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  • About
    • Cindy and Crissi
    • Preferred Lenders
  • Events
    • Past Events
  • Featured Listings
    • 4118 4th Ave
    • 30975 Via Norte Temecula
    • 325 E Hospitality Ln – Golden Corral
    • 32281 Riverside Dr – Vacant Land For Sale
    • 4326 Alonzo Ave – New Listing
    • 226 Winchester
  • Blog
  • General Home Valuation
  • Contact
  • Mortgage Calculator
  • Properties
  • TIC Conversion
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32281 Riverside Dr - Vacant Land For Sale

32281 Riverside Dr - Vacant Land

32281 Riverside Dr - surrounding neighborhood
32281 Riverside Dr -  ariel view

 

4.95 acres | Zone RMU | 395 feet frontage

List Price $1,890,000

Fantastic development and investor opportunity! 4.95 acres for residential/commercial developers. The property is in the Downtown/Northern Part of Lake Elsinore, north of the lake and the Marina Boat Launch. Prime location and a high traffic count, with 395 feet frontage on heavily traveled HWY 74. Located just down the street from Lake Elsinore high school and on HWY 74/Riverside Drive and across the street from Lake Elsinore State Park Recreation Park, with views of the lake. RMU residential mixed use district, which accommodates primarily medium to high density residential mixed-use developments, with limited commercial, institution, office, and service uses compatible with the street environment and adjacent to residential areas. There is an expired tentative map for a formerly planned RiverLake Villas project, consisting of 51 detached condos ranging from approximately 1300 to 1600 SF, However, favorable zone changes would now allow development in excess of 100 multifamily condominium or apartment units, or a mixed-use project with retail facing the street or commercial space below with units above. Don't miss this opportunity in the exciting and growing community of Lake Elsinore!

CALL or TEXT me at 323-657-4866 to get more information 

Click on the following link to 

  • Download the expired tentative plan
  • More information about RMU
  • Offering Memorandum 

Click here for more information about this home

 

 

Location

the collective
8278 1/2 Santa Monica BlvdWest Hollywood
CA 90046
(310) 569-1335
anthony@thecollectiverealty.com

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Cindy Lee Real Estate
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