About 10359 Gould Street
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.
Features of 10359 Gould Street
| MLS® # | OC26147016 |
|---|---|
| Price | $1,863,000 |
| Bathrooms | 0.00 |
| Acres | 0.85 |
| Type | Land |
| Status | Active |
Community Information
| Address | 10359 Gould Street |
|---|---|
| Area | 252 - Riverside |
| City | Riverside |
| County | Riverside |
| Zip Code | 92505 |
Amenities
| Utilities | None, Sewer Not Available |
|---|---|
| View | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | TwentySixToThirtyUnitsAcre |
|---|
Additional Information
| Date Listed | September 8th, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | R3-1500 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tony Lee |
|---|---|
| Office | Elite Homes Realty |