401 N Santa Fe Street Hemet, CA 92543
- Added:
- Jan 20, 2025
- Days on Market:
- 463
- Last Refresh:
- Apr 28 at 4:06 am
Property Features for 401 N Santa Fe Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R-3
- Exterior features
- Community Features Included: Street Lights, Urban, Sidewalks
- Standard status
- Active
- APN
- 446092027
- Lot size
- 107,593.00 Acres
Building Details
- Architectural style
- Other
Listing agent Xiaoming Ye License #02196580 (909) 565-0445
Listing office Centaline Investment Inc 1155 S. Diamond Bar Blvd #K, Diamond Bar, CA (626) 238-8643
Listing date Jan 20, 2025
MLS# TR25014447
Listing URL
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Overview
Hemet Land Investment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.963336
- Latitude
- 33.753965
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Flat 2.47-acre lot suitable for high-density apartment development.
Where is this residential land & home lot 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.
