$147,000
$159,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
420 N Langstaff ST Lake Elsinore, CA 92530
8,712 Sqft Lot
Key Details
Sold Price $147,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24201928
Sold Date 11/22/24
HOA Y/N No
Lot Size 8,712 Sqft
Property Description
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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R2
Interior
Fireplace No
Exterior
Community Features Biking, Hiking, Lake, Water Sports
Utilities Available See Remarks
Waterfront Description Lake
View Y/N Yes
View Lake, Mountain(s)
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Sewer Sewer Applied for Permit
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 374061001
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Alton Jones • eXp Realty of California Inc
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