Millman Team Real Estate

$15,000,000
3.58 Acre Lot

28170 Jefferson Avenue, Temecula, California 92590

  • Land Property Type
Property Description

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

Basic Details
Land
For Sale
OC26018960
$15,000,000
None
3.58 Acre
Active
Features
: None, Water Not Available
$0
Address Map
CA
Riverside
Temecula
92590
Jefferson
28170
Avenue
Jefferson between Del Rio and Rancho California Rd.
699 - Not Defined
SP-14
Additional Information
$0
$0
$0
$0
$0
: Curbs
: Unimproved
: Level
2026-01-26
Commercial, Multi-Family, Residential
: None
Broker/Agent Information
Pacific Sotheby's Int'l Realty
Chris Lee
Listing Information
Alice Schroeder
SSCHRALI
OC07358
Pacific Sotheby's Int'l Realty
OCLEECHRI
OC07358
Cash,Cash to New Loan,Conventional,1031 Exchange
Active
2026-01-27T05:06:47Z
CRMLS
: Standard
2026-01-26T21:01:16Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us