Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Zoned for Residential Very High Density allowing 22 - 32 units per acre

EXECUTIVE SUMMARY

±6.55 acres of flat land, Ideal for many multifamily applications
• 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

Price $2,700,574 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
Total Lot Size 6.55 AC
Zoning RVH - RVH (Residential, Very High Density) Zone 22 - 32 Units per acre applied to areas appropriate for apartments, senior housing, and affordable housing

1 LOT AVAILABLE

Lot

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 433-300-033
  • 433-300-032
Land Assessment
$626,423 CAD
Improvements Assessment
$0 CAD
Total Assessment
$626,423 CAD
  • Listing ID: 34569470

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: Vacant Land, San Jacinto, CA 92583

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}