Property Details
About this Property
This is a rare opportunity to acquire 5 Acres that is a FULLY ENTITLED & Approved 150 unit SENIOR APARTMENT COMPLEX. This Project will be the only Senior Apartment Facility in the city of Yucaipa, CA in its class that will offer Senior Citizens a health-conscious life style with Amenities that include: Pool, Spa, Recreational Area, Firepit, BBQ & Picnic Area, Community Garden, Scenic Walking Trail, & Dog Park. Improvement Plans are complete and site is almost SHOVEL READY. Only remaining plans that must be submitted prior to pulling a Building Permit are Structural Calculations, Landscape Construction Drawings, & the Dry Utility Plan which have been purposefully reserved for the Developer's preference. This property is also located in an OPPORTUNITY ZONE which allows major Tax Benefits to a long term Investor to save big on any future capital gains taxes. The property has an existing home and 2 accessory structures that will be removed prior to construction. Topographically, the property slopes gradually from NE to SW toward the existing creek along its southern boundary. This project (#21-045) was granted the density bonus for 30 units/per acre to help serve the need for many retirees in the near future. According to the U.S. Census Bureau, By 2030, All Baby Boomers Will Be Age
MLS Listing Information
MLS #
CRIG22240803
MLS Source
California Regional MLS
Days on Site
720
Lots & Land Information
Lot Description
Grade - Gently Sloped
Parking, School, and Other Information
HOA Fee
$0
Zoning
D6, GSL, LSR
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
12836 3rd St is in Yucaipa, CA 92399. This Land is currently priced at $6,000,000. This address can also be written as 12836 3rd St, Yucaipa, CA 92399.
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This listing information is up-to-date as of April 19, 2024. For the most current information, please contact Robert Mendez, (951) 283-5015
