42 LARGE LOTS WITH APPROVED TTM
RIVERSIDE COUNTY (Hemet Area), CA
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| LOCATION: | 31325 Sage Road. The property is in the County of Riverside, south of the City of Hemet; adjacent to Diamond Valley Golf Club. State Street heading south turns into Cactus Valley Road, which turns into Sage Road (County Road 3 - R3). Diamond Valley Lake, Lake Perris, Lake Elsinore and Skinner Lake are nearby. TG 871-D-4. | |
| DESCRIPTION: | The property is flat to gently rolling with pleasant views of the golf course, valley territory and nearby hills. APN 469-120-057. | |
| ZONE: | RA (Rural Agricultural - 20,000 SF minimum lots). BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE. | |
| ENTITLEMENTS: | Tentative Tract Map 31291 was approved by the County of Riverside for 42 large lots. The lots range from about 25,000 SF to over 1 acre. The TTM is currently set to expire in December 2011. The planning staff indicated there are 3 additional 1 year extensions available. The map status and conditions of approval are in the full package. | |
| PRICE: | $2,800,000; all cash. | |
| COMMENTS: | When formulating your offer, please consider the
following: * Please submit offers, with proof of funds, at the earliest possible time. Seller reserves the right to accept or reject any offer(s) at any time without notice. * A transaction will be consummated with the Seller's Purchase and Sale Agreement. Preference will be given to "As-Is, Where-Is" offers with short due diligence and escrow closing periods. * Buyer must rely solely upon Buyer's independent investigations and due diligence rather than any Seller or Broker data. |
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| CONTACT: | Larry Lynch (DRE 01180573) at (818) 787-3077 for additional information. |
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KOREK LAND COMPANY, INC.
15230 Burbank Blvd., Suite 101, Sherman Oaks CA 91411
Telephone: (818) 787-3077; Fax: (818) 787-9677
E-mail: mail@korekland.com
DRE 00861992