About the Listing IVDREI - IVBOBIMAN

Prime Residential Zoning Asset: Licensed RCFE Facility & Multi-Family Development Site on 0.83 Acres . RCFE LICENSE RECENTLY APPROVED FOR 27 BEDS. WAIVER GRANTED FOR HOSPICE CARE FOR 8. Unlock maximum development and operational potential with this rare, strategically zoned commercial asset in San Jacinto, which is now considered a Residential Zoning asset and can be easily transformed or continue as a 25-bed RCFE facility due to its licensing history. This investment consists of three separate buildings on two contiguous parcels, totaling 36,154 square feet (0.83 Acres). The property is an ideal acquisition for operators and investors looking for a highly adaptable facility with immense upside. Key Investment & Property Highlights: • Licensing Advantage for 25 Beds: The property holds a history of previous approval for 25 RCFE beds. This makes securing your own RCFE license far easier and faster, as the facility's licensed capacity has already been established and approved. All a new owner needs to do is efficiently submit their application to obtain their own license and commence operations. Please note that a new Conditional Use Permit (CUP) will be required to operate the RCFE under your business name. • Dual Zoning for Flexible Use: The overall site benefits from a powerful combination of RM (Residential Multi-Family) (APN 437-044-001 at 397 E. Main St and 350 S. Alessandro) and DC (Downtown Commercial) (APN 437-044-017 at 377 E. Main St) zoning. This unique mixed district is flexible, allowing for uses such as residential, commercial, and assisted living properties. The property is considered a legal conforming use. • Three Buildings on a Large Lot: The generous 0.83-acre lot and three separate structures (totaling 4,839+ SF) offer unparalleled flexibility for expansion and specialization. You can easily adapt the buildings for different care types, such as Congregate Living or Dementia care. • Condition & Security: The facility is equipped with owned solar panels that are transferable to the new owner , a fire alarm system with fire sprinklers, and a camera security system. The exterior is in average condition, and the interior is in good condition due to recent renovations. This is a deep value play where the property's value is heavily weighted in the secured licensing, exceptional physical layout, and dual-zoning flexibility.

Listing Highlights