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420 N Ramona Blvd - 74-Bed RCFE Project 1.33 Acres of Residential Land Offered at $885,911 CAD in San Jacinto, CA 92583

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Investment Highlights

Proposed 74-Bed Residential Care Facility for the Elderly (RCFE) Project
WQMP, Lot Line Merger, SPDR Fees Paid

CUP In Process with the City - 3rd Round of Submittal

Executive Summary

The offering consists of a prime 1.33-acre (±57,935 SF) development parcel located in San Jacinto. The site is zoned Medium-High Density Residential and is in process of obtaining a Conditional Use Permit (CUP) for a proposed 74-bed Residential Care Facility for the Elderly (RCFE). Significant entitlement progress has been made, reducing upfront soft-cost exposure for the next developer. This is an excellent opportunity for assisted living developers and senior housing investors seeking a partially advanced entitlement project in Riverside County’s growing senior market. Please reach out to our team with any questions regarding this opportunity.

OM - RCFE Project - San Jacinto

Property Facts

Price	$885,911 CAD	Proposed Use	Apartment Units - Senior Healthcare Hold For Development Medical
Sale Type	Investment or Owner User	Total Lot Size	1.33 AC
No. Lots	1	Cross Streets	Tiger Ln
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Residential
Zoning	Medium-High Density Resi - The site has zoning and land use consist with Medium-High Density Residential

Price	$885,911 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units - Senior Healthcare Hold For Development Medical
Total Lot Size	1.33 AC
Cross Streets	Tiger Ln
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Medium-High Density Resi - The site has zoning and land use consist with Medium-High Density Residential