Keegan Cin | Realtor® | License # DRE 01971604

Property

Hemet, CA 92543 401 N Santa Fe Street

401 N Santa Fe Street Hemet, CA - Image 1401 N Santa Fe Street Hemet, CA - Image 2401 N Santa Fe Street Hemet, CA - Image 3
Presented By: Xiaoming Ye with Centaline Investment Inc; 626-238-8643
  • MLS# TR25014447
  • 01/20/2025
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Home Details

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.
Presented By: Xiaoming Ye with Centaline Investment Inc; 626-238-8643

Interior Features for 401 N Santa Fe Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 401 N Santa Fe Street

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityHemet
Community FeaturesStreetLights, Sidewalks, Urban
CountyRiverside
DirectionsSanta Fe St, E Central Ave
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet107593.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot4
ViewNone
Waterfront Y/NNo
ZoningR-3

Exterior for 401 N Santa Fe Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwentySixToThirtyUnitsAcre
Lot Size Acres2.47
Lot Size Area107593.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourceSeeRemarks

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,100,000
MLS#TR25014447
List Date 01/20/2025
Property Type Land
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