FLAT LOT!!! Possible to build 80 units. Buyer to do own due-diligences. Discover the epitome of commercial real estate potential in the heart of the dynamic Lake Elsinore landscape. This prime low density residential project strategically positioned at the crossroads of Diamond Drive and Campbell Street, is a vast expanse of 2.35 acres, identified by the parcel numbers 363-162-024, 363-162-025, 363-162-039, and 363-162-030.
Potential investors should note that the property''s zoning allows for 64 units and 16 ADUs, but it is essential to verify and confirm these details through personal research and consultation with professionals or city authorities. Seize this opportunity to shape the future of this prime low density property in the thriving Lake Elsinore community. The canvas is vast, the potential is boundless—your vision awaits.
Boasting a strategic location near the 15 Freeway, this property ensures convenient accessibility while maintaining a significant buffer of over 500 feet from health checkpoints. Adding to its allure, the location is in close proximity to the celebrated Lake Elsinore Storm, offering effortless connectivity to South Orange County via the 74 Ortega Highway and San Diego County via the 15 Freeway.
This exceptional opportunity is tailor-made for forward-thinking developers, with a particular focus on the prospect of a residential project. The expansive 2.35-acre canvas opens the door to endless possibilities. Currently situated in a low-density area, the property allows for the construction of 64 units and 16 Accessory Dwelling Units (ADUs), providing a canvas for potential cash flow, affordable housing, or a condominium development.
Prospective buyers are encouraged to conduct their due diligence to unlock the full potential of this remarkable land listing. The property''s versatility and strategic location make it an ideal canvas for a range of developments. Whether envisioning a lucrative cash cow, affordable housing units, or a condominium project, this listing holds the key to realizing your vision.
Potential investors should note that the property''s zoning allows for 64 units and 16 ADUs, but it is essential to verify and confirm these details through personal research and consultation with professionals or city authorities. Seize this opportunity to shape the future of this prime low density property in the thriving Lake Elsinore community. The canvas is vast, the potential is boundless—your vision awaits.
Boasting a strategic location near the 15 Freeway, this property ensures convenient accessibility while maintaining a significant buffer of over 500 feet from health checkpoints. Adding to its allure, the location is in close proximity to the celebrated Lake Elsinore Storm, offering effortless connectivity to South Orange County via the 74 Ortega Highway and San Diego County via the 15 Freeway.
This exceptional opportunity is tailor-made for forward-thinking developers, with a particular focus on the prospect of a residential project. The expansive 2.35-acre canvas opens the door to endless possibilities. Currently situated in a low-density area, the property allows for the construction of 64 units and 16 Accessory Dwelling Units (ADUs), providing a canvas for potential cash flow, affordable housing, or a condominium development.
Prospective buyers are encouraged to conduct their due diligence to unlock the full potential of this remarkable land listing. The property''s versatility and strategic location make it an ideal canvas for a range of developments. Whether envisioning a lucrative cash cow, affordable housing units, or a condominium project, this listing holds the key to realizing your vision.
Property Details
Price:
$1,400,000
MLS #:
AR24164544
Status:
Active
Baths:
0
Address:
0 Diamond Drive 363162024
Type:
Land
Neighborhood:
699notdefined
City:
Lake Elsinore
Listed Date:
Aug 15, 2024
State:
CA
ZIP:
92530
Lot Size:
104,108 sqft / 2.39 acres (approx)
See this Listing
Thank you for visiting my website. I am Leanne Lager. I have been lucky enough to call north county my home for over 22 years now. Living in Carlsbad has allowed me to live the lifestyle of my dreams. I graduated CSUSM with a degree in Communications which has allowed me to utilize my passion for both working with people and real estate. I am motivated by connecting my clients with the lifestyle of their dreams. I joined Turner Real Estate based in beautiful downtown Carlsbad Village and found …
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Schools
Interior
Exterior
Community Features
Suburban
Lot Features
Corner Lot
View
None
Water Source
None
Financial
Association Fee
0.00
Utilities
None
Map
Community
- Address0 Diamond Drive 363162024 Lake Elsinore CA
- Area699 – Not Defined
- CityLake Elsinore
- CountyRiverside
- Zip Code92530
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Courtesy of Titan One Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Leanne include the name of the listing broker. Neither the listing company nor Leanne shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
0 Diamond Drive 363162024
Lake Elsinore, CA
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