Hemet Land Investment
401 N Santa Fe Street Hemet, CA 92543
For Sale
$1,600,000
LAND - Hemet, CA
Lot Size2.47 Acres
Days on Market555
Property Features for 401 N Santa Fe Street
General Information
Property type
Land
Property subtype
Other
Zoning
R-3
Standard status
Active
APN
446092027
Lot size
2.47 Acres
Listing Agency:
Centaline Investment Inc
(626) 238-8643
Listed By:
Xiaoming Ye · License #02196580
(626) 238-8643
Added: Jan 20, 2025
Changed: Jul 21
Last Checked: Jul 29 at 9:06AM
MLS# TR25014447
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Investment Insights
Based on property information with market context.
This 2.47-acre (107,519 sqft) flat land parcel presents an investment opportunity for a medium-sized, high-density apartment community. Located in the heart of Hemet, the rectangular-shaped property has frontage on both Santa Fe Street and E Central Avenue. The R-3 zoning allows for the construction of up to 74 units. Preliminary approval projects 60 apartment units. The project design includes 10% 1-bed/1-bath units, 10% 3-bed/2-bath units, and 80% 2-bed/2-bath units. All utilities are available. The project is in the process of obtaining full entitlement approval from the planning department, expected within the next 2-3 months. Full entitlement approval by the owner may be deliverable depending on the terms.
Key Highlights
- Preliminary approval for 60 apartment units, potentially up to 74 units under R‑3 zoning.
- Large, flat 2.47‑acre (107,519 sq ft) lot in the heart of Hemet.
- Rectangular‑shaped lot with frontage on both Santa Fe Street and E Central Avenue.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Land - Flat 2.47-acre lot suitable for high-density apartment development.
Where is this land located?
The property is located at 401 N Santa Fe Street Hemet, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Preliminary approval for 60 apartment units, potentially up to 74 units under R‑3 zoning.; Large, flat 2.47‑acre (107,519 sq ft) lot in the heart of Hemet.; Rectangular‑shaped lot with frontage on both Santa Fe Street and E Central Avenue.
