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Property Description

• LOCATION: Lake Elsinore – Riverside County, CA
• TOTAL SITE AREA: ±4.58 Acres
• APN: 378-020-018 & 378-020-052
• PURCHASE PRICE: $1,300,000
• PRICE PER SF: $6.51/SF
• ZONING: R1 (Single Family Residential)
• GENERAL PLAN: Low Medium Residential
• Newly renovated 3 bed, 2 bath home
• Large Storage Barn
• Fully Fenced
• Adjacent to incoming development

The subject property consists of two parcels totaling approximately 4.58 acres located on
Pierce St just south of Nichols Rd in the City of Lake Elsinore. The property has relatively flat
topography and is just south and west of two separate proposed industrial development
projects. The site is an approximate 0.5 mile drive to I-15 at Nichols Rd. Furthermore the
property is approximately 70 miles from the Ports of LA and Long Beach.
The property is currently fenced on all sides and contains a newly renovated 3 bedroom, 2
bathroom single family home. Toward the back of the property is a large barn with a small
living quarters/office built above the barn. Buyer to verify all permits for existing structures.
The subject property is zoned Single Family Residential which is intended to accommodate low
density residential projects with +/-7200 SF lots. Ownership has had positive conversations
with the city in regards to a potential rezone. Given the prospective industrial developments
to the east and to the north of this site it is believed that there will be favorable support for an
industrial rezone at this location.

Features
: Central
: Central Air
: Mountain(s), Valley, Lake, Desert, Meadow, Rocks
1
: Inside, Gas Dryer Hookup, Washer Hookup
0
: Biking, Foothills, Hiking, Mountainous, Fishing, Lake
2
3
Additional Information
COLDWELL BANKER COMMERCIAL SC
0
IVWASHERI
IVCBCSC
ERIC
378020018
: Standard
2
Lake Elsinore Unified
One

Single Family Residence For Sale

28750 Pierce Avenue, Lake Elsinore, California 92530

3 Bedrooms
2 Bathrooms (Full)
1,803 Sqft
$1,350,000
Listing ID #IV23018787
Basic Details
Status : Active
DaysOnMarket : 523
Property Type : Single Family Residence
Listing Type : For Sale
Listing ID : IV23018787
Price : $1,350,000
Bedrooms : 3
Bathrooms : 3
Bathrooms (1/2) : 1
Living Area : 1,803 Sqft
Lot Size : 199,504.80 Sqft
Year Built : 1964
Country : US
State : California
County : Riverside
City : Lake Elsinore
Zipcode : 92530
Price Per Square Foot : $749
Bathrooms (Full) : 2
ModificationTimestamp : 2024-08-28 13:41:58
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