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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$5,880,000

Est. payment - /mo

7.44 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25094857

HOA Y/N No

Lot Size 7.440 Acres

Property Description

Last remaining Large Size Parcel with @ HHDR (highest density residential of up to 25 DU/ Acre) Vacant Land, up to @ 186 Units, Calling all @@@Affordable Housing Developers!!! *Bonus/ **MORE Additional UNITS!!! AHI: $93000, Close to Major Shopping Centers, Grocery Stores, Coffee Shops, Movie Theater, Golf Course, Proximity to Downtown Riverside Mission Inn and SO MUCH More! Please see supplement on @ Density Bonus + , (6000 is GPS use only) Limonite Ave, T Intersect @ Pacific, City of Jurupa Valley, Ca 92509,

Zoning Code (projects will need to comply with these and other parts of the municipal code).
R-3 Zone https://library.municode.com/ca/jurupa_valley/codes/municipal_code?nodeId=TIT9PLZO_CH9.80ZOGERE
Multi-Family https://library.municode.com/ca/jurupa_valley/codes/municipal_code?nodeId=TIT9PLZO_CH9.100ZOPLRE_S9.100.070MUFADW

If providing affordable housing at 35% low and 65% very low income, it could be possible to consider a density bonus
The property is 7.44 acres, and HHDR allows for a base density of 20-25 du/ac
Preliminarily, this could qualify the property for a 50% density bonus (depending on a number of factors). At this 50% bonus, the density bonus could range from 222-279 units. With the above said, the ultimate unit yield remains subject to detailed site planning and project design.

All information deemed from reliable sources, nor implied, not guaranteed! Submit all reasonable offers!

Location

State CA

County Riverside

Area 251 - Jurupa Valley

Zoning HHDR

Interior

Fireplace No

Exterior

Community Features Valley

View Y/N No

View None

Building

Lot Description 21-25 Units/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 182350002

Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit

Special Listing Condition Standard

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Listed by Hugo Chau Champions Real Estate 626-466-8128, DRE #00921611

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

6000 Limonite Jurupa Valley, CA 92509

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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