Investor alert: Land is legally permitted to grow cannabis or potential to build 1260-1980 houses. This 90.03 acres, and 3,921,707 sq ft land located in the growing suburb of San Jacinto, Riverside, California. land also consists of 3 bedrooms, 1 bathroom, a total of 1026 sq ft of living space, all of which was built in 1966. House has central heating and cooling and 2 carport parking spaces. Roof is made of gravel and rock. There is also a well in place. The land has a partial fence and a gate with lock. According to City of San Jacinto planning department: Land is legally permitted to grow cannabis. The outdoor cannabis cultivation-North of cottonwood Ave and west of Sanderson Ave is the area, and the zoning for this parcel is within the area. The current zoning is residential low density (2.1-5du/acre) and residential medium density (5.1-10 de/acre). However, our general plan 2040 which hasn't been adopted is rezoning that area to be high-density residential (HDR). HDR has a density of 14-22 dwelling units per acre. APN#425-220-011 is 90.03 acres so approximately 1260-1980 units. Just as FYI, that parcel is within the multi-species habitat conservation plan. So there are some environmental constraints.
- Price:
- $32,000,000
- Acreage:
- 90.03
- Listing ID #:
- 230001510
- Street Address:
- 1992 N Warren Rd. Unknown
- City:
- San Jacinto
- State:
- California
- Postal Code:
- 92582
- County:
- Riverside
- Listing Status:
- Active
- Listing Type:
- LandDevelopedVacant
- Dwelling Type:
- Lots/Land
- Irrigation System Desc:
- N/K
- Lot Frontage:
- Open Space
- Lot Square Footage:
- 3921707
- Topography:
- Level
- For Sale Or Lease?:
- For Sale
- Originating Mls:
- Sdmls
- Senior Living Community:
- N/K
- Terms:
- Conventional
- Mello-Roos Amount:
- 0.0
- Other Fees:
- 0.0
- Price Per Square Foot:
- 355437.08
- Fence:
- Gate
- Existing Water:
- Available, Well On Property
- Utilities:
- Above Ground
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Mary Dang () with San Diego Sunrise Realty
