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5
Photos
28067 Highway 74, Lake Elsinore, CA 92532
$2,490,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
3,964
sqft
Built in
1981
Amazing opportunity in the path of growth on Highway 74 in Lake Elsinore. According to the City of Lake Elsinore's Planning Department, upon sale the property will convert to C-2 Zoning. Currently, a 3,964 square foot, single-story home sits on the back section of the property. The front section of the property is just under 2 acres and has 243 feet of frontage on Highway 74. If you have driven up Central onto Highway 74, it is clear to see that the path of growth is headed northeast...right towards this incredible opportunity. There are many existing commercial uses for the existing structure, including but not limited to: a child daycare facility, an adult daycare location, an educational facility or executive suites. If you are looking for property that is in the path of growth and is located in Lake Elsinore this could be the investment property you have been looking for.
Features & Amenities
Interior
- Laundry:
- Inside
- A/C:
- Central Forced Air
- Heating:
- Forced Air Unit
- Fireplace:
- FP in Family Room
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 2
Construction
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Riverside
Lot
- Zoning:
- C2, 347110075
- View:
- Mountains/Hills,Panoramic,Neighborhood
Utilities
- Utilities:
- Propane
- Water:
- Public
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Michael Duffy, Broker, Michael Duffy
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lake Elsinore, CA
Housing
- Number of Units
- 27,002
- Median Home Value
- $369,728
- Median Rent
- $1,340
32.89% of housing units are renter occupied.
4.06% are vacant.
Commute
- Car
-
81.73%
- Public Transportation
-
0.25%
- Walk to Work
-
0.50%
- Work from Home
-
15.16%
- Other
-
1.92%
The median travel time to work is 36 minutes.
People
- Population
- 86,623
- Median Age
- 31.40
- Median Household Size
- 3.53
Education
- High School
-
29.37%
- Associate’s Degree
-
8.19%
- Bachelor’s Degree
-
14.23%
- Graduate Degree
-
5.39%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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