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$425,000
Est. payment /mo
4.2 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID LG25070504
Lot Size 4.200 Acres
Property Sub-Type Lots/Land
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 Dont miss this rare investment opportunity!
Location
State CA
County Riverside
Direction East of State Street on the corner of Chambers and Buena Vista across from Echo Hills Golf Course
Interior
Fireplace No
Exterior
Utilities Available Cable TV, Electric, Natural Gas, Telephone
View Y/N No
Present Use Unimproved
Others
Senior Community No
Tax ID 451100033
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Virtual Tour https://4acresonchambers.com/
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Listed by Mark Kojac First Team Real Estate