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!
|Lot Square Feet||≈ 415,998|
|Area||223 - Hemet/San Jacinto|
|Listing Brokerage||RE/MAX Evolution|
|Listing Agent||Shawn Smithson|
|Listing Agent BRE #||01706033|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, May 21, 2018.
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