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7542 Peters St, Riverside, CA 92504

Riverside County

Key Facts

0.17Lot (acres)

Description

Prime opportunity to build in a desirable Riverside location near Madison Street. This 7405 square foot lot comes with city approved plans for a single family residence along with a detached ADU and JADU, allowing you to move forward with construction right away. Save time and avoid the lengthy approval process since everything is already in place. Ideal for builders, investors, or owner users looking to create a custom property with additional income potential. The approved design maximizes the lot and offers flexibility for multi generational living or rental opportunities. Conveniently located near schools, shopping, dining, and major transportation routes. Do not miss this rare chance to purchase a ready to build property in a growing area of Riverside

Property Information

Property Type

Land

Lot Size

0.17 acres

Zoning

R3

Days on Market

72

MLS® Listing#

IV26059215

Property Features

Community

CurbsStreet LightsSidewalks

Water Source

Public

Financial Details

HOA

None

Parcel Number

230275045

Directions

exit madison and turn right on peters st

Affordability Calculator

$48,000

Estimated monthly payment

$1,277/mo

Principal $192,000 · Est. interest $267,857 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Riverside, CA

$761,749
Median Listing Price
45
Median Days on Market
2,180
Median Sq Ft
$372
Median Price / Sq Ft
530
Active Listings
  • This home’s price is 68% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Riverside, CA.

Location

Map showing the location of 7542 Peters St, Riverside, CA 92504

Points of Interest in Riverside, CA

Showing the Riverside area map.

Nearby Schools

  • Casa Blanca Head Start

    School · 0.3 mi away

  • Planning and Development, Riverside Unified School Distrct

    School · 0.5 mi away

  • Madison Elementary School

    Elementary · 0.6 mi away

  • Riverside Montessori Academy

    Elementary · 0.6 mi away

  • Ramona High School

    Secondary · 0.9 mi away

  • Notre Dame High School

    Secondary · 1.0 mi away

  • St. Catherine of Alexandria Parish School

    School · 1.1 mi away

  • Woodcrest Christian Day School

    School · 1.1 mi away

  • Washington Elementary School

    Elementary · 1.1 mi away

  • Springs Charter Schools - Magnolia Student Center

    Elementary · 1.2 mi away

  • Project Team

    School · 1.4 mi away

  • Gage Middle School

    Secondary · 1.5 mi away

  • Raincross High School

    Secondary · 1.5 mi away

  • Educational Options Center - Eoc

    Elementary · 1.5 mi away

  • Summit View Independent Study

    School · 1.5 mi away

  • Jefferson Elementary School

    Elementary · 1.5 mi away

  • Sierra Middle School

    Secondary · 1.6 mi away

  • California School for the Deaf-Riverside

    School · 1.6 mi away

  • Riverside Christian Middle School

    School · 1.7 mi away

  • Monroe Elementary School

    Elementary · 1.7 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Riverside

Listing Courtesy: NEST REAL ESTATE - 951-479-7553

Presented by: SANDEEP KANDA

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-18 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CRMLS_CRM. MLS® Listing#IV26059215. © 2026EXIT Realty®. All rights reserved.