305 Line St

Lake Elsinore, CA 92530
  • $489,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,173

    SqFt

About the Listing KWGP01 - KGOODCAR

Prime R3 Zoned Development Opportunity in Lake Elsinore Attention Investors and Developers! Seize this exceptional opportunity to acquire a substantial, Approx 18,000 sq ft R3-zoned lot in the thriving City of Lake Elsinore. This property offers immense potential for multi-unit development, with specific building guidelines available through the City of Lake Elsinore Planning Department. Currently, the property features a main residence generating rental income. Additionally, there are two existing outbuildings, presently utilized for storage, which hold future potential for permitted units or auxiliary structures. At this time the 2 units are not permitted for units, storage only For those envisioning significant development, this expansive parcel provides ample space to demolish the existing structures and construct multiple new units, complete with dedicated garage parking. This offering represents a rare chance to capitalize on a property with tremendous redevelopment potential in a desirable location.

Listing Highlights for 305 Line St

Status Active
Days on Site 48
Property Type Multi-Family
MLS ® IG25164027
Year Built 1962
Total Square Footage 1,173
Lot/Acreage 0.41

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: Living Room
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Zoning: R3
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 374273006
  • Tax Year: N/A

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Questions About..

305 Line St Lake Elsinore, CA 92530

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Originating MLS: CRMLS

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