10359 Gould, Riverside, CA 92505

Riverside
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
10359 Gould,Riverside, CA 92505
$1,863,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: tony lee
Office: elite homes realty
MLS#:OC26147016
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,863,000

About this home

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.

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Home facts

  • Listing ID #:OC26147016
  • Added:59 day(s) ago
  • Updated:November 08, 2026 at 03:21 PM

Finances and disclosures

  • Price:$1,863,000
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