit Secondary
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Matthew Wenzel, DRE #01198357

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.