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28170-28180 Jefferson Ave - Firenze Multi-Family & Retail Development 3.58 Acres of Residential Land Offered at $15,000,000 in Temecula, CA 92590
Investment Highlights
- Stamp Approved, Fully Entitled, Shovel Ready
- Two Buildings, 238 Class-A multifamily units and near 27,000 SF for restaurants, events, or gyms
- Downtown Temecula Wine Country, CA
Executive Summary
Shovel-Ready Class-A Mixed-Use Development | Uptown Temecula
Located in the prime Uptown Temecula district at the gateway to Wine Country, this fully entitled and permit-ready project offers a rare opportunity to deliver a high-quality mixed-use community in one of California’s fastest-growing lifestyle markets. The thoughtfully designed plan features 238 Class-A multifamily units complemented by ~27,000 SF of retail, restaurant, and event space, creating an activated environment that appeals to modern renters and premium commercial tenants.
With strong regional fundamentals—rapid population growth, rising incomes, and a significant demographic aging into the rental market—the project is well positioned for robust absorption post-2026. After an extensive entitlement process, all approvals are secured, allowing for immediate advancement to construction.
Located in the prime Uptown Temecula district at the gateway to Wine Country, this fully entitled and permit-ready project offers a rare opportunity to deliver a high-quality mixed-use community in one of California’s fastest-growing lifestyle markets. The thoughtfully designed plan features 238 Class-A multifamily units complemented by ~27,000 SF of retail, restaurant, and event space, creating an activated environment that appeals to modern renters and premium commercial tenants.
With strong regional fundamentals—rapid population growth, rising incomes, and a significant demographic aging into the rental market—the project is well positioned for robust absorption post-2026. After an extensive entitlement process, all approvals are secured, allowing for immediate advancement to construction.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $15,000,000 | Lot Size | 3.58 AC |
| Price Per AC | $4,189,944.13 |
| Price | $15,000,000 |
| Price Per AC | $4,189,944.13 |
| Lot Size | 3.58 AC |
• Prime Uptown Temecula location in the heart of Wine Country and Uptown Temecula Specific Plan. • Fully approved plans after a lengthy process – ready to pull permits immediately. • Strong market fundamentals
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Property Taxes
| Parcel Number | 921-060-058 | Improvements Assessment | $0 (2025) |
| Land Assessment | $6,230,024 (2025) | Total Assessment | $6,230,024 (2025) |
Property Taxes
Parcel Number
921-060-058
Land Assessment
$6,230,024 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$6,230,024 (2025)
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28170-28180 Jefferson Ave - Firenze Multi-Family & Retail Development
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