0 Machado Street

Lake Elsinore, CA 92530

– beds
– baths
– sqft
~1 acre lot
– on site

PROJECT HIGHLIGHTS Prime Development Opportunity –68-Unit Apartment Land on Machado Street, Lake Elsinore Presenting a rare opportunity to acquire entitled land for a 68-unit apartment development in the heart of Lake Elsinore’s thriving residential corridor. Located on Machado Street, this project site is ideally situated in a neighborhood predominantly surrounded by new single-family home communities, offering a unique chance to introduce much-needed multi-family housing to a fast-growing area. This site provides tremendous upside for developers and investors seeking to build in a market with strong rental demand, limited supply of new apartments, and a supportive local municipality for residential growth. Lake Elsinore continues to attract families and professionals with its natural beauty, affordability, and proximity to major employment hubs via the I-15 freeway. Project Highlights: Proposed for 68 apartment units for market rate – The developer or builder will need to finish entitlement process Surrounded by established and new SFR communities – ideal for tenants seeking rental alternatives in family-friendly neighborhoods Flat and accessible land with utilities nearby Close to schools, parks, shopping centers, and public transit Strong local and regional demographics with population growth and increasing housing needs This project aligns perfectly with the city’s vision for smart, sustainable growth while addressing the region’s housing shortage. Don’t miss the chance to develop a community that will stand out in a neighborhood dominated by for-sale homes—renters will love the location, and investors will love the returns.

Listed By CRMLS_CA / Kyoko Wolf / JCA International Realty Inc / kay@kwolfrealty.com

Last checked: Checking… • Last updated Apr 16, 2025 •

MLS# NDP2503672 —

This property is listed in more than one place. See it here.

Location

Directions:

The project is very close to the lake, easy to find.
Latitude:

33.66550000
Longitude:

-117.35580000

The Property

Property Type:

Land
Zoning:

R1-1
Lot Features:

11-15 Units/Acre
Lot Size Area:

1.0000
Lot Size Acres:

1.0000
Lot Size SqFt:

43560.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fence:

No
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

379352020

The Community

Features:

Sidewalks, Street Lights, Biking, Hiking, Park
Association:

No
Senior Community:

No
Assessments:

No
Distance To Water Comments:

District Water should be on Street, buyer to verify

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price
4/16/25 Apr 16, 2025	Listed / Active	CRMLS_CA	$1,900,000
3/31/22 Mar 31, 2022	Sold	BRIDGE
3/10/21 Mar 10, 2021	Sold	BRIDGE

Want a closer look?

Go see 0 Machado Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Lake Elsinore, CA

Similar sold homes

This land located in Lake Elsinore, CA 92530 is currently for sale for $1,900,000. 0 Machado Street is a – square foot land with – beds and – baths that has been on Estately for 3 days. This land is in the attendance area of Machado Elementary School, Lakeside High School, and Terra Cotta Middle School.

Listing Courtesy of: CRMLS_CA and JCA International Realty Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Apr 19.

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.