Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

Southwest Riverside County (SRCAR) is a beautiful region located in Perris, Riverside County, California. With its stunning landscapes, vibrant communities, and a range of amenities, it is a sought-after destination for homebuyers and investors alike.

One of the appealing aspects of this region is the availability of homes with a multi-family subtype. These properties offer a unique opportunity for homeowners to live in one unit and rent out the other, generating additional income or accommodating extended family members. With the rising popularity of multi-generational living and the increasing demand for rental properties, homes with a multi-family subtype provide flexible and versatile living arrangements.

Investing in a multi-family property in Southwest Riverside County can be a wise financial decision. Not only does it offer potential rental income, but it also provides the opportunity for long-term appreciation in value. The region's growing population and strong job market make it an attractive location for tenants, ensuring a steady stream of rental demand.

In addition to the multi-family homes, Southwest Riverside County offers a variety of recreational activities, including hiking, biking, and water sports. The region is also known for its excellent schools, shopping centers, and entertainment options, ensuring a high quality of life for residents.

If you are considering purchasing a home in Southwest Riverside County, exploring the multi-family subtype options can be a fantastic way to enhance your investment and lifestyle. With its desirable location, amenities, and potential for rental income, this region is an excellent choice for those looking for a diverse real estate market.

Newest Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

$2,100,000

IV26199828 MLS ⋅ Active Status

PRIME DOWNTOWN PERRIS DEVELOPMENT OPPORTUNITY! Three contiguous vacant parcels totaling approximately 3 acres, located near 7th Street & G Street and being sold together. Situated within the Downtown Perris Specific Plan – Urban Village district, offering excellent potential for high-density residential and mixed-use development. Urban Village development concepts include 3–5 story stacked flats, rowhouses, courtyard housing, live/work units, and mixed-use buildings with residential above ground-floor commercial uses. City planning documents indicate Urban Village zoning may accommodate densities up to approximately 35 dwelling units per acre, providing the potential for a significant multifamily development. Current preliminary estimates suggest 54+ units may be possible, subject to City approval and site design. City of Perris Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.

7th, Perris

$245,500

SW26153260 MLS ⋅ Active Status

HIGH-DENSITY RESIDENTIAL REDEVELOPMENT OPPORTUNITY IN MENIFEE! An opportunity for investors, builders and developers looking to explore future multifamily residential development or acquire and hold property in a growing Menifee corridor. The property is currently zoned HDR (High Density Residential) with previous existing utilities. Includes an existing fire-damaged, boarded single-family residence. The property is being offered in its present AS-IS condition, with the primary value and opportunity centered on the land and its future residential redevelopment potential. HDR zoning provides an opportunity to explore higher-density residential uses, including multifamily development, subject to City approval and all applicable development requirements. This may also be an attractive opportunity for an investor seeking to acquire and hold property for future development as the surrounding area continues to evolve. Conveniently located near major transportation routes, established residential neighborhoods, shopping, services and continued growth throughout Menifee and Southwest Riverside County. Bring your vision and explore the possibilities. Buyer and buyer's representatives are strongly encouraged to conduct their own independent due diligence with the City of Menifee and appropriate agencies regarding zoning, allowable density, permitted uses, development standards, utilities, access, demolition requirements, environmental conditions and overall development feasibility. Seller and Broker/Agents make no representation or guarantee regarding the number of units that may ultimately be developed on the property. Don't miss this opportunity knocking at your door!

27987 Jefferson, Menifee

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.