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$ 1,100,000
Est. payment /mo
Active
3732 Van Buren BLD Riverside, CA 92503
0.91 Acres Lot
UPDATED:
09/27/2024 09:09 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24148518
Originating Board California Regional MLS
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
Location
State CA
County Riverside
Area 252 - Riverside
Zoning LSR,LL
Exterior
View None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 234112041
Special Listing Condition Not Applicable
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Listed by Matthew Wenzel • Marcus & Millichap