#OC24217865, Steve Doughty, Listing office: Coldwell Banker Platinum Prop
#AR24164544·
Listing office: Titan One Real Estate·
Listing agent: Phyllis Cheng·
Listing office phone: 626-348-9755
$1,400,000 List price
0 Diamond Dr Lake Elsinore, CA 92530
2.4 acres
Land
Property details
About 0 Diamond Dr
FLAT LOT!!! Possible to build 80 units. Buyer to do own due-diligences. Discover the epitome of commercial real estate potential in the heart of the dynamic Lake Elsinore landscape. This prime low density residential project strategically positioned at the crossroads of Diamond Drive and Campbell Street, is a vast expanse of 2.35 acres, identified by the parcel numbers 363-162-024, 363-162-025, 363-162-039, and 363-162-030. Potential investors should note that the property's zoning allows for 64 units and 16 ADUs, but it is essential to verify and confirm these details through personal research and consultation with professionals or city authorities. Seize this opportunity to shape the future of this prime low density property in the thriving Lake Elsinore community. The canvas is vast, the potential is boundless—your vision awaits. Boasting a strategic location near the 15 Freeway, this property ensures convenient accessibility while maintaining a significant buffer of over 500 feet from health checkpoints. Adding to its allure, the location is in close proximity to the celebrated Lake Elsinore Storm, offering effortless connectivity to South Orange County via the 74 Ortega Highway and San Diego County via the 15 Freeway. This exceptional opportunity is tailor-made for forward-thinking developers, with a particular focus on the prospect of a residential project. The expansive 2.35-acre canvas opens the door to endless possibilities. Currently situated in a low-density area, the property allows for the construction of 64 units and 16 Accessory Dwelling Units (ADUs), providing a canvas for potential cash flow, affordable housing, or a condominium development. Prospective buyers are encouraged to conduct their due diligence to unlock the full potential of this remarkable land listing. The property's versatility and strategic location make it an ideal canvas for a range of developments. Whether envisioning a lucrative cash cow, affordable housing units, or a condominium project, this listing holds the key to realizing your vision.
Highlights
Home typeOther
StatusActive
Lot size2.39 Acres
MLS #AR24164544
Summary
- List Price: $1,400,000
- HOA Amount: $0
- Lot: Corner Lot
- Directions: Corner of Campell St
- Lot Size: 2.39 Acres
- MLS Number: AR24164544
- MLS Name: CRMLS
- Office Name: Titan One Real Estate
- Office Phone: (626) 348-9755
- Listing Agent: Phyllis Cheng
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 3:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
0 Diamond Dr
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Price information
Property sales
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Tax history
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Nearby schools
5
Railroad Canyon Elementary School
Public District KG-5
0.7 mi
•1300 Mill St
8
Tuscany Hills Elementary School
Public District KG-5
2.0 mi
•23 Ponte Russo
3
Elsinore Elementary School
Public District KG-5
2.1 mi
•512 W Sumner Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,930. Most Lake Elsinore, CA residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
35%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
16%
Single, with Kids
17%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Football
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Kmart
Family Dollar
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Kia
Buick
Ford
What do the neighbors listen to?
New Country
Oldies
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 0 Diamond Dr
The listing price of 0 Diamond Dr property is $1,400,000.
The property 0 Diamond Dr is land located in Lake Elsinore, California, 92530.
Active Listing: 0 Diamond Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 0 Diamond Dr are: Railroad Canyon Elementary School (GreatSchools Rating 5/10), Tuscany Hills Elementary School (GreatSchools Rating 8/10), Elsinore Elementary School (GreatSchools Rating 3/10), Lakeland Village School (GreatSchools Rating 3/10), Elsinore Middle School (GreatSchools Rating 3/10), Canyon Lake Middle School (GreatSchools Rating 4/10), Elsinore High School (GreatSchools Rating 6/10), Ortega High School (GreatSchools Rating 4/10), Keith Mccarthy Academy (GreatSchools Rating 3/10).
The property 0 Diamond Dr is 2.39 acres.
This home is located at 0 Diamond Dr in Lake Elsinore, CA and zip code 92530 in the Lake Elsinore Hills neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $1,400,000.
In May 2025 more than 22 listings in Lake Elsinore, CA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 38 were sold below. In May 2025 in Lake Elsinore, CA there were 2.1% more homes for sale than in April. In May 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $600,000.
From Rocket Homes Real Estate and based on county public records data.