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.