671 W Avenue L

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671 W Avenue L

Calimesa, CA 92320
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans approximately 0.53 acres of developable land.
  • Located at 671 W Avenue L in Calimesa, California.
  • Site sits within the expanding Inland Empire market region.
  • Property features coordinates of 33.9992, -117.0644 for mapping.
  • Land parcel represents a clear acquisition for future development.

What's Special

Development of this 0.53-acre parcel in Calimesa offers a strategic opportunity within the growing Inland Empire real estate market. Positioned at 671 W Avenue L, the site sits in a region characterized by its expanding residential and commercial footprint, benefiting from the connectivity provided by major regional transit corridors. The size and location of this land provide a functional foundation for small-scale commercial ventures or specialized residential projects tailored to the needs of the local community. Investors and developers will find this site well-positioned to leverage the ongoing growth of Riverside County, where proximity to essential infrastructure remains a primary driver for new construction and business expansion. This property serves as a blank canvas for those seeking to capitalize on the increasing demand for buildable land in Southern California's evolving suburban landscape.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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