401 N Santa Fe, Hemet, CA 92543

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,800,000

Est. payment - /mo

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25014447

Property Sub-Type Lots/Land

Property Description

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.

Location

State CA

County Riverside

Direction Santa Fe St, E Central Ave

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 446092027

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Listed by Xiaoming Ye Centaline Investment Inc

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401 N Santa Fe Hemet, CA 92543