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 AR25101237

HOA Y/N No

Lot Size 2.220 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

View Y/N No

View None

Building

Lot Description 26-30 Units/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 445232018

Acceptable Financing Cash,Cash to New Loan,Conventional,Owner Will Carry

Listing Terms Cash,Cash to New Loan,Conventional,Owner Will Carry

Special Listing Condition Standard

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