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Additional details
$ 15,000,000
Est. payment /mo
Active
28170 Jefferson Temecula, CA 92590
3.58 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26018960
Lot Size 3.580 Acres
Property Sub-Type Lots/Land
Property Description
Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of Californias high growth mid-level markets to meet the demands of young professionals rising up quickly in the rental market. Targeting large scale developers ready to build as the rates are decreasing! . Located in Temecula Wine Country in the SP-14 Uptown Specific Plans Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms. Area is endowed with Steady population growth, accelerated income with a large percentage of population aging-up to the rental market. All entitlements secured after a highly lengthy process Positioned for strong absorption post 2026 Flat topography Excellent Frontage and Close to famed Old Town Temecula
Location
State CA
County Riverside
Direction Jefferson between Del Rio and Rancho California Rd.
Interior
Fireplace No
Exterior
View Y/N No
Present Use Unimproved
Others
Senior Community No
Tax ID 921060058
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Chris Lee, DRE#02107257 Pacific Sotheby's Int'l Realty
NEARBY SCHOOL & BUSINESS
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