$1,800,000

401 N Santa Fe, Hemet, CA 92543

Land
Built in ——
2.47acre lot
—— car garage
$——/sqft
Listed 9 months ago

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.

Listing Status:: Active
Listing Office:: Centaline Investment Inc :
Listing Agent:: Xiaoming Ye : 909-565-0445
MLS ID:: TR25014447

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Riverside

Zoning: 446092027

Source: California Regional MLS

This listing courtesy of Xiaoming Ye, Centaline Investment Inc

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$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Hemet Elementary School

633 E Kimball Ave, Hemet, CA, 92543

Grades KG-5

0.60 miles away

Acacia Middle School

1200 E Acacia Ave, Hemet, CA, 92543

Grades 6-8

0.67 miles away

Alessandro High School

831 E Devonshire Ave, Hemet, CA, 92543

Grades 9-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.