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0 Park Avenue

Perris, CA 92570
  • $479,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: EV22073568
UPDATED: 108 min ago
$479,000
  • 0
    BEDS
  • 5.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Nathan Diones of Regioncy Real Estate (800-793-4249)


Description

Housing development opportunity with this 5.11 acre parcel. Current zoning of R-10,000 allows up to 4 homes per acre. After street infrastructure and green space, it's possible to build 14-15 homes. The opportunity sits directly across the street from Perris Elementary School and less than 2 miles to the 215 Freeway. Utilities are located in the street but not paid for or connected at this time. I've heard of similar developments being granted up to 30 Units per acre if a developer is willing to set aside 20% of the unit for affordable housing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T00:30:37.253. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/127771425
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0 Park Avenue Perris, CA 92570

  • Price: $479,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 108 min ago
  • ID#: EV22073568
0
Beds
0
Baths
0
½ Baths
5.11
Acres
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Housing development opportunity with this 5.11 acre parcel. Current zoning of R-10,000 allows up to 4 homes per acre. After street infrastructure and green space, it's possible to build 14-15 homes. The opportunity sits directly across the street from Perris Elementary School and less than 2 miles to the 215 Freeway. Utilities are located in the street but not paid for or connected at this time. I've heard of similar developments being granted up to 30 Units per acre if a developer is willing to set aside 20% of the unit for affordable housing.
Exterior Features

Lot Features 26-30 Units/AcreFlag LotRolling SlopeStreet Level View HillsNeighborhood View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features RuralValley Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanConventional1031 ExchangeOwner Will CarryOwner May CarryPrivate Financing AvailableSubordinateTrade New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning R-10000



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T00:30:37.253. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Nathan Diones of Regioncy Real Estate (800-793-4249)