2.22 Acres in Central Hemet – for Very High-Density Residential. 50-UNIT Apartment Community Designed for Approval. An excellent development opportunity in the heart of Hemet, California. This 2.22-acre site, consisting of APNs 445-232-018 and 445-232-019, is designated Very High Density Residential under the City of Hemet’s Land Use Plan. In coordination with the Community Development Department, the seller has already completed a preliminary design for a 50-unit apartment project. This design can be submitted directly to the city for approval, allowing the buyer to move forward quickly. This is a strong opportunity for investors and homebuilders to deliver the right-sized project that complements the surrounding community and offers solid potential for return on investment.
Property Details
Price:
$750,000
MLS #:
AR25101237
Status:
Active
Baths:
0
Address:
0 N Yale Street 445232018
Type:
Land
Neighborhood:
699notdefined
City:
Hemet
Listed Date:
Apr 20, 2025
State:
CA
ZIP:
92544
Lot Size:
96,703 sqft / 2.22 acres (approx)
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Interior
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Lot Features
26-30 Units/ Acre
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None
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Public
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0.00
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Community
- Address0 N Yale Street 445232018 Hemet CA
- Area699 – Not Defined
- CityHemet
- CountyRiverside
- Zip Code92544
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