401 N Santa Fe, Hemet, CA

$1,800,000

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2.47

Acres

About 401 N Santa Fe

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.

Features of 401 N Santa Fe

MLS® # TR25014447
Price $1,800,000
Acres 2.47
Type Land
Sub-Type Lots/Land
Status Active

Community Information

Address 401 N Santa Fe
Area RIV CTY-HEMET (92543)
City Hemet
County Riverside
State CA
Zip Code 92543

Amenities

Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Exterior

Lot Description Sidewalks

Additional Information

Date Listed January 20th, 2025
Days on Market 163
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentaline Investment Inc

Listing Map

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