401 N Santa Fe, Hemet, CA 92543 - MLS#TR25014447

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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$2,100,000

Est. payment - /mo

2.47 Acres Lot

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UPDATED:

01/21/2025 09:56 PM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25014447

HOA Y/N No

Lot Size 2.470 Acres

Acres 2.47

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.
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

Area Riv Cty-Hemet (92543)

Building

Lot Description Sidewalks

Others

Monthly Total Fees $34

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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Listed by Xiaoming Ye • Centaline Investment Inc

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

401 N Santa Fe Hemet, CA 92543

Anthony Napoli

Key Details

Location

Building

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