28067 Highway 74
Lake Elsinore, CA 92532

$1,890,000

Description

Amazing property in the path of growth on Highway 74 in Lake Elsinore. According to the City of Lake Elsinore's Planning Department, upon sale the property will convert to C-2 Zoning. Currently, a 3,964 square foot, single story home sits on the back part of the property. The front section of the property (just under 2 acres) has 243 feet of frontage on Highway 74 and is undeveloped, just waiting for the right buyer. If you have driven up Central onto Highway 74, it is clear to see that the path of growth is headed northeast...right towards this incredible opportunity. There are many existing commercial uses for the existing structure, including but not limited to: a child daycare facility, an adult daycare location, an educational facility or executive suites. If you are looking for property that is in the path of growth and is located in Lake Elsinore (which has a great Planning Department that is very helpful) this could be the investment property you have been looking for.

Details

MLS#SW19070734
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1981
Days On Site54

Features

SQ Feet3,964
Story(s)1
ZoningC-2

Market Activity 92532

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Area Information

StateCA
CountyRiverside
CityLake Elsinore
Zip Code92532
AreaSRCAR - Southwest Riverside County
Listing VS Median (in 92532)
Price:
$1,890,000
low | high
Med:
$399,999
100% of Average
SqFt:
3,964
low | high
Med:
2,867
77.674066599395% of Average
$ / SqFt:
$477
low | high
Med:
$140
100% of Average
On Site:
54
low | high
Med:
14
100% of Average
Listing Updated: 05/23/2019
MLS Number: SW19070734
Listing Provided By:
Michael Duffy  of  Coldwell Banker Assoc Brkr-SC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
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