305 Line St

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.

This home located at 305 Line ST is currently active and has been available on pardeeproperties.com for 26 days. This property is listed at $489,000. It has 4 beds and 2 bathrooms. The property was built in 1962. 305 Line ST is in the Southwest Riverside County community of Riverside County.

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