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$ 750,000
Est. payment | /mo
$ 750,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25101237
Property Sub-Type Lots/Land
Property Description
2.22 Acres in Central Hemet for Very High-Density Residential. 50-UNIT Apartment Community Designed for Approval. An excellent development opportunity in the heart of Hemet, California. This 2.22-acre site, consisting of APNs 445-232-018 and 445-232-019, is designated Very High Density Residential under the City of Hemets Land Use Plan. In coordination with the Community Development Department, the seller has already completed a preliminary design for a 50-unit apartment project. This design can be submitted directly to the city for approval, allowing the buyer to move forward quickly. This is a strong opportunity for investors and homebuilders to deliver the right-sized project that complements the surrounding community and offers solid potential for return on investment.
Location
State CA
County Riverside
Direction Florida Ave, North on Yale Street
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 445232018
Listed by Yuqing Wu Re/Max Premier Prop Arcadia
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