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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 999,900

Est. payment -/mo

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0 Lakeview AVE Nuevo/lakeview, CA 92567

3.82 Acres Lot

UPDATED:

10/30/2024 05:05 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24220209

HOA Y/N No

Lot Size 3.820 Acres

Property Description

Outstanding opportunity for Investors & Builders looking for zoned Residential land! This lot is almost 4 Acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1 with potential to subdivide the vacant lot to build a single family homes community! There was a previously submitted proposal to the Riverside County Planning Department that would subdivide each parcel to approximately 20,000 SF to then build residential housing. The average price for new construction homes in the area are selling at $250/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. Don’t miss this great opportunity!

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning R-1

Interior

Fireplace No

Exterior

Community Features Street Lights

View Y/N No

View None

Building

Lot Description 2-5 Units/Acre

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 307320010

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry

Special Listing Condition Standard

Listed by Chris Flores • F7 Realty • 562-417-4859

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

0 Lakeview AVE Nuevo/lakeview, CA 92567

Key Details

Location

Interior

Exterior

Building

Others

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0 Lakeview AVE