Precious Investment Opportunity in a medium sized high density apartment community! Preliminary approval projects of 60 units of apartments and up to 74 units buildable according the maximum right of R-3 Zoning. The property has an approximately 2.47AC (107,519 sqft) entirely flat land, located at the heart of City of Hemet, and frontage on both Santa Fe Street and E Central Avenue, rectangular shape, all utilities are available. The project been designed to 1bed/1bath 10%, 3bed/2bath 10%, and 2bed/2bath 80%, and is on the stage of approaching fully entitlement approval by the planning department in the next 2-3 months. Fully approval of entitlement may be deliverbales by the owner depends on the terms.
Property Details
Price:
$2,100,000
MLS #:
TR24153547
Status:
Active
Baths:
0
Address:
401 N Santa Fe Street 446092027
Type:
Land
Neighborhood:
srcarsouthwestriversidecounty
City:
Hemet
Listed Date:
Jul 23, 2024
State:
CA
ZIP:
92543
Lot Size:
107,593 sqft / 2.47 acres (approx)
See this Listing
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Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights, Urban
Lot Features
26-30 Units/ Acre
View
None
Water Source
See Remarks
Financial
Association Fee
0.00
Map
Community
- Address401 N Santa Fe Street 446092027 Hemet CA
- AreaSRCAR – Southwest Riverside County
- CityHemet
- CountyRiverside
- Zip Code92543
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Courtesy of Centaline Investment Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
401 N Santa Fe Street 446092027
Hemet, CA
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