Thank you
Michael Duffy
Michael Duffy, Broker
951-970-7251
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.
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Total Bedrooms : 3
Total Baths: 3
Full Baths: 2
Half Baths: 1
Water Source : Public
Sewer : Septic Type Unknown
Interior Features: Bedroom on Main Level,Entrance Foyer,Main Level Primary
Fireplace: Family Room
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: Family Room
Has Fireplace: 1
Year Built: 1981
None
Inside
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 2.32
Lot Size Source: Assessor
Lot Size Square Feet: 101059.2
Original List Price: 2,490,000
Listing Contract Date: 2023-11-30
Listing Agreement: Exclusive Right To Sell
Parcel Number: 347110075
Attached Garage: Yes
Lease Term: Negotiable
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
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
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.