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Vacant Land - Residential Development Land 6.55 Acres of Residential Land Offered at $2,700,574 CAD in San Jacinto, CA 92583



INVESTMENT HIGHLIGHTS
- Zoned for Residential Very High Density allowing 22 - 32 units per acre
EXECUTIVE SUMMARY
• APN 433-300-032 is approximately ±1.7 acres
• APN 433-300-033 is approximately ±4.84 acres
• Utilities available -Electric along the east property line, water and sewer at the street
• Zoned Residential Very High Density (RVH) 22 - 32 Units Per Acre
• Housing Overlay Zone
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,700,574 CAD | Lot Size | 6.55 AC |
| Price Per AC | $412,301.45 CAD |
| Price | $2,700,574 CAD |
| Price Per AC | $412,301.45 CAD |
| Lot Size | 6.55 AC |
RVH (Residential, Very High Density) Zone. 18 - 22 Units per acre applied to areas appropriate for apartments, senior housing, and housing affordable to lower and moderate income families located near commercial areas Ideal for many multifamily
DESCRIPTION
±6.55 acres of flat land, Ideal for many multifamily applications. The property consist of two parcels, APN 433-300-032 which is approximately ±1.7 acres and APN 433-300-033 which is approximately ±4.84 acres. There are utilities available -Electric along the east property line, water and sewer at the street. The property is zoned Residential Very High Density (RVH) which allows for 22 - 32 units Per Acre. The property is located along State Street just north of Ramona Expressway across from Mt. San Jacinto College. The property is within walking distance to the Stater Brothers shopping center, close to banks, restaurants, Dollar Tree and pharmacy. RVH (Residential, Very High Density) Zone. The RVH zone is applied to areas appropriate for apartments, senior housing, and housing affordable to lower and moderate income families located near commercial areas and public services. The RVH zone may also allow limited neighborhood serving commercial uses on small appropriately located individual parcels or in small pedestrian-oriented neighborhood centers, public facilities, accessory structures and uses, and other uses that are compatible with high density neighborhoods. This zone allows a density ranging from 22 to 32.0 dwelling units per gross acre. The RVH zone is consistent with the Very High Density Residential (VHDR) land use designation of the General Plan. SAN JACINTO DEVELOPMENT CODE, TITLE 17 DECEMBER 2022 PAGE 2-26
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $626,423 CAD | Total Assessment | $626,423 CAD |
PROPERTY TAXES
Presented by
Vacant Land - Residential Development Land
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