CA > Hemet
Hemet, CA 92543,401 N Santa Fe
Hemet, CA 92543,401 N Santa Fe
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$2,100,000
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2.47 Acres Lot
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401 N Santa Fe Hemet, CA 92543

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

07/27/2024 01:35 AM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24153547

HOA Y/N No

Lot Size 2.470 Acres

Acres 2.47

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.
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 Riv Cty-Hemet (92543)

Building

Lot Description Sidewalks

Others

Monthly Total Fees $34

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

San Diego Regional MLS (SDMLS)
Listed by Xiaoming Ye • Centaline Investment Inc

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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