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27071 Citrus AvePerris, CA 92571

18.66 Acres, 59+ Home Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
Orange Vista Acres presents a remarkable opportunity for residential development in Perris, CA. This 18.66-acre property boasts a prime location in Riverside County, offering convenient access to Highway 215. The land is comprised of four flat lots, zoned for a significant residential build-out. Specifically, 16.7 acres are zoned R-1, allowing for the construction of approximately 54 single-family homes on 7,200 square foot lots. An additional 1.96 acres are zoned R-R, suitable for larger residential lots (approximately 20,000 square feet). The property's strategic location within the thriving Perris community, known for its family-friendly atmosphere and excellent public services, ensures strong market demand. Perris is experiencing substantial growth, with a rising population and consistent employment growth across various sectors, including retail, logistics, government, and construction. This robust market, coupled with the potential to leverage California Assembly Bill 2345 for density bonuses, makes Orange Vista Acres an exceptional investment with significant potential for substantial returns. The APN is 307-260-037-0, and the property is held in trust. This is a rare opportunity to capitalize on the burgeoning housing market in Southern California's Inland Empire. The address is 27071 Citrus Ave, Perris, CA 92571.

Highlights

  • 18.66 acres of prime residential land in Perris, CA.
  • 16.7 acres zoned R-1, suitable for 54 single-family homes; an additional 1.96 acres zoned R-R.
  • Excellent access to Highway 215.
  • Strong market with significant growth potential in Perris, Riverside County.
  • High employment growth in the area.

Property Details for 27071 Citrus Ave

Property type
Land
Lot Size (sq. ft)
812,830 SF

Location Insight

City
Perris
County
Riverside
State
California
Latitude
33.808452538796
Longitude
-117.19107993392
27071 Citrus Ave, Perris, California

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27071 Citrus Ave
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