420 N Langstaff ST Pending

Lake Elsinore,CA 92530

$ 159000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID OC24201928

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

Special Listing Condition Standard

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