Mildred Street - Residential LAND FOR SALE


Perris, CA 92570 284,882 SF
$3,500,000 USD
951-816-9626
Mildred Street, Perris, CA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/1
284,882 SF

Mildred Street
Perris, CA 92570


HIGHLIGHTS

  • Infill property, well-located for Senior Apartments with good freeway access and shopping nearby.

OVERVIEW

This 6.54-acre residential land parcel is positioned at the northwest corner of Murrieta Road and Mildred Street in Perris, CA, in one of Southern California’s fastest-growing corridors. Currently offered at $3,500,000, the property sits in an infill location with excellent visibility and convenient access to major freeways, retail centers, and essential services. The lot features a Senior Housing Overlay and is part of a preliminary application submitted for a 236-unit senior apartment development, with city comments already provided, allowing significant progress toward entitlements. Future zoning adjustments include a pending R-22 overlay supporting higher density residential development (up to 22 dwelling units per acre). With its strong surrounding residential base and active subdivision activity, this site represents a rare opportunity for developers and investors seeking to deliver senior living or multifamily housing in an area marked by sustained demographic growth and robust housing demand.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$535,168/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

6.54 acres, NWC Murrieta Rd. and Mildred St.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

6.54 AC

LAND SF

284,882 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

SHO

APN/PARCEL ID

311-170-022,311-170-023,311-170-024

ASK ABOUT THIS PROPERTY

Jay BrunAreas LLCMore Info
951-816-9626

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Jay BrunAreas LLCMore Info
951-816-9626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.