LOCATION: Lake Elsinore - Riverside County, CA TOTAL SITE AREA: ±4.58 Acres APN: 378-020-018 & 378-020-052 PURCHASE PRICE: $1,300,000 PRICE PER SF: $6.51/SF ZONING: R1 (Single Family Residential) GENERAL PLAN: Low Medium Residential Newly renovated 3 bed, 2 bath home Large Storage Barn Fully Fenced Adjacent to incoming development The subject property consists of two parcels totaling approximately 4.58 acres located on Pierce St just south of Nichols Rd in the City of Lake Elsinore. The property has relatively flat topography and is just south and west of two separate proposed industrial development projects. The site is an approximate 0.5 mile drive to I-15 at Nichols Rd. Furthermore the property is approximately 70 miles from the Ports of LA and Long Beach. The property is currently fenced on all sides and contains a newly renovated 3 bedroom, 2 bathroom single family home. Toward the back of the property is a large barn with a small living quarters/office built above the barn. Buyer to verify all permits for existing structures. The subject property is zoned Single Family Residential which is intended to accommodate low density residential projects with +/-7200 SF lots. Ownership has had positive conversations with the city in regards to a potential rezone. Given the prospective industrial developments to the east and to the north of this site it is believed that there will be favorable support for an industrial rezone at this location.
MLS # | IV23018787 |
---|---|
Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 871 |
Listing Provided By | COLDWELL BANKER COMMERCIAL SC | ERIC WASHLE |
Bed(s) | 3 |
---|---|
Bath(s) | 3 Total |
SQ Feet | 1,803 |
Garage | 2 |
Story(s) | 1 |
Units | 1 |
Zoning | R1 |
Acreage | 4.58 |
Property View | Yes |
Cooling | Central Air |
---|---|
Heating | Central |
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Interior Features | Granite Counters, Open Floorplan, All Bedrooms Down, Bedroom On Main Level |
Appliances | Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave |
Fireplace Yes / No | Yes |
Lot Features | Two To Five Units Acre |
---|
Attached Garage Yes / No | Yes |
---|---|
Garage Yes / No | Yes |
Sewer | Public Sewer |
---|
Community Features | Biking, Foothills, Fishing, Hiking, Lake, Mountainous |
---|
State | CA |
---|---|
County | Riverside |
City | Lake Elsinore |
Zip Code | 92530 |
Area | SRCAR Southwest Riverside County |
School District | Lake Elsinore Unified |
Listing VS Median (in 92530) | |
Price: $1,350,000 low | high Med: $585,000 SqFt: 1,803 low | high Med: 2,275 $ / SqFt: $749 low | high Med: $257 On site: 871 low | high Med: 46.000000 |