Diamond, Property Listing: MLS® #AR24164544

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 boundlessyour 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), providin

Diamond, Property Listing: MLS® #AR24164544 Close
Page Summary
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  • MLS® #: AR24164544
  • Diamond
  • , CA 92530
  • $1,400,000
  • 104108 SqFt, 2.39 Acres
  • Office: Titan One Real Estate

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 boundlessyour 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), providin

Supplemental Remarks

Essential Information

  • MLS® #AR24164544
  • Listing Price$1,400,000
  • Original Listing Price$1,400,000
  • List Price per Square Foot$13.45
  • Date ListedAugust 15th, 2024
  • Square Footage104,108
  • Acres2.39
  • Lot Sq.Ft.104,108
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • AddressDiamond
  • AreaRIV CTY-LAKE ELSINORE (92530)
  • CountyRiverside
  • StateCA
  • Zip Code92530

Amenities

  • UtilitiesN/K

Exterior

  • Lot DescriptionCorner Lot
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Listing information last updated on November 27th, 2024 at 1:38pm PST.