37701 Cottonwood Avenue

  • San Jacinto

  • $999,900
  • Acres


Description & Essential
NINE & ONE-HALF+ (9.55) ACRES (415,998 sq. ft.) FLAT low density residential zoned. Property consists of a 1,503 sq ft, 3 bdm, 2 bath, 1958 rented house w/detached 2 car garage. Currently additional units, out buildings w/horse arena. All rented for additional income. 658' X 633' sq ft. Completely fenced. RL zoning allows new construction of low density of 2-5 units per acre. Possible 36 to 45 units. All utilities are on this prime residential site. Lot sits on North boundary of a single family residential subdivision built in 2007, known as "Parkside Village". This lot is the second parcel from the Southeast corner of Cottonwood Ave. and N. Sanderson Ave. CVS drug store is on the Southwest corner. New commercial being planned for the Northwest corner. Starbucks and Walgreen drug store just 1 block South on W. Esplanade Ave. North Sanderson is a major road from Highway 74 (Florida Ave) and Ramona Expressway & realigned (Hwy 79). San Jacinto City Fire Station #78 West of property. Riverside County Master Plan for the Highway 79 realignment planned within 1/2 mile. New off-ramp to be on Cottonwood. Builder projects surrounding. Commercial and residential (right behind lot) San Jacinto is in the fast growing area of Southwestern Riverside County. Specific plan-G Gateway just to the North of lot off Ramona Expressway. San Jacinto College, Soboba Casino, Ramona Bowl, Diamond & Perris Lake - community assets. Instant rental cash flow for BUILDER/DEVELOPER! OWNER MAY CARRY!
MLS #LG18119985
Lot Square Feet≈ 415,998
Area223 - Hemet/San Jacinto
Sale TypeStandard
Listing BrokerageRE/MAX Evolution
Listing AgentShawn Smithson
Listing Agent BRE #01706033


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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, May 21, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.