0 N Yale Street new

Hemet,CA 92544

$ 750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25174553

HOA Y/N No

Lot Size 0.740 Acres

Property Description

2.22 Acres in Central Hemet – for Very High-Density Residential. 50-UNIT Apartment Community Designed for Approval. An excellent development opportunity in the heart of Hemet, California. This 2.22-acre site, consisting of APNs 445-232-018 and 445-232-019, is designated Very High Density Residential under the City of Hemet's Land Use Plan. In coordination with the Community Development Department, the seller has already completed a preliminary design for a 50-unit apartment project. This design can be submitted directly to the city for approval, allowing the buyer to move forward quickly. This is a strong opportunity for investors and homebuilders to deliver the right-sized project that complements the surrounding community and offers solid potential for return on investment.

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning R2

Interior

Fireplace No

Exterior

Community Features Sidewalks

Utilities Available Water Not Available

View Y/N No

View None

Building

Lot Description 26-30 Units/Acre

Water None

New Construction No

Others

Senior Community No

Tax ID 445232018

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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