114 E 11th Street, Perris, CA 92570
Commercial property
Sold November 2023
Listing Agent: Amanda Lawler (DRE #02048586) · Listing Office: Lawler Capital, Inc · Contact: 714-502-4066 · Bought with: Amanda Lawler · Lawler Capital, Inc · MLS #OC22221452 · Source: CRMLS
About this commercial property
GREAT OPPORTUNITY TO BUILD 70+ UNIT 3-5 STORY MIXED USE CONDO/APPARTMENTS!!! These 4 parcels are 30,490 sq ft (0.7 Acres) and are zoned as Urban Village, which allows for 3 to 5 story stacked flats, rowhouses, courtyard housing, live-work, and mixed-use commercial block buildings (Use is open to neighborhood serving commercial on the ground floor, with residential uses above). Currently the property is being used as a restaurant, tenant is on month-to-month. This is a great way to gather rental income while working through the Entitlement, Planning and Permit process. The owner of the adjacent lot (which make this a full acre) is open to selling too! This neighborhood is being actively re-developed with a new community park and new mixed use apartments/condos across the street. Don't miss out on this diamond in the rough!
Listing description from the November 2023 sale, as reported to CRMLS.
Sale history