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$12,000,000
Est. payment /mo
90.03 Acres Lot
UPDATED:
12/05/2024 05:23 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240004925SD
HOA Y/N No
Lot Size 90.030 Acres
Property Description
Investor alert: Land is legally permitted to grow cannabis or potential to build 1260-1980 houses. This 90.03 acres, and 3,921,707 sq ft land located in the growing suburb of San Jacinto, Riverside, California. land also consists of 3 bedrooms, 1 bathroom, a total of 1026 sq ft of living space, all of which was built in 1966. House has central heating and cooling and 2 carport parking spaces. Roof is made of gravel and rock. There is also a well in place. The land has a partial fence and a gate with lock. According to City of San Jacinto planning department: "Land is legally permitted to grow cannabis. The outdoor cannabis cultivation-North of cottonwood Ave and west of Sanderson Ave is the area, and the zoning for this parcel is within the area. The current zoning is residential low density (2.1-5du/acre) and residential medium density (5.1-10 de/acre). However, our general plan 2040 which hasn't been adopted is rezoning that area to be high-density residential (HDR). HDR has a density of 14-22 dwelling units per acre. APN#425-220-011 is 90.03 acres so approximately 1260-1980 units. Just as FYI, that parcel is within the multi-species habitat conservation plan. So there are some environmental constraints."
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Fireplace No
Exterior
View Y/N No
Building
Lot Description Level
Others
Senior Community No
Tax ID 425220011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jing Zhao • San Diego Sunrise Realty