New multi-family development opportunity in the heart of Lake Elsinore. This 9000 square-foot corner lot is zoned R-3. This lot includes approved building plans to develop a 4-unit residential apartment building with the option of two added garage apartment ADU’s for additional rental income. Building plans consist of two 2-bedroom/2 bath units and two 1-bedroom/1bath units. A total of six bedrooms and eight bathrooms. Each unit includes open concept floor-plans, in-unit washer/dryer, 9 ft ceilings and private backyards. Great investment opportunity for the builder, investor and developer who wants to invest in one of the fastest growing cities in the country. Centrally located in Riverside County, within close proximity to the 15 freeway, schools, parks, shops, and public transportation. Utilities located at the street. Buyer to perform their own due diligence.
Property Details
Price:
$159,000
MLS #:
OC24201928
Status:
Pending
Baths:
0
Address:
420 N Langstaff Street 374061001
Type:
Land
Neighborhood:
srcarsouthwestriversidecounty
City:
Lake Elsinore
Listed Date:
Sep 27, 2024
State:
CA
ZIP:
92530
Lot Size:
8,712 sqft / 0.20 acres (approx)
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Interior
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Community Features
Biking, Hiking, Lake, Watersports
Lot Features
0-1 Unit/ Acre, Corner Lot
Sewer
Sewer Applied for Permit
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Lake, Mountain(s)
Water Source
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0.00
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Community
- Address420 N Langstaff Street 374061001 Lake Elsinore CA
- AreaSRCAR – Southwest Riverside County
- CityLake Elsinore
- CountyRiverside
- Zip Code92530
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Courtesy of eXp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
420 N Langstaff Street 374061001
Lake Elsinore, CA
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