28170 Jefferson, Temecula, CA 92590

$15,000,000

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List Price
$15,000,000
Days on Market
192
Status
ACTIVE
MLS#
OC26018960
Lot Size(apprx.)
155,944
City
Temecula
Neighborhood
Uptown
Property Type
Land

Property Description

Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of Californias 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 Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of Californias 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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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Chris Lee (949-793-1738) from Listing Office: Pacific Sotheby's Int'l Realty.

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