• 28067 Highway 74 Lake Elsinore, CA 92532

  • $2,490,000
  • 3
    Bed(s)
  • 2
    Baths
  • 3,964
    Sq Ft
  • 101059.2
    Sqft
  • Listed By: Michael Duffy, Michael Duffy, Broker, DRE #01139560
  • Source: CRMLS

Amazing opportunity in the path of growth on Highway 74 in Lake Elsinore. According to the City of Lake Elsinore's Planning Department, upon sale the property will convert to C-2 Zoning. Currently, a 3,964 square foot, single-story home sits on the back section of the property. The front section of the property is just under 2 acres and has 243 feet of frontage on Highway 74. If you have driven up Central onto Highway 74, it is clear to see that the path of growth is headed northeast...right towards this incredible opportunity. There are many existing commercial uses for the existing structure, including but not limited to: a child daycare facility, an adult daycare location, an educational facility or executive suites. If you are looking for property that is in the path of growth and is located in Lake Elsinore this could be the investment property you have been looking for.

Property Type :

Residential

County :

Riverside

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 3

Full Baths: 2

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Septic Type Unknown

Interior Features

Interior Features: Bedroom on Main Level,Entrance Foyer,Main Level Primary

Fireplace: Family Room

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: Family Room

Has Fireplace: 1

Building Information

Year Built: 1981

Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 2.32

Lot Size Source: Assessor

Lot Size Square Feet: 101059.2

Listing Price Information

Original List Price: 2,490,000

Listing Contract Date: 2023-11-30

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 347110075

Garage and Parking

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: SRCAR - Southwest Riverside County

Directions: Exit I-15 Freeway at Central Avenue, head East for 2 miles. Turn left at Crumpton.

Zoning: C2

Source Property Type: Residential

Area: SRCAR - Southwest Riverside County

Property SubType: Single Family Residence

Building and Construction

Property Age: 43

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 3964

Entry Level: 1

Entry Location: 1

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Starina Street, Lake Elsinore, CA,92532 $1,600,000 -- -- -- 1209661.2 Sqft
Green Mountain Drive, Lake Elsinore, CA,92532 $225,000 -- -- -- 207345.6 Sqft
31360 Riverside Dr., Lake Elsinore, CA,92532 $3,400,000 -- -- -- 789742.8 Sqft
Mermack Ave, Lake Elsinore, CA,92532 $1,300,500 -- -- -- --
Stonehouse, Lake Elsinore, CA,92532 $140,000 -- -- -- 13939 Sqft
13 Washburn Road, Lake Elsinore, CA,92532 $138,000 -- -- -- 398574 Sqft
34154 Hillside Drive, Lake Elsinore, CA,92532 $684,777 5 3 3,102 7405 Sqft
Rostrata Avenue, Lake Elsinore, CA,92532 $499,999 -- -- -- 85813 Sqft
Teretricornis Ave., Lake Elsinore, CA,92532 $995,000 -- -- -- 392040 Sqft
2 Lindell Road, Lake Elsinore, CA,92532 $162,000 -- -- -- 1312463 Sqft

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ByOwner last updated this listing 05/11/2024 @ 05:03

MLS: SW23220009
LISTED BY: Michael Duffy, Michael Duffy, Broker
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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