33180 Olive, Winchester, CA 92596 | For Sale

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For Sale $1,100,000

$1,100,000
  • (0)
  • 1 Units
  • Unknown Sq Ft
  • 127,195 Sq Ft
  • Unknown Cap Rate

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,100,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1970
Last Sold Unknown
Sold Price Unknown
APN # 463130006
MLS # PW25255552
Property ID 322334316
Lot Sqft 127,195
Zoning Unknown
Total Units 1
Days on Market 31
Original List Price $1,100,000
Date Updated November 06, 2025
Date Created November 06, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Aaron Zapata an agent of Real Broker. Lic #01356534


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 06, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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