401 N Santa Fe, Property Listing: MLS® #TR24153547

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.

401 N Santa Fe, Property Listing: MLS® #TR24153547 Close
Page Summary
NEW
  • MLS® #: TR24153547
  • 401 N Santa Fe
  • , CA 92543
  • $2,100,000
  • 107593 SqFt, 2.47 Acres
  • Office: Centaline Investment Inc

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.

Supplemental Remarks

Essential Information

  • MLS® #TR24153547
  • Listing Price$2,100,000
  • Original Listing Price$2,100,000
  • List Price per Square Foot$19.52
  • Date ListedJuly 23rd, 2024
  • Days on Market3
  • Square Footage107,593
  • Acres2.47
  • Lot Sq.Ft.107,593
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$416
  • Total Monthly Dues$34

Community Information

  • Address401 N Santa Fe
  • AreaRIV CTY-HEMET (92543)
  • CountyRiverside
  • StateCA
  • Zip Code92543

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on November 27th, 2024 at 4:23am PST.