Hemet, CA 92543,401 N Santa Fe ST
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Hemet, CA 92543,401 N Santa Fe ST
Hemet, CA 92543,401 N Santa Fe ST
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401 N Santa Fe ST Hemet, CA 92543

2.47 Acres Lot


UPDATED:

09/30/2024 06:41 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24153547

HOA Y/N No

Lot Size 2.470 Acres

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

Area Srcar - Southwest Riverside County

Zoning R-3

Interior

Fireplace No

Exterior

Community Features Street Lights, Sidewalks, Urban

View Y/N No

View None

Building

Lot Description 26-30 Units/Acre

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 446092027

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Xiaoming Ye • Centaline Investment Inc • 626-238-8643
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110 E Wilshire Ave, Suite G1, Fullerton, California, 92832, USA

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401 N Santa Fe ST