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For Sale

Cherry Blossom

10001 Bellflower Avenue,
Cherry Valley, CA 92223

Asset Snapshot

1966
Year Built
2021
Year Renovated
1
Floor Count
1
Building Count
0 SF
Average Unit Size

Offering Summary

Investment Overview

Welcome to this +/- 6.588 acres gated R2 zoned piece of heaven, nestled in Cherry Valley’s serene foothills for peaceful tranquility. Conveniently adjacent to Beaumont surrounded by golf courses, lakes, Bogart Regional Park. The convenience of nearby shopping centers and retail chains such as Walmart, Best Buys, Home Depot, Petsmart, and supermarkets adds significant value for potential residents, making the property an enticing choice for residential development or investment purposes.

The owner is working with the county to possibly add 30 mobile homes, potentially as six packs, enhancing its value and versatility to meet the demands of the community. The +/- 7640 square feet facility holds a Conditional Use Permit (CUP) for a 30-bed Residential Care Facility For The Elderly, but this extends further. Buyers are encouraged to explore additional developments like condominiums or a mobile home park on the excess acreage, maximizing its value. The land’s three levels offer stunning views and customizable development options. Don’t miss this rare opportunity to create your haven in Southern California’s Foothill.


Area Overview

Many senior communities nearby where affordable housing is much needed. Conveniently located to meet entertainment and healthcare needs.


Highlights

Value add. Lot line adjestment, change zone, general plan amendment and CUP for RCFE completed ready for the savvy investor to go the next step.


How it Works

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Listing Syndicated From

RealNex
For Sale
$2,950,000
Asking Price