0 Diamond Drive

Lake Elsinore, CA 92530

$1,400,000
Price
104,108 / 2.39
Lot Size / Acres
a view of a dry yard with wooden fence
a view of open space with mountain in the background
a view of a big yard with an buildings in the background
a view of lake with mountain
a bird view of a house
an aerial view of a city
a view of a dry yard with lots of trees
a lush green forest with lots of trees
a view of water heater

Description

Flat lot! Possible to build 80 units. Buyer to do own due-diligences. Discover the epitome of commercial real estate potential in the heart of the dynamic Lake Elsinore landscape. This prime low density residential project strategically positioned at the crossroads of Diamond Drive and Campbell Street, is a vast expanse of 2.35 acres, identified by the parcel numbers 363-162-024, 363-162-025, 363-162-039, and 363-162-030. Potential investors should note that the property's zoning allows for 64 units...Flat lot! Possible to build 80 units. Buyer to do own due-diligences. Discover the epitome of commercial real estate potential in the heart of the dynamic Lake Elsinore landscape. This prime low density residential project strategically positioned at the crossroads of Diamond Drive and Campbell Street, is a vast expanse of 2.35 acres, identified by the parcel numbers 363-162-024, 363-162-025, 363-162-039, and 363-162-030. Potential investors should note that the property's zoning allows for 64 units and 16 ADUs, but it is essential to verify and confirm these details through personal research and consultation with professionals or city authorities. Seize this opportunity to shape the future of this prime low density property in the thriving Lake Elsinore community. The canvas is vast, the potential is boundless—your vision awaits. Boasting a strategic location near the 15 Freeway, this property ensures convenient accessibility while maintaining a significant buffer of over 500 feet from health checkpoints. Adding to its allure, the location is in close proximity to the celebrated Lake Elsinore Storm, offering effortless connectivity to South Orange County via the 74 Ortega Highway and San Diego County via the 15 Freeway. This exceptional opportunity is tailor-made for forward-thinking developers, with a particular focus on the prospect of a residential project. The expansive 2.35-acre canvas opens the door to endless possibilities. Currently situated in a low-density area, the property allows for the construction of 64 units and 16 Accessory Dwelling Units (ADUs), providing a canvas for potential cash flow, affordable housing, or a condominium development. Prospective buyers are encouraged to conduct their due diligence to unlock the full potential of this remarkable land listing. The property's versatility and strategic location make it an ideal canvas for a range of developments. Whether envisioning a lucrative cash cow, affordable housing units, or a condominium project, this listing holds the key to realizing your vision.
  1. Listed by Phyllis Cheng • DRE #01526442 • Brokerage DRE #02105198 • Titan One Real Estate • 626-348-9755

Property Details for 0 Diamond Drive

View
None
Lot Size Source
Assessor
Assessor Parcel Number
363-162-024
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00
LISTING UPDATED: 08/15/2024 02:59 AM

Property Details for 0 Diamond Drive

StatusActive
MLS #AR24164544
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size2.39 AC
CountyRiverside County

Building Information for 0 Diamond Drive

Lot Size2.39 AC

Property Information for 0 Diamond Drive

Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Exterior Features
  • View Description: None
Distance To
  • Distance To Water: 100'
Land/Lot Info
  • Sign on Property: Yes
  • Additional Parcels Description: 363162025,363162039,363162030
  • Lot Features: Corner Lot
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: None
  • Utilities: None
  • Electric: None
  • Water Source: None
Parking Info
  • Carport Spaces: 0

Property History for 0 Diamond Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Diamond Drive

This home is within Lake Elsinore Unified School District.
Rating
School
Type
Grades
Distance
Railroad Canyon Elementary School
Public - K to 5
Elsinore Middle School
Public - 6 to 8
Elsinore High School
Public - 9 to 12
Keith Mccarthy Academy
Public - K to 12
Rating
School
Distance
Railroad Canyon Elementary School
PublicK to 5

Elsinore Middle School
Public6 to 8

Elsinore High School
Public9 to 12

Keith Mccarthy Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Diamond Drive, Lake Elsinore, CA 92530

0 Diamond Drive is a 2.39 ac of land for sale in Lake Elsinore, CA 92530. This property was listed for sale on August 15, 2024 by Titan One Real Estate, it's currently listed at $1,400,000. It has been on the market for a total of 93 days and was last sold on June 27, 2011. This listing's school district is Lake Elsinore Unified School District. Nearby schools include Railroad Canyon Elementary School, Elsinore Middle School and Elsinore High School. 0 Diamond Drive is a 0-bed, 0-bath, 2.39 ac of land on a 104,108 sq. ft. / 2.39 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Titan One Real Estate, Phyllis Cheng, DRE #01526442

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.