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Listed by Ed Farnaghi • Coldwell Banker Realty
$ 850,000
Est. payment | /mo
1,344 SqFt
$ 850,000
Est. payment | /mo
1,344 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $632
MLS Listing ID CROC25035033
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1982
Lot Size 0.800 Acres
Property Sub-Type Mixed Use
Property Description
Great development and investor opportunity. A prime location surrounded by ongoing multi family, medical offices and shopping center projects. Located in the heart of Golden Triangle, between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. There is an existing home on the subject site which is a tenant occupied with a total monthly rent of $1,600. "VALUE IS IN LAND" properties being sold "AS IS". This is a cornet lot property and is currently zoned mixed use / office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
Location
State CA
County Riverside
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Well
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