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Land for Multi-Family Development
For Sale
$199,000

208 E Peck St, Lake Elsinore, CA 92530

Land suitable for multi-family development in Lake Elsinore.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market254

Property Features for 208 E Peck St

General Information

Standard status Active
Lot size 0.16 Acres
Property subtype Land
Listing Agency:
Listed By: Alwin Lee
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Jul 15 at 9:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alwin Lee

Investment Insights

Based on property information with market context.

This offering presents an opportunity to develop multi-family units in Lake Elsinore. Two parcels, located at 208 and 202 E Peck Street, are being sold together. The zoning is R3, which allows for the construction of multiple homes, townhomes, or apartments. Prospective buyers are advised to verify permitted uses with the city. Utilities are available to the property.

Key Highlights

  • Zoned R3 for multi‑family development, allowing for homes, townhomes, or apartments.
  • Great opportunity to build in Lake Elsinore.
  • Two parcels (208 & 202 E Peck Street) included in the sale.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Pharmacy Acupuncture Tech Support Center

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

494
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Land suitable for multi-family development in Lake Elsinore.
Where is this land located?
The property is located at 208 E Peck St Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Zoned R3 for multi‑family development, allowing for homes, townhomes, or apartments.; Great opportunity to build in Lake Elsinore.; Two parcels (208 & 202 E Peck Street) included in the sale.
More about this property
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