Skip To Content

0 Highway 74

Lake Elsinore, CA 92532
  • $2,700,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: DW24004981
UPDATED: 116 min ago
$2,700,000
  • 0
    BEDS
  • 4.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Esther Kaveney of eXp Realty of Greater L.A (888-652-1314)


Description

Great development opportunity situated in a prime location with promising prospects for both the present and the future. The continuous expansion of Highway 74, coupled with the ongoing development in adjacent cities, positions this property as a strategic investment. Lake Elsinore, a city experiencing a remarkable 30% population growth over the past decade, boasts the second-highest population increase in California. The city is undergoing significant downtown and lake redevelopment projects, adding allure to the area and attracting an even larger population. Additionally, multiple housing projects are currently underway in the vicinity. Highway 74, an intercity route connecting Perris and Lake Elsinore, is witnessing heightened importance. Moreover, the planned California High-Speed Rail passing through Perris to link Corona and San Diego enhances the region's accessibility and potential for growth. This opportunity involves two contiguous parcels, (APN#: 347-110-071, 347-110-074), approximately 4.42 acres, located at a signalized corner of Highway 74 and Riverside Street in Lake Elsinore. This development potential usable land holds C2 zoning, including C1 and C0 classifications. Recommend buyers to check with the County for details.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T00:29:02.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Concierge Real Estate Services, Inc.. Licensed in the State of California, USA.
www.findyosemiteareahomes.com/homes/146514145
Print Image

0 Highway 74 Lake Elsinore, CA 92532

  • Price: $2,700,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 116 min ago
  • ID#: DW24004981
0
Beds
0
Baths
0
½ Baths
4.42
Acres
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Great development opportunity situated in a prime location with promising prospects for both the present and the future. The continuous expansion of Highway 74, coupled with the ongoing development in adjacent cities, positions this property as a strategic investment. Lake Elsinore, a city experiencing a remarkable 30% population growth over the past decade, boasts the second-highest population increase in California. The city is undergoing significant downtown and lake redevelopment projects, adding allure to the area and attracting an even larger population. Additionally, multiple housing projects are currently underway in the vicinity. Highway 74, an intercity route connecting Perris and Lake Elsinore, is witnessing heightened importance. Moreover, the planned California High-Speed Rail passing through Perris to link Corona and San Diego enhances the region's accessibility and potential for growth. This opportunity involves two contiguous parcels, (APN#: 347-110-071, 347-110-074), approximately 4.42 acres, located at a signalized corner of Highway 74 and Riverside Street in Lake Elsinore. This development potential usable land holds C2 zoning, including C1 and C0 classifications. Recommend buyers to check with the County for details.
Exterior Features

Fencing None Lot Features Lot Over 40000 Sqft View Mountain(s) View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 Exchange New Construction YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Water Source See Remarks Zoning Commercial



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T00:29:02.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Concierge Real Estate Services, Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372281308-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372281308-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372281308-2.jpg
Logo
Concierge Real Estate Services, Inc.
4989 California 140
Mariposa CA, 95338
Listing Agent(s): Esther Kaveney of eXp Realty of Greater L.A (888-652-1314)