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37701 Cottonwood Avenue, San Jacinto, California

$999,900Active

Property Details

37701 Cottonwood Avenue, San Jacinto, California 92582 - NINE & ONE-HALF+ (9.55) ACRES (415,998 sq. ft.) FLAT low density residential zoned. Property consists of a 1,503 sq ft, 3 bdm, 2 bath, 1958 rented house w/detached 2 car garage. Currently additional units, out buildings w/horse arena. All rented for additional income. 658' X 633' sq ft. Completely fenced. RL zoning allows new construction of low density of 2-5 units per acre. Possible 36 to 45 units. All utilities are on this prime residential site. Lot sits on North boundary of a single family residential subdivision built in 2007, known as "Parkside Village". This lot is the second parcel from the Southeast corner of Cottonwood Ave. and N. Sanderson Ave. CVS drug store is on the Southwest corner. New commercial being planned for the Northwest corner. Starbucks and Walgreen drug store just 1 block South on W. Esplanade Ave. North Sanderson is a major road from Highway 74 (Florida Ave) and Ramona Expressway & realigned (Hwy 79). San Jacinto City Fire Station #78 West of property. Riverside County Master Plan for the Highway 79 realignment planned within 1/2 mile. New off-ramp to be on Cottonwood. Builder projects surrounding. Commercial and residential (right behind lot) San Jacinto is in the fast growing area of Southwestern Riverside County. Specific plan-G Gateway just to the North of lot off Ramona Expressway. San Jacinto College, Soboba Casino, Ramona Bowl, Diamond & Perris Lake - community assets. Instant rental cash flow for BUILDER/DEVELOPER! OWNER MAY CARRY!

Amenities

  • Zip92582
  • CountyRiverside
  • StatusActive
  • Purchase TypeActive
  • Property typeVacant Land
  • Zoning typeA2010
  • MLS® IDLG17230562

Listing Courtesy of Shawn Smithson~RE/MAX Evolution

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“Ann Shumbo is by far the most talented, dedicated, and thoughtful real estate agent with whom we have had the pleasure of working in 35+ years. Her knowledge of the real estate market, stellar communication skills, and willingness to "go the extra mile" made the sale of our home as easy and painless as possible. We loved working with Ann and highly recommend her to anyone who is buying or selling a home in Southern California. In short, Ann is truly "the best in the biz."”

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