Lake Elsinore, CA 92532 0 Highway 74
$2,700,000
15 more
Presented By: Esther Kaveney with eXp Realty of Greater L.A;
Home Details
Great development opportunity situated in a prime location with promising prospects for both the present and the future. The continuous expansion of Highway 74, coupled with the ongoing development in adjacent cities, positions this property as a strategic investment. Lake Elsinore, a city experiencing a remarkable 30% population growth over the past decade, boasts the second-highest population increase in California. The city is undergoing significant downtown and lake redevelopment projects, adding allure to the area and attracting an even larger population. Additionally, multiple housing projects are currently underway in the vicinity. Highway 74, an intercity route connecting Perris and Lake Elsinore, is witnessing heightened importance. Moreover, the planned California High-Speed Rail passing through Perris to link Corona and San Diego enhances the region's accessibility and potential for growth. This opportunity involves two contiguous parcels, (APN#: 347-110-071, 347-110-074), approximately 4.42 acres, located at a signalized corner of Highway 74 and Riverside Street in Lake Elsinore. This development potential usable land holds C2 zoning, including C1 and C0 classifications. Recommend buyers to check with the County for details.
Presented By: Esther Kaveney with eXp Realty of Greater L.A;
Interior Features for 0 Highway 74
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 0 Highway 74
Additional Parcels Description347110074
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLake Elsinore
Community FeaturesSuburban
CountyRiverside
Days on Market
DirectionsFrom I-15, Exit Central and head east, it becomes Hwy74. Corner of Hwy 74 Crumpton and riverside st.
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Item1031Exchange
Lot Size Square Feet192535.2
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHighway 74
Tax Lot3
ViewMountains
View Y/NYes
Virtual TourClick here
Waterfront Y/NNo
ZoningCommercial
Exterior for 0 Highway 74
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLotOver40000Sqft
Lot Size Acres4.42
Lot Size Area4.42
Lot Size SourcePublicRecords
Lot Size UnitsAcres
Open Parking Y/NNo
SpaNo
Water SourceSeeRemarks
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480