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$1,863,000
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Property Description
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.
Full Property Details
Full Property Details for 10359 Gould St
General
- Price: $1,863,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: OC26147016
- Updated: 9/15/2026
- Days on Market: 53 days
- Added to Site: 53 day(s) ago
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Corner of Tyler street and Alrington Ave.
Utilities
- Sewer: None
- Water: Public
- Utility Description: None
Lot Features
- Property View: None
- Lot Size (Acres): 0.85
- Lot Size (Sq. Ft.): 37,026
- Lot Size Source: Assessor
- Zoning: R3-1500
- Lot Description: Biking
Financial Considerations
- Price Per Sq. Ft.: $50.32
Listed by Elite Homes Realty, Tony Lee
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Schools
Schools serving 10359 Gould St
School District:Alvord Unified School District
| Name | Grades | Distance |
|---|---|---|
La Granada Elementary School 10346 Keller Avenue, Riverside, CA 92505 | K-5 | 0.8 mi |
Loma Vista Middle School 11050 Arlington Avenue, Riverside, CA 92505 | 6-8 | 1.1 mi |
Norte Vista High School 6585 Crest Avenue, Riverside, CA 92503 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10359 Gould St
Date
Details
Price
Change
Source
9/09/2026
Listed
$1,863,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10359 Gould St
10359 Gould Street, Riverside, CA 92505 (MLS# OC26147016) is a Lots/Land property with a lot size of 0.8500 acres. 10359 Gould Street is currently listed for $1,863,000 and was received on September 09, 2026. Want to learn more about 10359 Gould Street? Do you have questions about finding other Lots/Land real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

