Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of California’s high growth mid-level markets to meet the demands of young professionals rising up quickly in the rental market. Targeting large scale developers ready to build as the rates are decreasing!
•. Located in Temecula Wine Country in the SP-14 Uptown Specific Plans
• Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms.
• Area is endowed with Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market.
• All entitlements secured after a highly lengthy process
• Positioned for strong absorption post 2026
• Flat topography
• Excellent Frontage and Close to famed Old Town Temecula
Lot/land
Listed by: Pacific Sotheby's Int'l Realty • Chris Lee • 949-554-1200
$15,000,000
28170 Jefferson Ave, Temecula, CA 92590
--beds
--baths
3.58Acres
Unimproved Land
Built in ----
3.58 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 376 days
- 101
- 6
Zillow last checked:
Listing updated:
Listed by:
Chris Lee DRE #02107257 949-554-1200,
Pacific Sotheby's Int'l Realty,
Alice Schroeder DRE #01319910 949-357-0099,
Pacific Sotheby's Int'l Realty
Source: CRMLS,MLS#: OC26018960
Originating MLS: California Regional MLS
Facts & features
Property
Lot
- Size: 3.58 Acres
- Features: Level
Details
- Parcel number: 921060058
- Zoning: SP-14
- Special conditions: Standard
Utilities & green energy
- Water: None
- Utilities for property: None, Water Not Available
Community & HOA
Community
- Features: Curbs
Location
- Region: Temecula
Financial & listing details
- Date on market: 1/26/2026
- Cumulative days on market: 376 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Listed for sale | $15,000,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 92590
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