$1,350,000
For Sale

28750 Pierce Avenue

Lake Elsinore, CA 92530
1803 sqft | 3 beds | 2.5 baths | 4.58 acres | #IV23018787
Listing OfficeCOLDWELL BANKER COMMERCIAL SC
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorGraniteCounters, OpenFloorplan, AllBedroomsDown, BedroomOnMainLevel
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1
  • Property Details
      • ViewDesert, Lake, Meadow, Mountains, Rocks, Valley
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories1
    • Measurements
      • Acres4.58
      • Square Feet1803
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1964
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictLake Elsinore Unified
      • CountyRiverside
  • Financial Details
      • Original List Price$130,000
  • Other
      • MLS #IV23018787

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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