28170-28180 Jefferson Ave | Temecula, CA 92590
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- LoopNet Team
28170-28180 Jefferson Ave
Temecula, CA 92590
Firenze Multi-Family Retail Development · Land For Sale
·
3.58 AC
INVESTMENT HIGHLIGHTS
- Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms.
- Positioned for strong absorption post 2026 (Most new deliveries expected in 2024 and 2025)
- Located in Temecula’s iconic Wine Country, of the Uptown Temecula Specific Plans
PROPERTY FACTS
DESCRIPTION
• Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market. • Stable market conditions and growth projected in the subject’s submarket. • Proximity to employment, entertainment, and transit. • Most new deliveries expected in 2024 and 2025 and limited new inventory expected in 2026. Builder is positioned for absorption of new rental inventory from previous years.
PROPERTY TAXES
| Parcel Number | 921-060-058 | Improvements Assessment | $0 |
| Land Assessment | $6,230,024 | Total Assessment | $6,230,024 |
PROPERTY TAXES
Parcel Number
921-060-058
Land Assessment
$6,230,024
Improvements Assessment
$0
Total Assessment
$6,230,024
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