$ 1,100,000
3732 Van Buren Boulevard Riverside, CA 92503
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Listed by Matthew Wenzel • Marcus & Millichap
$ 1,100,000
Est. payment /mo
Active
3732 Van Buren Boulevard Riverside, CA 92503
39,540 SqFt
UPDATED:
09/28/2024 04:51 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 39,540 sqft
Price per Sqft $27
MLS Listing ID CRPW24148518
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 0.908 Acres
Property Description
The subject property is a ± 0.90 acre infill development site located at 3732-3736 Van Buren Blvd. in Riverside, California. Located less than ½ mile to the north of the 91 Riverside Freeway, this site is composed of three individual parcels of land with great visibility along Van Buren Blvd. including 221’ of street frontage. Zoning on the property along with the General Plan Land Use designation for this site is Mixed-Use Village (MU-V). MU-V allows for densities of up to 30 dwelling units/acre providing for medium to high density residential development. Retail, office and service uses at the street level can be included to facilitate a vibrant pedestrian environment. Additionally, higher residential densities are permissible for projects in this zone as the site has the potential to serve as a transit-oriented development project. Under the MU-V zoning code, proposed projects within one-half of a mile of a transit stop along Magnolia Ave. may have their residential density increased to 40 dwelling units per acre. California Assembly Bill 803 (AB 803), also known as the Starter Home Revitalization Act of 2021 was signed into law to encourage the construction of modestly sized single-family homes that may be affordable to first-time homebuyers. The subject property would qu
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
View None
Building
Lot Description Level
Water Public
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