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Permit-Ready Senior Apartment Development Land
For Sale
$1,800,000

8527 Janet Avenue, Riverside, CA 92503

Ready-to-issue-permit site for a planned 104-unit senior (55+) apartment community with two three-story buildings and planned amenities.

Property SizeContact for details
Lot Size2.89 Acres
Days on Market157

Property Features for 8527 Janet Avenue

General Information

Standard status Active
Total Parking Spaces 114
Lot size 2.89 Acres
Property subtype Lot/Land
Zoning R-3-1500

Additional Details

Highway Access Yes
Multifamily Units 104

Amenities

resident lounges
landscaped courtyards
outdoor gathering areas with BBQ and fireplace features
EV-ready charging stations

Building Details

Stories 3
Tenancy Multi
Listing Agency: Bankers Realty Exclusive, Inc.
Listed By: Dilip Sheth · License #00925303
Source: Compass
Added: Mar 23 Changed: Aug 8 Last Checked: Apr 1 at 9:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bankers Realty Exclusive, Inc.

Investment Insights

Based on property information with market context.

A permit-ready development site designed for a 104-unit senior (55+) apartment community. The fully planned concept includes two three-story buildings with a unit mix of one- and two-bedroom apartments for independent senior living, along with landscaped courtyards and outdoor gathering areas. Planned amenities include over 39,000 square feet of open and recreational space, resident lounges, and outdoor BBQ and fireplace features, with ADA-accessible design throughout.

The project totals 114 parking spaces, including 62 covered spaces, and includes EV-ready charging stations. The site is approximately 2.89 acres and is positioned in an established residential neighborhood. Located at 8527 Janet Avenue in Riverside, California, the development offers convenient access to Kaiser Permanente Medical Center and Galleria at Tyler, as well as major retail corridors and the 91 and 15 freeways, with utilities noted nearby.

Key Highlights

  • Ready‑to‑issue‑permit (RTI) development opportunity for a planned 104‑unit senior (55+) apartment community at 8527 Janet Avenue in Riverside, CA
  • Project planned on approx. 2.89 acres in an established residential neighborhood
  • Fully designed plan includes two three‑story buildings with a unit mix of one- and two‑bedroom senior apartments

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

104
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby

Demographics for 92503, CA

90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Ready-to-issue-permit site for a planned 104-unit senior (55+) apartment community with two three-story buildings and planned amenities.
Where is this residential land & home lot 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: Ready‑to‑issue‑permit (RTI) development opportunity for a planned 104‑unit senior (55+) apartment community at 8527 Janet Avenue in Riverside, CA; Project planned on approx. 2.89 acres in an established residential neighborhood; Fully designed plan includes two three‑story buildings with a unit mix of one- and two‑bedroom senior apartments
More about this property
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