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E Jarvis St
Perris, CA 92571

$3,999,000 USD

Land For Sale  •  5.57 AC

Property Details

  • Property Type Land
  • Lot Size 5.57 AC
  • Zoning MFR-14
0 Transit Score
29 Walk Score

Description

Citrus Estates, is an  MFR-14, Multifamily Residential Land Site-  Mid Density for attached and detached single-family or Multiple-family development, including apartments and condominiums

A new, 125 unit project plan was presented and reviewed by the City Of Perris in 2022 and 2023, with the city in favor of Zoning that may allow 125 unit utilizing MFR-22 zoning, at 22 DU per acre.

The 5.13± acre property located on E. Jarvis Street presents an interesting study. The site is flat and rectangular and lays out well for 2&3 story product. 

An adjacent paper street (Ruby) with 18,460±sf (.43) Acres sits between the subject property and the elementary school next door. This land can be vacated by the city and deeded to this property upon approval of the development project. Allowing this deeded land to be factored into project land calculations now totaling 5.57± Acres. (Buyer to confirm with the City planners).

Highlights

5.57± Acres- HIGH DENSITY MULTIFAMILY LAND TO BUILD UP TO 125 UNITS
Townhomes / Condominiums or Apartments or Build for Rent ( BFR ) in high demand area
Located in a Federal Opportunity Zone
2 Metrolink stations, minutes away walk, Located just off interstate 215 and Hwy 74
Zoning that may allow 125 units utilizing up zoning to MFR-22 zoning
Conceptual Plans, Geotech, Capacity Study, Alta

Public Transportation

Commuter RailDriveWalkDistance
Perris Downtown (Metrolink 91-Perris Valley Line - Metrolink Trains) 2 min 18 min 1.0 mi
South Perris (Metrolink 91-Perris Valley Line - Metrolink Trains) 5 min - 2.9 mi
AirportDriveWalkDistance
Ontario International 43 min - 34.0 mi
Scott Owens 949-705-5067 SPERRY
Scott Owens 949-705-5067 SPERRY