Exceptional Investment Opportunity in a Medium-Sized High-Density Apartment Community! Preliminary approval has been granted for a project consisting of 60 apartment units, with the potential to build up to 74 units according to the maximum allowances of R-3 zoning. The property encompasses approximately 2.47 acres (107,519 square feet) of entirely flat land, situated in the heart of the City of Hemet, with frontage on both Santa Fe Street and E Central Avenue. The land is rectangular in shape, and all utilities are readily available.
The project has been designed to include 10% 1-bedroom/1-bath units, 10% 3-bedroom/2-bath units, and 80% 2-bedroom/2-bath units. It is currently in the process of nearing full entitlement approval from the planning department, expected within the next 2-3 months. Full entitlement approval may be deliverable by the owner depending on the terms.
Extensive development documentation available upon request, including proposed 60-unit architectural plans, conceptual civil engineering and drainage plans, utility layouts, landscape plans, geotechnical studies, infiltration and liquefaction reports, and prior City planning review comments. Contact listing agent for development package and additional information. Buyer and buyer’s consultants to independently verify all entitlements, approvals, engineering requirements, and development feasibility.
The project has been designed to include 10% 1-bedroom/1-bath units, 10% 3-bedroom/2-bath units, and 80% 2-bedroom/2-bath units. It is currently in the process of nearing full entitlement approval from the planning department, expected within the next 2-3 months. Full entitlement approval may be deliverable by the owner depending on the terms.
Extensive development documentation available upon request, including proposed 60-unit architectural plans, conceptual civil engineering and drainage plans, utility layouts, landscape plans, geotechnical studies, infiltration and liquefaction reports, and prior City planning review comments. Contact listing agent for development package and additional information. Buyer and buyer’s consultants to independently verify all entitlements, approvals, engineering requirements, and development feasibility.
Property Details
Price:
$380,000
MLS #:
WS26237725
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Nov 4, 2026
Lot Size:
107,593 sqft / 2.47 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
Street Lights, Urban, Sidewalks
Lot Features
Rectangular Lot, 26-30 Units/Acre
View
None
Financial
Map
Community
- Address401 N Santa Fe Hemet CA
- CityHemet
- CountyRiverside
- Zip Code92543
Subdivisions in Hemet
Market Summary
Property Summary
- 401 N Santa Fe Hemet CA is a Land for sale in Hemet, CA, 92543. It is listed for $380,000 and features 2 acres.
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