3732 Van Buren Boulevard

Riverside, CA 92503

$1,100,000
Price
39,540 / 0.91
Lot Size / Acres

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
...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 qualify under this legislation, and due to the fact that the property is composed of three individual parcels, each parcel could be developed individually which would be beneficial for a smaller developer who may not have the capital to undertake a project covering the entire property all at one time. The site is generally flat and rectangular in shape with all utilities available in the street. Sidewalks, curbs, gutters, street lights and fire hydrants are already in place along Van Buren Blvd. although the site currently does not have any existing curb cuts. Riverside is a very restricted market when it comes to well-located residential development sites such as the subject property, especially in the ±1 acre range. Not only does this site benefit from advantageous MU-V zoning but it also benefits from a highly desirable location just north of the 91 freeway with great frontage and visibility along a major city arterial.
  1. Listed by Matthew Wenzel • DRE #01198357 • Brokerage DRE #00530854 • Marcus & Millichap • mwenzel@marcusmillichap.com

Property Details for 3732 Van Buren Boulevard

View
None
Lot Size Source
Assessor
Lot Size Dimensions
221' x 176'
Assessor Parcel Number
234-112-041
New Construction
No
Pool
No
View
No
Association
No
LISTING UPDATED: 09/27/2024 07:06 AM

Property Details for 3732 Van Buren Boulevard

StatusActive
MLS #PW24148518
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.91 AC
CountyRiverside County

Building Information for 3732 Van Buren Boulevard

Lot Size0.91 AC

Property Information for 3732 Van Buren Boulevard

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 26
  • Tax Census Tract: 316.01
  • CFD/Mello-Roos Fee: $79
  • Tax Lot: 44
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Exterior Features
  • View Description: None
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Additional Parcels Description: 234112042, 234112043
  • Lot Features: Rectangular Lot, Level
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 3732 Van Buren Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3732 Van Buren Boulevard

Taxable ValueLand$171,440Additions-Total$171,440
Tax Record2024$1,955 ($163 / month)
Home Facts
Lot Size10,890 SqFtStyleCommercialZoningC2CountyRIVERSIDEAPN234-112-042

Schools near 3732 Van Buren Boulevard

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Liberty Elementary School
PublicK to 6

Chemawa Middle School
Public7 to 8

Arlington High School
Public9 to 12

Sunshine Special Education School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3732 Van Buren Boulevard is a 0.91 ac of land for sale in Riverside, CA 92503. This property was listed for sale on July 18, 2024 by Marcus & Millichap, it's currently listed at $1,100,000. It has been on the market for a total of 87 days and was last sold on December 23, 2003. This listing's school district is Riverside Unified School District. Nearby schools include Liberty Elementary School, Chemawa Middle School and Arlington High School. 3732 Van Buren Boulevard is a 0-bed, 0-bath, 0.91 ac of land on a 39,540 sq. ft. / 0.91 acres lot.

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Listing Courtesy of Marcus & Millichap, Matthew Wenzel, DRE #01198357

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.