$1,600,000

401 N Santa Fe, Hemet, CA 92543

Land
Built in ——
2.47acre lot
—— car garage
$——/sqft
Listed 1 year 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
Date Added:: January 20, 2025
Data Last Updated:: May 21, 2026 at 6:11AM
Listing Office:: Centaline Investment Inc : 626-238-8643
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 $
VA Funding Fee $

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