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    Chambers St Hemet, CA 92543

    Pending
    For Sale
    $425,000

    Land/Lot - Hemet, CA

    Lot size:
    182,952.00 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for Chambers St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-3
    APN
    451100033
    Exterior features
    Community Features Included: Curbs, Golf
    Lot size
    182,952.00 Acres

    Building Details

    Architectural style
    Other

    First Team Real Estate (888) 236-1943 [email protected]

    Listing agent Mark Kojac (949) 240-7979 License #00823998

    Listing date Aug 7, 2025

    MLS# LG25070504 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hemet Multifamily Development Opportunity

    This 4.2-acre property in Hemet, CA, presents a prime development opportunity with R3 zoning, allowing for medium to high-density multifamily projects. Situated within a designated Opportunity Zone, the location offers significant tax incentives for investors. The site is suitable for apartment complexes, senior living facilities, memory care centers, or a mobile home park. The property is located in a growing market experiencing increasing demand for housing. Its strategic location near major roads, utilities, and community amenities enhances its development potential. The City of Hemet supports residential expansion, making this an attractive prospect for developers aiming to capitalize on the area's growth. Utilities are nearby and accessible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.967536
    Latitude
    33.723343

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    FAQs

    What type of property is this?
    Commercial land - 4.2-acre R3-zoned land ideal for multifamily development in Hemet, CA.
    Where is this commercial land located?
    The property is located at Chambers St Hemet, CA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - R3 Zoning: Allows for medium to high-density multifamily development.; - Opportunity Zone: Offers significant tax incentives for investors.; - 4.2 Acres: Provides ample space for development projects.
    (949) 240-7979
    Request Owner's contact information
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    Hemet, CA 92543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Chambers St Hemet, CA 92543
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