28170 Jefferson Avenue, Temecula, CA 92590
- $15,000,000
- List Price
- $15,000,000
- Status
- ACTIVE
- MLS#
- OC26018960
- Lot Size
- 155,944
- Acres
- 3.58
- Lot Location
- Level
- Days on Market
- 184
- Property Type
- Land
Property 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
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Additional Information
- View
- None
- Water
- None
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Chris Lee (chris@theavantteam.com) from Listing Office: Pacific Sotheby's Int'l Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.