Property profile

31300 Ruth Ln Homeland, CA 92548

FOR SALE
Residential land & home lots
Property ID
US09-0808219
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Rare opportunity to own approximately 13.9 net acres comprised of three contiguous parcels in unincorporated Homeland, California. This improved rural property offers expansive panoramic views, including potential views of Diamond Valley Lake from portions of the land, along with privacy and open space. Close to Lake Perris, Diamond Valley Lake, and Lake Skinner. There is a Natural spring/pond on the property. The main parcel features existing utility infrastructure, including electric power, a private water well, and a septic system, all of which previously serviced a residence that has since been removed. The septic system was approved as part of a historical mobile home site plan. The property includes five flat, usable pads. One pad was created as part of prior permitted development, with additional pads existing on the property. Zoned R-A-10 (Rural Residential) with no HOA and no Mello-Roos. One parcel is located within the Western Riverside County Multi-Species Habitat Conservation Plan (WR-MSHCP) area. Property is being sold as vacant land. The prior structure has been removed, and the county has been notified. Owner financing available. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own independent investigations and due diligence to satisfy themselves regarding all aspects, features, characteristics, and suitability of the property.

Property profile

Verified
Property type Residential land & home lots
UPID US09-0808219

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31300 Ruth Ln Homeland, CA 92548
Homeland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message