Active

0 Riverside Drive

Lake Elsinore CA, 92530

$9,750,000


$16.87 per sqft

Active

13.27 Acres

Land

Listed by Grisel Stefani with Rancon Real Estate 951-696-0600

Lake Pointe Apartments - Prime Entitle Multi-Family site, next door to Lake Side High School and near the Launch Pointe Recreation Center and Boat Launch . Centrally located with easy access to Interstate 15.
The entitle multi-family project consist of a gated complex with 260 units (Phase 1 "152 unit" and Phase 2 "108 units"). Residents will enjoy the Clubhouse, cabanas, fireplace, leasing office, conference room, multipurpose room, kitchen, pool, outdoor BBQ pavilions with shade structures, patio trellises and sitting benches, splash pad, tot-lot with playground equipment. Great opportunity for development with the Demand for apartments in the Inland Empire being ramped back.

SW24082403

MLS ID

May 1, 2024

Listed

May 25, 2024

Updated

Map

0 Riverside Drive
Lake Elsinore CA, 92530

Exterior/Building Features

Lot Size

13.27 Acres


Lot Features

11-15 Units/Acre, Level


Sewer

Public Sewer

Other Property Details

Area Name

SRCAR - Southwest Riverside County


Days on Market

8


Garage

No


View

Yes


View Description

City Lights, Lake, Neighborhood


County

Riverside


Water Source

Public


Pool

No


Lakefront

Yes


Zoning

C-R


Buyer Agency Compensation

2%

Listing Contact: 951-696-0600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 5/25/2024 at 2:13 AM UTC

 

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