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Lot/land
  • Listing Provided by: 

    Xiaoming Ye DRE #02196580 626-238-8643,

    Centaline Investment Inc

    $1,800,000

    401 N Santa Fe St #4, Hemet, CA 92543

    --beds
    --baths
    2.47Acres
    Unimproved Land
    Built in ----
    2.47 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    165 days
    on Zillow
    |
    24
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 11:00pm

    Listing Provided by:

    Xiaoming Ye DRE #02196580 626-238-8643,

    Centaline Investment Inc

    Source: CRMLS,MLS#: TR25014447MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2.47 Acres
    • Features: 26-30 Units/Acre
    Details
    • Parcel number: 446092027
    • Zoning: R-3
    • Special conditions: Standard

    Utilities & green energy

    • Water: See Remarks

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks, Urban
    Location
    • Region: Hemet

    Financial & listing details

    • Date on market: 1/20/2025
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
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