0 N Yale Street, Hemet, CA 92544

0 beds 0 baths 96,703 sq.ft.

Offerered at: $750,000.00

County: Riverside
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active