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Property profile & analytics
OFF-MARKET
Commercial real estate

16523 Clive Way Perris, CA 92570

8.39 ac lot
Individually Owned 9-yr Hold
Property ID
US09-4284211
Property summary
AI-generated overview

Exceptional 8.39-acre property in Perris, CA (92570), presents a unique opportunity to build your dream home or family compound. This land boasts stunning 180-degree views of Lake Mathews and the surrounding mountains, offering breathtaking sunsets and city lights at night. The property features three rough-graded pads, ready for construction, a completed driveway with compaction, and a 1-inch water meter already installed. Previous approved plans (expired) for a 2700 sq ft custom home existed. The lot is zoned R-A-5, allowing for various development options, including the possibility of multiple residences with accessory dwelling units (ADUs). The corners are staked and easily visible from the main pad. Enjoy the mature trees, lounging area, picnic tables, swings, and a recently built wooden bridge. This property offers ample space for recreational vehicles, boats, and other toys. The seller may carry financing. APN: 287100016. Located at 16523 Clive Way, Perris, CA. A video is available for viewing. This is a truly remarkable opportunity to create your ideal lifestyle in a picturesque setting. Little to no grading is needed.

Property profile
Verified
Property type Commercial real estate
Lot 8.39 ac (365,468 SF)
APN 287100016
UPID US09-4284211
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Luis O Lopez · 9 yrs held
Luis O Lopez
since 2016
1 recorded transaction
2016
$110,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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