401 N Santa Fe Street

Hemet, CA 92543
$2,100,000
2.47 acres | #TR25014447
Courtesy of Centaline Investment Inc
For Sale

Description

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.

  • Property Details
      • Lot description:TwentySixToThirtyUnitsAcre
      • Acres:2.47
      • Property type:Purchase
      • Utility source:SeeRemarks
      • County:Riverside
      • Original List Price:$2, 100, 000
      • MLS #:TR25014447
      • Cost:2100000
      • Property subtype:Land
      • MLS #:TR25014447

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Xiaoming Ye
Listing Office: Centaline Investment Inc

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information