Active

401 N Santa Fe Street

Hemet, CA 92543
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SqFt107,593

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Land

Price : $1,600,000

AD Id : 61992618

MLS Id : TR25014447

Lot Size : 107,593 Sqft(Lot)

County : Riverside

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Feature Features

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 2.47
  • Lot Size Source: Assessor Lot Size Square Feet: 107593

  • Listing Price Information

    Original List Price: 1,600,000 Listing Contract Date: 2025-01-20
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 446092027

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: SRCAR - Southwest Riverside County Postal Code Plus 4: 3044 Directions: Santa Fe St, E Central Ave Zoning: R-3 Source Property Type: Land Area: SRCAR - Southwest Riverside County
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Nearby Home Value

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M/l In Por Lot 20 Mb 00.., Hemet, CA, 92543 $1,949,000 -- -- -- 395,525 Sqft(Lot)
25244 N Buena Vista, Hemet, CA, 92543 $149,900 -- -- -- 9,583 Sqft(Lot)
1 Stetson, Hemet, CA, 92543 $999,000 -- -- -- 1,110,344.40 Sqft(Lot)
147 N Alessandro Street, Hemet, CA, 92543 $138,000 -- -- -- 9,148 Sqft(Lot)
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1105 Eaton Avenue, Hemet, CA, 92543 $239,999 -- -- -- 47,045 Sqft(Lot)
1890 S State, Hemet, CA, 92543 $2,500,000 -- -- -- 353,272 Sqft(Lot)
W Acacia Ave, Hemet, CA, 92543 $950,000 -- -- -- 136,343 Sqft(Lot)

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ByOwner last updated this listing 06/18/2026 @ 12:14

MLS: TR25014447 LISTED BY: Xiaoming Ye, Centaline Investment Inc 626-238-8643 SOURCE: CRMLS

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