401 N Santa Fe Street, Hemet CA, 92543

Active

401 N Santa Fe Street

Hemet CA, 92543

$2,100,000

$19.52 per sqft

Active

2.47 Acres

Land

Listed by Xiaoming Ye with Centaline Investment Inc 626-238-8643

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.

TR25014447

MLSⓇ ID

January 20, 2025

Listed

January 21, 2025

Updated

Map

401 N Santa Fe Street
Hemet CA, 92543

Exterior/Building Features

Lot Size: 2.47 Acres
Lot Features: 26-30 Units/Acre

Other Property Details

Area Name: SRCAR - Southwest Riverside County
Garage: No
View: No
View Description: None
County: Riverside
Water Source: See Remarks
Pool: No
Zoning: R-3

Listing Contact: 626-238-8643

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/21/2025 at 7:06 AM UTC