The subject property is a ± 0.45 acre infill residential development site located at 4802-4812 Doane Ave. in the La Sierra community of Riverside, California.
The property is zoned R-3-1500 residential which allows for up to 29 dwelling units per acre. This zoning also allows for Unlimited Density for a 100% Affordable Housing project. The General Plan Land Use designation for this site is MU-V Mixed-Use Village which provides for medium to high density residential development with retail, office and service uses primarily at the street level to facilitate a pedestrian environment.
This site is located one block to the east of the busy La Sierra commercial corridor. The neighborhood in this area is primarily residential in nature and is composed of single-family residences, duplexes, fourplexes and small multi-family apartment buildings. Directly to the north of the subject property is the Church of Christ building.
The site is generally flat with approximately 100’ of frontage along Doane Avenue and approximately 131’ of frontage along Wells Avenue. This is an infill site and all utilities are available in in the 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.
The property is zoned R-3-1500 residential which allows for up to 29 dwelling units per acre. This zoning also allows for Unlimited Density for a 100% Affordable Housing project. The General Plan Land Use designation for this site is MU-V Mixed-Use Village which provides for medium to high density residential development with retail, office and service uses primarily at the street level to facilitate a pedestrian environment.
This site is located one block to the east of the busy La Sierra commercial corridor. The neighborhood in this area is primarily residential in nature and is composed of single-family residences, duplexes, fourplexes and small multi-family apartment buildings. Directly to the north of the subject property is the Church of Christ building.
The site is generally flat with approximately 100’ of frontage along Doane Avenue and approximately 131’ of frontage along Wells Avenue. This is an infill site and all utilities are available in in the 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.
Property Details
Price:
$460,000
MLS #:
PW24040150
Status:
Active
Baths:
0
Address:
4812 Doane Avenue 146231029
Type:
Land
Neighborhood:
252riverside
City:
Riverside
Listed Date:
Feb 26, 2024
State:
CA
ZIP:
92505
Lot Size:
19,601 sqft / 0.45 acres (approx)
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Schools
Interior
Exterior
Community Features
Suburban
Lot Features
Corner Lot
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address4812 Doane Avenue 146231029 Riverside CA
- Area252 – Riverside
- CityRiverside
- CountyRiverside
- Zip Code92505
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4812 Doane Avenue 146231029
Riverside, CA
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