0 Riverside Drive

Lake Elsinore, CA 92530

$9,750,000

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Property Description

Lake Pointe Apartments - Prime Entitle Multi-Family site, next door to Lake Side High School and near the Launch Pointe Recreation Center and Boat Launch . Centrally located with easy access to Interstate 15. The entitle multi-family project consist of a gated complex with 260 units (Phase 1 "152 unit" and Phase 2 "108 units"). Residents will enjoy the Clubhouse, cabanas, fireplace, leasing office, conference room, multipurpose room, kitchen, pool, outdoor BBQ pavilions with shade structures, patio trellises and sitting benches, splash pad, tot-lot with playground equipment. Great opportunity for development with the Demand for apartments in the Inland Empire being ramped back.

Listing Information

List Price $9,750,000
Status Active
MLS SW24082403
HOA $0
Type Land
Lot Size 578,041
Structure Size N/A
DOM 104
Courtesy Of Rancon Real Estate
Listing Agent Grisel Stefani DRE#02017653

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Grisel Stefani, Rancon Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of May 9th, 2024 at 11:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.