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Riverside Senior Housing Development Opportunity

8527 Janet Avenue Riverside, CA 92503

8527 Janet Avenue, Riverside, CA, 92503
$1,800,000
For Sale
Under Contract
Claim this Listing
$1,800,000

LAND - Riverside, CA

Lot Size2.89 Acres
AddedMar 23
Days on Market116
Last RefreshJul 16 at 11:06 am

Property Features for 8527 Janet Avenue

General Information

Property type
Land
Property subtype
Other
Zoning
R-3-1500
Fencing
Chain Link
Standard status
Active Under Contract
APN
151111034
Lot size
2.89 Acres

Utilities

Utilities
Cable Available
Water source
Public

Listing agent Dilip Sheth License #00925303

Listing office Bankers Realty Exclusive, Inc. 2625 Townsgate Rd. # 330, Westlake Village, CA

Listing date Mar 23, 2026

MLS# SB26062399

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a rare opportunity to develop a 104-unit senior (55+) apartment community at 8527 Janet Avenue in Riverside, California. The project is situated on approximately 2.89 acres within an established residential neighborhood. The fully designed project includes two three-story buildings with a mix of one- and two-bedroom apartments, designed for independent senior living. Planned amenities include over 39,000 square feet of open and recreational space, resident lounges, landscaped courtyards, and outdoor gathering areas with BBQ and fireplace features. The development also includes 62 covered parking spaces, EV-ready charging stations, and ADA-accessible design throughout. The project has completed plans and plan-check corrections, and no public funding restrictions. The property is located near Kaiser Permanente Medical Center, Galleria at Tyler, major retail corridors, and the 91 and 15 freeways, providing convenient access throughout Riverside County and the greater Inland Empire. The property is zoned R-3-1500.

Key Highlights

  • RTI (Ready‑To‑Issue) permits for a 104‑unit senior (55+) apartment community
  • Prime infill location in Riverside, CA
  • Fully designed project with a balanced mix of one- and two‑bedroom apartments

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Hair Salon Skin Care Clinic Gym & Fitness Center HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Land - RTI 104-unit senior apartment development opportunity in Riverside, California.
Where is this land located?
The property is located at 8527 Janet Avenue Riverside, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: RTI (Ready‑To‑Issue) permits for a 104‑unit senior (55+) apartment community; Prime infill location in Riverside, CA; Fully designed project with a balanced mix of one- and two‑bedroom apartments
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