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401 N Santa Fe Street — Hemet | Belmont Brokerage

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$1,600,000

107,593 sqft lot00|462 DOM

401 N Santa Fe St, Hemet, CA 92543

Property 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.

Listing provided by: Xiaoming YeDRE #02196580626-238-8643 ashuyerealtor@gmail.com, Centaline Investment Inc

MLS #: TR25014447