0 Machado Street
Lake Elsinore, CA 92530
- – beds
- – baths
- 43,560 sqft
- ~1 acre lot
- $43 per sqft
- – 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 demographi
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 16, 2025
•
MLS# CRNDP2503672 —
This property is listed in more than one place. See it here.
The Building
-
Building Area Units:Square Feet
Room Dimensions
-
Living Area:43560
-
Living Area Units:Square Feet
Location
-
Directions:The project is very close to th
The Property
-
Property Type:Land
-
Property Subtype:Unimproved Land
-
Parcel Number:379352020
-
Zoning:R1-1
-
Lot Size Area:1
-
Lot Size Acres:1
-
Lot Size SqFt:43560
-
Lot Size Units:Acres
-
View:Other
-
View:true
Listing Agent
- Contact info:
- Agent phone:
- (760) 331-3900
The Listing
-
Listing Terms:Cash
The Community
-
Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/16/25
Apr 16, 2025
|
Listed / Active | BRIDGE | $1,900,000 | |
|
3/31/22
Mar 31, 2022
|
Sold | BRIDGE | ||
|
3/10/21
Mar 10, 2021
|
Sold | BRIDGE |
