Property Listing No Longer Available for Sale

32501 Riverside Drive, Lake Elsinore, CA

Land for Sale - $2,780,000 - 8.27 acres


Property Info

CIMLS#847985
Location
  32501 Riverside Drive
  Lake Elsinore CA 92530
UpdatedJuly 1st, 2016
TypeLand
Price$2,780,000
Land8.27 acres

Property Description

The site fronts on Riverside Drive and is adjacent to Lakeside High School.

The project is 150 units on 8.27 acres and we anticipate approval from the

planning commission in February 2016. The units breakdown is as follows:

32 - 1 bedroom units

104 - 2 bedroom units

14 - 3 bedroom units

Location Description:

Great multi-family location just off the lakefront next door to Lakeside High School built in 2005. Located minutes from intersection of Ortega Highway leading to South Orange County.

Highlights:

>> - 8.27 Acres of Multi-Family land

>> - 150 unit entitlement almost complete

>> - Next door to Lake Side High School

>> - One property off the Lake front.

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%


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