305 Line ST, Lake Elsinore, CA 92530 - MLS#CRIG25164027

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Carol Goode • Grand Homes Real Estate

$ 489,000

Est. payment | -/mo

0.41 Acres Lot

Save

$ 489,000

Est. payment | -/mo

Save

0.41 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRIG25164027

Year Built 1962

Lot Size 0.410 Acres

Property Sub-Type Triplex

Source California Regional MLS

Property Description

Prime R3 Zoned Development Opportunity in Lake Elsinore Attention Investors and Developers! Seize this exceptional opportunity to acquire a substantial, Approx 18,000 sq ft R3-zoned lot in the thriving City of Lake Elsinore. This property offers immense potential for multi-unit development, with specific building guidelines available through the City of Lake Elsinore Planning Department. Currently, the property features a main residence generating rental income. Additionally, there are two existing outbuildings, presently utilized for storage, which hold future potential for permitted units or auxiliary structures. At this time the 2 units are not permitted for units, storage only For those envisioning significant development, this expansive parcel provides ample space to demolish the existing structures and construct multiple new units, complete with dedicated garage parking. This offering represents a rare chance to capitalize on a property with tremendous redevelopment potential in a desirable location.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Laundry Other

Exterior

Garage Spaces 1.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 374273006

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 9

8

Tuscany Hills Elementary School

Public | KG - 5
5

Earl Warren Elementary School

Public | KG - 5
4

Railroad Canyon Elementary School

Public | KG - 5
1

Elsinore Elementary School

Public | KG - 5
1

Lakeland Village

Public | KG - 8
0

Kids Cottage

Private | PK - KG
0

Lakeland Children's Center

Private | PK - KG
0

Southern California Online Academy

Public | KG - 12
0

Faith Baptist Academy

Private | KG - 12

Middle Schools 1

3

Elsinore Middle School

Public | 6 - 8

High Schools 3

6

Temescal Canyon High School

Public | 9 - 12
1

Keith Mccarthy Academy

Public | 9 - 12
0

Ortega High School

Public | 9 - 12

School and business data provided by Attom Data.

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

305 Line ST Lake Elsinore, CA 92530