6000 Limonite, Jurupa Valley, CA 92509

$5,880,000

Listed by Hugo Chau, from Champions Real Estate
(If provided) CoList: from

List Price
$5,880,000
Price Change
▼ $1,000,008 1782335493
MLS#
CRAR25094857
Status
ACTIVE
Zoning
D5
Lot Size
324,086
Neighborhood
251 - Jurupa Valley

Property Description

Last remaining Large Size Parcel with @ HHDR (highest density residential of up to 25 DU/ Acre) Vacant Land, up to @ 186 Units, Calling all @@@Affordable Housing Developers!!! *Bonus/ **MORE Additional UNITS!!! AHI: $93000, Close to Major Shopping Centers, Grocery Stores, Coffee Shops, Movie Theater, Golf Course, Proximity to Downtown Riverside Mission Inn and SO MUCH More! Please see supplement on @ Density Bonus + , (6000 is GPS use only) Limonite Ave, T Intersect @ Pacific, City of Jurupa Valley, Ca 92509, Zoning Code (projects will need to comply with these and other parts of the municipal code). R-3 Zone https://library.municode.com/ca/jurupa_valley/codes/municipal_code?nodeId=TIT9PLZO_CH9.80ZOGERE Multi-Family https://library.municode.com/ca/jurupa_valley/codes/municipal_code?nodeId=TIT9PLZO_CH9.100ZOPLRE_S9.100.070MUFADW If providing affordable housing at 35% low and 65% very low income, it could be possible to consider a density bonus The property is 7.44 acres, and HHDR allows for a base density of 20-25 du/ac Preliminarily, this could qualify the property for a 50% density bonus (depending on a number of factors). At this 50% bonus, the density bonus could range from 222-279 units. With the above said, the ultimate unit yield remains subject to detailed site

Additional Information

Acres
7.44
Lot Size
324,086
Neighborhood
251 - Jurupa Valley
Unincorporated Yn
Yes
Zoning
D5

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