New multi-family development opportunity in the heart of Lake Elsinore. This 9000 square-foot corner lot is zoned R-3. This lot includes approved building plans to develop a 4-unit residential apartment building with the option of two added garage apartment ADU’s for additional rental income. Building plans consist of two 2-bedroom/2 bath units and two 1-bedroom/1bath units. A total of six bedrooms and eight bathrooms. Each unit includes open concept floor-plans, in-unit washer/dryer, 9 ft ceilings and private backyards. Great investment opportunity for the builder, investor and developer who wants to invest in one of the fastest growing cities in the country. Centrally located in Riverside County, within close proximity to the 15 freeway, schools, parks, shops, and public transportation. Utilities located at the street. Buyer to perform their own due diligence.
Sold for $147,000 on 11/22/24
Listing Provided by:
Alton Jones DRE #01443050 562-900-0822,
eXp Realty of California Inc
$147,000
420 N Langstaff St #20, Lake Elsinore, CA 92530
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,709 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 10, 2024 at 09:25am
Listing Provided by:
Alton Jones DRE #01443050 562-900-0822,
eXp Realty of California Inc
Bought with:
Alton Jones, DRE #01443050
eXp Realty of California Inc
Source: CRMLS,MLS#: OC24201928
Originating MLS: California Regional MLS

Facts & features
Property
Features
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 8,712 sqft
- Features: 0-1 Unit/Acre, Corner Lot
Details
- Parcel number: 374061001
- Zoning: R2
- Special conditions: Standard
Utilities & green energy
- Sewer: Sewer Applied for Permit
- Water: See Remarks
- Utilities for property: See Remarks
Community & neighborhood
Community
- Community features: Biking, Hiking, Lake, Water Sports
Location
- Region: Lake Elsinore
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
- Road surface type: Paved, Unimproved