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$ 1,800,000
Est. payment | /mo
2.47 Acres Lot
$ 1,800,000
Est. payment | /mo
2.47 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25014447
Lot Size 2.470 Acres
Property Sub-Type Lots/Land
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.
Location
State CA
County Riverside
Direction Santa Fe St, E Central Ave
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 446092027
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Xiaoming Ye Centaline Investment Inc
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