28750 Pierce Avenue, Lake Elsinore, California 92530

• 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.