$549,900
For Sale

Lakeview Avenue

Nuevo/Lakeview, CA 92567
Courtesy of First Family Homes
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Description

PRICE REDUCED - SELLER WILLING TO CARRY! INVESTORS & BUILDERS, looking for a project to build and profit, look no further. This lot has a Tentative Tract Map (NOT APPROVED YET) for an 8 lot subdivision. It has almost 4 acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1. The proposed plan would subdivide each parcel to approximately 20,000 SF to then built residential housing (PLEASE SEE SUPPLEMENTS SECTION FOR ENGINEERING ESTIMATE). The average price for new construction homes in the area are selling at $186/PSF or $390K; TIMES that by 8,to equal your gross potential market value. Don’t miss this great opportunity!
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  • Property Details
    • Property
      • Lot description:LotOver40000Sqft
    • Measurements
      • Acres:3.82
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:SeeRemarks
  • Community and Neighborhood Details
    • Location
      • County:Riverside
  • Financial Details
    • Pricing Details
      • Original list_price:$599, 000
      • Selling office_commission:3.500
  • Other
    • Source
      • MLS #:DW20024910

Location

Lynn O'NeilReal Estate Group
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