92505 Land for Sale

92505 Land for Sale

Welcome to the vibrant community of Riverside, California, nestled in the heart of the 92505 zip code! This area is a hidden gem known for its breathtaking landscapes, friendly neighborhoods, and a wealth of recreational opportunities. Whether you're looking to build your dream home or invest in land for sale, 92505 offers a unique blend of urban convenience and natural beauty.

Riverside is rich in cultural heritage, with charming historic districts and a lively downtown area filled with shops, restaurants, and entertainment options. The nearby Riverside Plaza and Galleria at Tyler provide a variety of shopping experiences, while the stunning views of the Santa Ana Mountains offer a picturesque backdrop for outdoor enthusiasts. With numerous parks, hiking trails, and the scenic Santa Ana River, residents can enjoy a plethora of outdoor activities right at their doorstep.

Investing in land for sale in 92505 presents an incredible opportunity. The area’s growing economy and diverse housing market make it an ideal location for both first-time buyers and seasoned investors. With spacious lots available, you can design your own sanctuary tailored to your lifestyle. Imagine waking up to the California sun, with ample space for gardens, outdoor entertaining, or even a private retreat.

The 92505 zip code is not just a place to live; it’s a community that fosters connection and growth. With its excellent schools, friendly neighbors, and a commitment to preserving its natural beauty, Riverside is the perfect place to lay down roots. Don’t miss your chance to be part of this thriving community—explore the land for sale in 92505 today!

Newest 92505 Land for Sale

$6,950,000
CV26177716 MLS Active Status
Rare construction-ready townhome development opportunity in one of Riverside's most sought-after submarkets. 3907 Polk Street is a fully entitled, shovel-ready project offering 57 premium townhome residences across eight buildings on ±2.95 acres (±128,502 SF), with grading complete and all remaining permits at RTI status — delivering an incoming developer a clear and immediate path to vertical construction. The approved plans yield ±69,498 net rentable square feet across an all 2-bedroom/2-bathroom unit mix, comprising 51 standard units at ±1,218 SF and six accessible units at ±1,230 SF, with an average unit size of ±1,219 SF. Every residence features a private covered balcony and a dedicated 2-car garage, with 57 total garages and 114 garage spaces across the site. Units are designed to deliver contemporary, high-quality living with premium fixtures and fully equipped kitchens with state-of-the-art appliances. The site offers exceptional connectivity to key market drivers. Residents will enjoy walking-distance access to Kaiser Permanente Riverside Medical Center and strong regional mobility via the 91, 15, 60, and 215 Freeways. The nearby Metrolink La Sierra Station provides direct rail service to Los Angeles Union Station and the broader Southern California transit network. The City of Riverside is a premier Inland Empire market anchored by major employers across Healthcare, Education, and Government/Aerospace — including Kaiser Permanente, Riverside Community Hospital, UC Riverside, California Baptist University, the County of Riverside, and Collins Aerospace — supported by a strong household income within the trade area. Retail and lifestyle amenities including the Galleria at Tyler, Castle Park, and Downtown Riverside are all within minutes. Inland Empire multifamily fundamentals remain strong, with vacancy near its lowest point since 2022 and net absorption continuing to outpace new supply. The incoming developer has the option to complete a Condo Map with individually parceled APNs, unlocking maximum exit flexibility — whether pursuing a stabilized rental strategy, a for-sale townhome exit, or a combination of both. This is an exceptional opportunity for a residential townhome developer, seasoned investor, or private capital group to acquire a premier development project with sustained demand from both the traditional rental pool and the high-demand student housing market driven by the site's proximity to nearby universities.

3907 Polk Street, Riverside

$2,999,000
26829657 MLS Active Status
We are pleased to present 11325 Magnolia Avenue, a 54-unit entitled multifamily development opportunity in Riverside, California, offered at $2,999,000. The entitlement is approved. Plans are in place for a 4-story wood-frame residential building on a flat 0.94-acre site on Magnolia Avenue. At $55,537 per buildable unit, the pricing reflects the entitlement work already completed and a site ready to move toward building permit. The building consists of 49 one-bedroom units and 5 two-bedroom units across four stories of residential space above ground-level parking. Designed by Hedgemon PD, LLC out of Newport Beach. The amenity package includes a gym, game room, 4th-floor viewing deck and outdoor lounge, central courtyard, tot lot, bike storage, elevator, in-unit laundry, and EV charging. Balconies on the majority of units. Parking totals 84 spaces including 3 ADA and 3 EV charging spaces. A rooftop solar zone is designated.11325 Magnolia Avenue sits on one of Riverside's highest-traffic arterials, providing the future building with strong street visibility and direct access to a proven rental corridor. California Baptist University sits directly on Magnolia Avenue, making this corridor a natural draw for students, faculty, and staff seeking housing within close proximity to campus. La Sierra University is 1.6 miles from the site, adding another significant base of rental demand to the immediate trade area. The University of California, Riverside, one of the region's premier research universities, further anchors Riverside as a destination for students, faculty, and young professionals who need quality housing. Kaiser Permanente Riverside Medical Center is less than a mile away and is currently undergoing a significant campus expansion: a new 5-story hospital tower adding 152 beds, a diagnostic and treatment building, and a 1,200-space parking structure across a 4.5-year construction program. The 91 Freeway is minutes from the site, connecting residents to employment centers across the Inland Empire and into the greater Los Angeles basin. The Inland Empire continues to face a structural undersupply of new multifamily housing relative to population and job growth. Riverside's rental market has maintained consistent occupancy in stabilized Class A product. Institutional capital is actively investing on this corridor. A developer acquiring this site steps into an approved entitlement, a completed building design, and a submarket with real demand drivers already in place.

11325 Magnolia Avenue, Riverside

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.