Active

28750 Pierce Avenue

Lake Elsinore CA, 92530

$1,350,000


$748.75 per sqft

Active

3 Beds

3 Baths

1,803 sqft

Residential

Built in 1964

Listed by ERIC WASHLE with COLDWELL BANKER COMMERCIAL SC 714-323-3862

* 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.

IV23018787

MLS ID

February 2, 2023

Listed

December 5, 2024

Updated

Map

28750 Pierce Avenue
Lake Elsinore CA, 92530

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Interior Features

Granite Counters, Open Floorplan, All Bedrooms Down, Bedroom on Main Level


Appliances

Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave


Laundry Description

Washer Hookup, Gas Dryer Hookup, Inside


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

4.58 Acres


Lot Features

2-5 Units/Acre


Sewer

Public Sewer

School Information

School District

Lake Elsinore Unified

Other Property Details

Area Name

SRCAR - Southwest Riverside County


Days on Market

622


Garage

Yes


Garage Spaces

2


Parking Total

2


View

Yes


View Description

Desert, Lake, Meadow, Mountain(s), Rocks, Valley


County

Riverside


Water Source

Public


Pool

No


Pool Features

None


Lakefront

Yes


Zoning

R1

Listing History

Date

Event

Price

3/27/2024

Price change

$1,350,000

3%

3/26/2024

Active

2/8/2024

Pending

2/7/2024

Pending

Listing Contact: 951-200-7683 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 8:42 PM UTC

 

Powered byLuxury Presence