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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
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 Aging-up to leasing & lifestyle markets. The thoughtfully designed plan features 238 Class-A multifamily units (ADA compliant) 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 |
• RTI: Prime Uptown Temecula location in the heart of Wine Country and Uptown Temecula Specific Plan. • ADA Compliant • Time Saving Milestone eliminating months of waiting • Just in time to meet CA SB9 Mandates • Strong market fundamentals
Description
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.
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
Presented by
28170-28180 Jefferson Ave - Firenze Multi-Family & Retail Development
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