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Additional details
Listed by Mark Kojac • First Team Real Estate
$485,000
Est. payment /mo
4 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRLG25070504
Lot Size 4 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing. Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth. Key Highlights: Zoned R3 - Multifamily Medium to High Density Opportunity Zone - Significant tax benefits for investors 4.2 Acres - Ideal for apartments, senior housing, residential or mobile home park. Utilities nearby & accessible location High-Growth Area - Strong demand for housing and senior care Don't miss this rare investment opportunity!
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning D6,PRKG,LZ,LL,TNS
Exterior
Fence None
Utilities Available Electricity - On Site, Telephone - Not On Site
View Golf Course, Hills, Local/Neighborhood
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 451100033
Special Listing Condition Not Applicable
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