28170 Jefferson AvenueTemecula, CA 92590
Riverside County
Description
Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of California’s high growth mid-level markets to meet the demands of young professionals rising up quickly in the rental market. Targeting large scale developers ready to build as the rates are decreasing! •. Located in Temecula Wine Country in the SP-14 Uptown Specific Plans • Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms. • Area is endowed with Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market. • All entitlements secured after a highly lengthy process • Positioned for strong absorption post 2026 • Flat topography • Excellent Frontage and Close to famed Old Town Temecula
Property Information
- Property type
- Land
- Lot size
- 3.58 acres
- Zoning
- SP-14
- Days on market
- 281
- MLS® Listing#
- OC26018960
Property Features
- Lot features
- Level
- Community
- Curbs
- Utilities
- None · Water Not Available
- Water source
- None
Financial Details
- HOA
- None
- Parcel number
- 921060058
Directions
Jefferson between Del Rio and Rancho California Rd.
Listing Courtesy: Pacific Sotheby's Int'l Realty - 9495541200
Presented by: Chris Lee and Alice Schroeder
Licensed in the state of California.
