28170 Jefferson Avenue,Temecula, CA 92590
Temecula, CA 92590
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
Details
| MLS # | OC26018960 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 260 |
| Listing Provided By | Pacific Sotheby's Int'l Realty | Chris Lee |
Features
| Zoning | SP-14 |
|---|---|
| Acreage | 3.58 |
| Property View | None |
Exterior
| Lot Features | Level |
|---|
Utilities
| Utilities | None, Water Not Available |
|---|
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Temecula |
| Zip Code | 92590 |
| Area | 699 Not Defined |
| Listing VS Median (in 92590) | |
Price: $15,000,000 low | high Med: $3,595,000 On site: 260 low | high Med: 454 | |
Market Activity 92590
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Temecula |
| Zip Code | 92590 |
| Area | 699 Not Defined |
| Listing VS Median (in 92590) | |
Price: $15,000,000 low | high Med: $3,595,000 On site: 260 low | high Med: 454 | |
 | $15,000,00028170 Jefferson AvenueTemecula, CA 92590 |