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 Elsinores 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 citys vision for smart, sustainable growth while addressing the regions housing shortage. Dont miss the chance to develop a community that will stand out in a neighborhood dominated by for-sale homesrenters will love t

Listed by Kyoko Wolf of JCA International Realty Inc 7603313900



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2025 San Diego MLS®.

Last checked 2025