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.
Details
| MLS # | AR25101237 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 56 |
| Listing Provided By | Re/Max Premier Prop Arcadia | Yuqing Wu |
Features
| Zoning | R2 |
|---|---|
| Acreage | 2.22 |
| Property View | None |
Exterior
| Lot Features | Twenty Six To Thirty Units Acre |
|---|
Location
| Community Features | Sidewalks |
|---|
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Hemet |
| Zip Code | 92544 |
| Area | 699 Not Defined |