FLAT LOT!!! Possible to build 80 units. Buyer to do own due-diligences. Discover the epitome of commercial real estate potential in the heart of the dynamic Lake Elsinore landscape. This prime low density residential project strategically positioned at the crossroads of Diamond Drive and Campbell Street, is a vast expanse of 2.35 acres, identified by the parcel numbers 363-162-024, 363-162-025, 363-162-039, and 363-162-030. Potential investors should note that the property's zoning allows for 64 units and 16 ADUs, but it is essential to verify and confirm these details through personal research and consultation with professionals or city authorities. Seize this opportunity to shape the future of this prime low density property in the thriving Lake Elsinore community. The canvas is vast, the potential is boundless—your vision awaits. Boasting a strategic location near the 15 Freeway, this property ensures convenient accessibility while maintaining a significant buffer of over 500 feet from health checkpoints. Adding to its allure, the location is in close proximity to the celebrated Lake Elsinore Storm, offering effortless connectivity to South Orange County via the 74 Ortega Highway and San Diego County via the 15 Freeway. This exceptional opportunity is tailor-made for forward-thinking developers, with a particular focus on the prospect of a residential project. The expansive 2.35-acre canvas opens the door to endless possibilities. Currently situated in a low-density area, the property allows for the construction of 64 units and 16 Accessory Dwelling Units (ADUs), providing a canvas for potential cash flow, affordable housing, or a condominium development. Prospective buyers are encouraged to conduct their due diligence to unlock the full potential of this remarkable land listing. The property's versatility and strategic location make it an ideal canvas for a range of developments. Whether envisioning a lucrative cash cow, affordable housing units, or a condominium project, this listing holds the key to realizing your vision.
Property Details
Property Features
Listing Office:
Office Name: Titan One Real Estate
Office Phone: (626) 348-9755
Listing Agent: Phyllis Cheng
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 2.39 Acres
Other
Directions Information:
Directions: Corner of Campell St
Price Information
Listing Price Info
Price Summary:
List Price: $1,400,000
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Housing Market Comparison
See how this home compares to others in Lake Elsinore, CA.
This property is $805.4K more than the Median Sold Price in Lake Elsinore, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24164544
Listing Office:
Office Name: Titan One Real Estate
Office Phone: (626) 348-9755
Listing Agent: Phyllis Cheng
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Railroad Canyon Elementary School
1300 Mill St
Distance between this listing and this school0.70 miles
Public District Grades KG-5
8
/10
Tuscany Hills Elementary School
23 Ponte Russo
Distance between this listing and this school2.04 miles
Public District Grades KG-5
3
/10
Elsinore Elementary School
512 W Sumner Ave
Distance between this listing and this school2.12 miles
Public District Grades KG-5
Nearby Schools
3
/10
Lakeland Village School
18730 Grand Ave
Distance between this listing and this school2.54 miles
Public District Grades KG-8
3
/10
Elsinore Middle School
1203 W Graham Ave
Distance between this listing and this school2.55 miles
Public District Grades 6-8
4
/10
Canyon Lake Middle School
33005 Canyon Hills Rd
Distance between this listing and this school2.65 miles
Public District Grades 6-8
Nearby Schools
6
/10
Elsinore High School
21800 Canyon Dr
Distance between this listing and this school2.64 miles
Public District Grades 9-12
4
/10
Ortega High School
520 Chaney St Bldg 100
Distance between this listing and this school2.65 miles
Public District Grades 9-12
3
/10
Keith Mccarthy Academy
1405 Ed Way
Distance between this listing and this school2.66 miles
The neighbors living near this home have an average income of $31,930. Most Lake Elsinore, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Diamond Dr
What is the listing price of this property?
The listing price of 0 Diamond Dr property is $1,400,000.
What type of property is this?
The property 0 Diamond Dr is land located in Lake Elsinore, California, 92530.
Is this property for sale now?
Active Listing: 0 Diamond Dr is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 0 Diamond Dr in Lake Elsinore, CA and zip code 92530 in the Lake Elsinore Hills neighborhood. This home sits on a 2.39 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $1,400,000.
Over 31 listings were sold over their listed price in November 2024 in Lake Elsinore, CA. In the same period over 16 listings were sold below the listed price and 18 listings were sold for the listed price. The number of homes for sale in Lake Elsinore, CA decreased by 1.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 41 days, the median list price was $594,542.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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