28750 Pierce Active

Lake Elsinore,CA 92530

$ 1350000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV23018702

HOA Y/N No

Lot Size 4.580 Acres

Acres 4.58

Property Description

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.
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.

Location

State CA

County Riverside

Area Riv Cty-Lake Elsinore (92530)

Others

Monthly Total Fees $39

Acceptable Financing Conventional,Land Contract

Listing Terms Conventional,Land Contract

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