6000 Limonite, Jurupa Valley, CA 92509
Offered at
$6,880,008
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 planning and project design.
All information deemed from reliable sources, nor implied, not guaranteed!