Description

NINE & ONE-HALF+ (9.55) FLAT ACRES (415,998 sq. ft.) in growing SAN JACINTO, Southwestern Riverside County, Ca. Property consists of a currently RENTED 1,503 sq. ft. home. 3 bedroom, 2 baths with a 2 car garage. Additional units, out buildings and horse arenas are separate RENTALS produce additional income. Parcel is 658' X 633' sq. ft. Completely fenced and cross fenced. Zoning is low density residential. RL zoning allows new construction of low density of 2-5 units per acre. POSSIBLE TO BUILD 36 to 45 UNITS. Utilities on site. Lot sits on N. boundary of a SFR subdivision built in 2007, known as "Parkside Village". This parcel is the second lot from the SE corner of Cottonwood and N. Sanderson. Plans underway for a gas station, small center and apartments on Westerly boundary of subject. CVS drug store is on the SW corner. New commercial currently planned for the NW corner. Starbucks and Walgreen drug store 1 block South on W. Esplanade. N. Sanderson is a major road from Highway 74 (Florida Ave) and Ramona Expressway & realigned (Hwy 79). San Jacinto City Fire Station #78 West of property. Riverside County Master Plan for the Highway 79 realignment planned within 1/2 mile. New off-ramp to be on Cottonwood. Commercial and residential (right behind lot) San Jacinto is in the fast growing area of Southwestern Riverside County. Specific plan-G Gateway just to the North of lot off Ramona Expressway. San Jacinto College, Soboba Casino, Ramona Bowl, Diamond & Perris Lake - community assets. OWNER MAY CARRY INCOME OPPORTUNITY! Instant RENTAL CASH FLOW initially while your project

Features

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• 9.55 Acres