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Listed by Hugo Chau, DRE #00921611 • Champions Real Estate
$ 5,880,000
Est. payment | /mo
7.44 Acres Lot
$ 5,880,000
Est. payment | /mo
7.44 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25094857
Lot Size 7.440 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
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
Location
State CA
County Riverside
Area 251 - Jurupa Valley
Zoning D5
Exterior
View None
Building
Water District - Public
Others
Tax ID 182350002
Special Listing Condition Not Applicable
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