N Yale Street, Hemet, CA 92544
- $750,000
- List Price
- $750,000
- Status
- ACTIVE
- MLS#
- AR25174553
- Lot Size(apprx.)
- 96,703
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.
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Listing courtesy of Listing Agent: Yuqing Wu (brianywrealtor@gmail.com) from Listing Office: Re/Max Premier Prop Arcadia.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.