Description
Housing development opportunity with this 5.11 acre parcel. Current zoning of R-10,000 allows up to 4 homes per acre. After street infrastructure and green space, it's possible to build 14-15 homes. The opportunity sits directly across the street from Perris Elementary School and less than 2 miles to the 215 Freeway. Utilities are located in the street but not paid for or connected at this time. I've heard of similar developments being granted up to 30 Units per acre if a developer is willing to set aside 20% of the unit for affordable housing.
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0BEDS
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5.11ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Housing development opportunity with this 5.11 acre parcel. Current zoning of R-10,000 allows up to 4 homes per acre. After street infrastructure and green space, it's possible to build 14-15 homes. The opportunity sits directly across the street from Perris Elementary School and less than 2 miles to the 215 Freeway. Utilities are located in the street but not paid for or connected at this time. I've heard of similar developments being granted up to 30 Units per acre if a developer is willing to set aside 20% of the unit for affordable housing.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-20T09:31:27.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.