0 Highway 74

Perris, CA 92570

$2,700,000
Price
192,535 / 4.42
Lot Size / Acres

Description

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...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.
  1. Listed by Esther Kaveney • DRE #01969767 • eXp Realty of Greater L.A

Property Details for 0 Highway 74

Zoning
Commercial
Area
Southwest Riverside County
Lot Size Area
192535
Source Lot Size Area
404
Home owner Dues
$0
Assessor Parcel Number
347-110-071
Directions
From I-15,Exit Central and head east, it becomes Hwy74. Corner of Hwy 74 Crumpton and riverside st.

Location

Listing Courtesy of eXp Realty of Greater L.A, Esther Kaveney, DRE #01969767
Add your commute
LISTING UPDATED: 01/09/2024 06:56 PM

Property Details for 0 Highway 74

StatusActive
MLS #DW24004981MR
Days on Market115
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size4.42 AC
CountyRiverside County

Location

Listing Courtesy of eXp Realty of Greater L.A, Esther Kaveney, DRE #01969767
Add your commute

Virtual Tour

Building Information for 0 Highway 74

Lot Size4.42 AC

Payment Calculator

$14,735 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Highway 74

Community / Development
Community / Development
  • Community Features: Suburban
Structure Info
Structure Info
  • View: Yes
  • Guest House: None
  • Water: See Remarks
  • Sewer: Unknown
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 4.0
  • Distance To Water: riverside
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
Exterior Features
Exterior Features
  • Pool: No
  • Fence: None
Lease Terms
Lease Terms
  • Listing Terms: Cash, Exchange/Trade

Property History for 0 Highway 74

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Highway 74

This home is within Perris Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Good Hope Elementary School
PublicK to 6

Pinacate Middle School
Public7 to 8

Perris High School
Public9 to 12

California Military Institute
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Highway 74 is a 4.42 ac of land for sale in Perris, CA 92570. This property was listed for sale on January 9, 2024 by eXp Realty of Greater L.A, it's currently listed at $2,700,000. It has been on the market for a total of 115 days and was last sold on August 29, 2023. This listing's school districts are Perris Elementary School District, Perris Union High School District. Nearby schools include Good Hope Elementary School, Pinacate Middle School and Perris High School. 0 Highway 74 is a 0-bed, 0-bath, 4.42 ac of land on a 192,535 sq. ft. / 4.42 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of Greater L.A, Esther Kaveney, DRE #01969767

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.