Listed by Elite Homes Realty, Tony Lee, Listing Contact: 562-688-2505

$1,863,000

10359 Gould ST, Riverside CA, 92505

Price per sqft$50.32

Lot size0.85 Acres

Property typeLand

Overview

Active

Listed Sep 9, 2026

Updated 9 days 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: CROC26147016

Exterior Features

Lot Size: 0.85 Acres

Listed by Elite Homes Realty, Tony Lee DRE:01034072,
Listing Contact: 562-688-2505

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Data last updated 2:28 PM UTC, 9/28/2026