33180 Olive new

Winchester,CA 92596

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25255552

Year Built 1970

Lot Size 2.920 Acres

Property Sub-Type Mixed Use

Property Description

Exceptional ±2.92-acre Mixed-Use (MU) investment opportunity located less than 700 feet from Highway 79 in the core of Winchester's high-growth corridor. This flat, fully usable parcel is strategically positioned amid major retail and expansive residential development, offering immediate functionality and long-term redevelopment potential. With utilities available at the street (power, gas, water, and sewer), this site is ready for a range of development or income-producing uses.
The property features a well-maintained 1,746 sq. ft. residence that provides immediate rental or owner-user potential. The 3-bedroom, 1.5-bath home has been substantially upgraded, including a new roof, a 33-panel SunPower solar system generating approximately 10kW, attic and whole-house fans, recessed lighting, and ceiling fans in every bedroom. The kitchen includes custom cabinetry with solid American Walnut butcher block countertops, while the remodeled bath features designer tilework and a cast-iron tub. Enlarged Argon gas premium windows, a wood-burning fireplace, and modern systems enhance overall comfort and efficiency.
Site improvements further enhance usability: a large custom-built patio cover with lighting and electrical outlets, concrete walkways around 85% of the home, full perimeter lighting, and an electronic gated entrance with camera security and remote access. In addition, the property includes a 3-stall barn with tack room (under 25'x60' cover) and a 35'x80' steel-frame storage structure, ideal for materials storage or business operations.
The MU zoning in unincorporated Riverside County allows for exceptional flexibility—permitting residential, commercial, or hybrid live/work applications. Developers and investors will appreciate the site's potential for subdivision, mixed-use development, or continued hold with income from the existing improvements. Comparable MU parcels in the immediate area indicate strong underlying land value and appreciation trends.
This is a rare chance to secure nearly 3 acres of fully usable, mixed-use-zoned land in one of the Inland Empire's fastest-growing areas—just off Highway 79 and minutes from Winchester Road retail and residential hubs. Perfect for a strategic investor, small-scale developer, or owner-operator seeking an adaptable asset with both immediate income and long-term upside.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Heating Central

Cooling Central Air

Laundry Inside,Laundry Room

Exterior

Roof Type Composition

Building

Lot Description Back Yard,Front Yard,Level,Rectangular Lot,Ranch,Street Level,Value In Land,Yard

Story 1

Water Public

Others

Acceptable Financing Cash,Conventional,VA Loan

Listing Terms Cash,Conventional,VA Loan

Special Listing Condition Standard

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