1 year on rocket

28750 Pierce Ave, Lake Elsinore, CA, 92530

$1,350,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,803 SqFt
$749/SqFt
House

Location

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28750 Pierce Ave, Lake Elsinore$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewDesert, Lake, Meadow, Mountain(s), Other, Valley
MLS #IV23018787
Lot Size4.58 Acres
StatusActive

About 28750 Pierce Ave

• LOCATION: Lake Elsinore - Riverside County, CA • TOTAL SITE AREA: ±4.58 Acres • APN: 378-020-018 & 378-020-052 • PURCHASE PRICE: $1,300,000 • PRICE PER SF: $6.51/SF • ZONING: R1 (Single Family Residential) • GENERAL PLAN: Low Medium Residential • Newly renovated 3 bed, 2 bath home • Large Storage Barn • Fully Fenced • Adjacent to incoming development The subject property consists of two parcels totaling approximately 4.58 acres located on Pierce St just south of Nichols Rd in the City of Lake Elsinore. The property has relatively flat topography and is just south and west of two separate proposed industrial development projects. The site is an approximate 0.5 mile drive to I-15 at Nichols Rd. Furthermore the property is approximately 70 miles from the Ports of LA and Long Beach. The property is currently fenced on all sides and contains a newly renovated 3 bedroom, 2 bathroom single family home. Toward the back of the property is a large barn with a small living quarters/office built above the barn. Buyer to verify all permits for existing structures. The subject property is zoned Single Family Residential which is intended to accommodate low density residential projects with +/-7200 SF lots. Ownership has had positive conversations with the city in regards to a potential rezone. Given the prospective industrial developments to the east and to the north of this site it is believed that there will be favorable support for an industrial rezone at this location.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 1,803 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER COMMERCIAL SC
  • Office Phone: (714) 323-3862
  • Listing Agent: ERIC WASHLE

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
  • Interior: Granite Counters, Open Floorplan, All Bedrooms Down, Bedroom on Main Level
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Desert, Lake, Meadow, Mountain(s), Other, Valley

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 4.58 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: The site is an approximate 0.5 mile drive to I-15 at Nichols Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $749/SqFt
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Housing Market Comparison

See how this home compares to others in Lake Elsinore, CA.

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Lake Elsinore, CA

City

Med. Sold Price

$589.4K

Med. Price/SqFt

$297

Avg. Days On Market

33

# of Sold Homes

59

28750 Pierce Ave vs Lake Elsinore

658 DAYS ON ROCKET

+625 Days

$1,350,000

+$760.5K More

$749/SqFt

+$452 More

KEY TAKEAWAY

This property is $760.5K more than the Median Sold Price and $452/SqFt more than other homes in Lake Elsinore, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV23018787

Listing Office:

  • Office Name: COLDWELL BANKER COMMERCIAL SC
  • Office Phone: (714) 323-3862
  • Listing Agent: ERIC WASHLE

IDX 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: 11/21/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 22, 2019Home Sold
$100,000
Aug 01, 2019Home Sold
$400,000
Aug 15, 2018Home Sold
$50,000
Mar 14, 2006Home Sold
$17,500
Apr 11, 1991Home Sold
$100,000
Apr 01, 1991Home Sold
$100,000

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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.

Nearby Schools

school-card-donut-386752
4
/10

  • Alberhill Elementary School

  • 4170 Brianna Cir

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-386753
3
/10

  • Machado Elementary School

  • 15150 Joy St

  • 1.40 miles

  • Public District Grades KG-5

school-card-donut-386754
7
/10

  • Rice Canyon Elementary School

  • 29535 Westwind Dr

  • 2.05 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,625. The most common annual income of people living in Lake Elsinore, CA is between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 28750 Pierce Ave

What is the listing price of this property?

The listing price of 28750 Pierce Ave property is $1,350,000.

What type of property is this?

The property 28750 Pierce Ave is a house located in Lake Elsinore, California, 92530.

Is this property for sale now?

Active Listing: 28750 Pierce Ave is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on August 22, 2019 for $100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 28750 Pierce Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 28750 Pierce Ave is 1,803 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 28750 Pierce Ave is 1964.

Rocket Homes›California›Riverside County›Lake Elsinore›92530›28750 Pierce Ave

This home is located at 28750 Pierce Ave in Lake Elsinore, CA and zip code 92530 in the Alberhill neighborhood. This 1,803 square foot home, which was built in 1964, sits on a 4.58 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 02, 2023 and is currently priced at $1,350,000.

Over 25 listings were sold over their listed price in October 2024 in Lake Elsinore, CA. In the same period over 11 listings were sold below the listed price and 23 listings were sold for the listed price. The inventory of homes for sale in Lake Elsinore, CA between September 2024 and October 2024 decreased by 3.1%. While the average time on the market in October 2024 was 33 days, the median list price was $589,427.

From Rocket Homes Real Estate and based on county public records data.

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