$155,000

Exceptional multifamily development opportunity in Perris, California. This approximately 0.89-acre vacant parcel is zoned MFR-14 and is located within a Housing Opportunity Area Overlay Zone, which may allow a density increase of up to 30 dwelling units per acre potentially supporting approximately 24 units. The property offers an excellent opportunity for a developer or investor seeking to capitalize on the area's growing demand for housing. Buyer to independently verify zoning, allowable density, development standards, utility availability, access, and all potential uses with the City of Perris and applicable governmental agencies. Adjacent parcels (3 Acres +/-) may also be available for purchase, offering the potential to assemble a larger development site. Contact the listing broker for additional information.