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420 N Ramona Blvd - 74-Bed RCFE Project 1.33 Acres of Residential Land Offered at $650,000 in San Jacinto, CA 92583
Investment Highlights
- Proposed 74-Bed Residential Care Facility for the Elderly (RCFE) Project
- WQMP, Lot Line Merger, SPDR Fees Paid
- CUP In Process with the City - 3rd Round of Submittal
Executive Summary
The offering consists of a prime 1.33-acre (±57,935 SF) development parcel located in San Jacinto. The site is zoned Medium-High Density Residential and is in process of obtaining a Conditional Use Permit (CUP) for a proposed 74-bed Residential Care Facility for the Elderly (RCFE). Significant entitlement progress has been made, reducing upfront soft-cost exposure for the next developer. This is an excellent opportunity for assisted living developers and senior housing investors seeking a partially advanced entitlement project in Riverside County’s growing senior market. Please reach out to our team with any questions regarding this opportunity.
Property Facts
1 Lot Available
Lot
| Price | $650,000 | Lot Size | 1.33 AC |
| Price Per AC | $488,721.80 |
| Price | $650,000 |
| Price Per AC | $488,721.80 |
| Lot Size | 1.33 AC |
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $306,000 | Total Assessment | $306,000 |
Property Taxes
Parcel Numbers
Land Assessment
$306,000
Improvements Assessment
$0
Total Assessment
$306,000
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