Listing provided courtesy of Xiaoming Ye of Centaline Investment Inc. Last updated 2024-07-27 09:20:14.000000. Listing information © 2024 Sandicor.
Asking Price: $2,100,000
401 Santa Fe, Hemet CA 92543
Community:
This Lots/Land property was built in and is priced at $2,100,000. Please see the additional details below.
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.
