401 N Santa Fe Street, Hemet, CA 92543 - Berkshire Hathaway HomeServices California Properties

401 N Santa Fe Street, Hemet, CA 92543

$2,100,000 Approx. USD 0 beds, 0 baths

Listing Agent


Xiaoming Ye | ashuyerealtor@gmail.com
Lic#: 02196580
Broker: Courtesy of Centaline Investment Inc

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# TR25014447
Price: $2,100,000
HOA Fee is $0.00
Beds: 0
Baths: 0
2.47 acres
Lot size: 2.4700
County: Riverside
Zoning: R-3
Lot description: TwentySixToThirtyUnitsAcre
MLS area: SRCAR - Southwest Riverside County

Last Updated: 1/21/2025

 Days On Market (DOM): 82

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This listing belongs to the SRCAR - Southwest Riverside County MLS area

Lat/Long: 33.741554, -116.963537.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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