Listing Agency: Elevate Real Estate Agency

Listed By: Oralia Acosta · License #01489219 Show Phone

Source: Compass

Added: Oct 10, 2024 Changed: Sep 21 Last Checked: Sep 22 at 8:46PM

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Investment Insights

Based on property information with market context.

This property presents an opportunity to own land in Lake Elsinore. According to the city, the land is zoned R-3, allowing for high-density construction. The land's zoning permits the construction of duplexes, condominiums, high-rise apartments, multi-family dwellings, and mixed-use buildings; buyers should confirm this with the city. The property is flat and usable, located less than two minutes from the lake and near a community park. It is within walking distance of historic downtown Lake Elsinore, close to schools, and near freeways. Utilities are located on the street frontage, which is paved. The lot is situated between two streets, with access from both sides.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Pharmacy Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

501

Businesses Nearby

Explore this area Business Placement

Demographics for 92530, CA

59,098

Population

18,502

Households

3.2

Avg Household Size

34

Median Age

17%

College-Educated

80%

High-School Grad

77.1 sq mi

ZIP Area

767

Density / Sq Mi

$84,799

Median Household Income

$41,138

Median Earnings

$1,705

Median Rent

$467,400

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - High-density R-3 land near the lake and downtown.

Where is this land located?

The property is located at 405 West Flint Street Lake Elsinore, CA.

What is the asking price?

The asking price for this property is $170,000.