Lakeview Avenue
Nuevo/Lakeview, CA 92567
3.82 acres | #DW24220209
Description
Outstanding opportunity for Investors & Builders looking for zoned Residential land! This lot is almost 4 Acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1 with potential to subdivide the vacant lot to build a single family homes community! There was a previously submitted proposal to the Riverside County Planning Department that would subdivide each parcel to approximately 20,000 SF to then build residential housing. The average price for new construction homes in the area are selling at $250/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. Don’t miss this great opportunity!
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Utility SourceSeeRemarks
- MLS #DW24220209
- MLS #DW24220209
- CountyRiverside
- Property TypePurchase
- Original List Price$999,900
- Cost999900
- Acres3.82
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Chris Flores (#DWFLOCHR)
Listing Office: F7 Realty (#DWF7R)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
