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$5,500,000
Est. payment /mo
25.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25110515
HOA Y/N No
Lot Size 25.700 Acres
Acres 25.7
Property Sub-Type Lots/Land
Property Description
*** Lucrative Investment Opportunity!*** Now available TWO PREMIUM PARCELS: 465-020-004 and 465-020-005 are located in the highly desirable area of West Hemet, Riverside County. Situated near the intersection of Florida Ave (Hwy 74) and California Ave, these parcels present a rare opportunity for multi-family development or other high-demand mixed-use projects. Zoning: Currently RT20,000 & RA (Residential Agricultural) Potential for Multifamily Development Rezoning to Zones 4 and 5 in process. Seller will complete rezoning prior to close of escrow. Land Use: Designated as Mixed Use (MU). Utilities to site: electricity & gas, 12 waterline & 24 recycled waterline, 21 sewer line (Stetson Ave) & 15 sewer line (Florida Ave). Dual paved access roads (north and south. Signalized intersection at California Ave & Hwy 74 nearby. Easy connectivity to Hwy 74 and Hwy 79. Breathtaking views of the surrounding hills and mountains. Minutes from: Diamond Valley Lake, Four Seasons Golf Course, Florida Promenade Shopping Center, Hemet Auto Mall and Hemet-Ryan Airport. In proximity to established residential and commercial developments. BUYER TO VERIFY ALL INFORMATION with the county of Riverside, all utility providers and other regulatory agencies. Asking price is for both parcels.
*** Lucrative Investment Opportunity!*** Now available TWO PREMIUM PARCELS: 465-020-004 and 465-020-005 are located in the highly desirable area of West Hemet, Riverside County. Situated near the intersection of Florida Ave (Hwy 74) and California Ave, these parcels present a rare opportunity for multi-family development or other high-demand mixed-use projects. Zoning: Currently RT20,000 & RA (Residential Agricultural) Potential for Multifamily Development Rezoning to Zones 4 and 5 in process. Seller will complete rezoning prior to close of escrow. Land Use: Designated as Mixed Use (MU). Utilities to site: electricity & gas, 12 waterline & 24 recycled waterline, 21 sewer line (Stetson Ave) & 15 sewer line (Florida Ave). Dual paved access roads (north and south. Signalized intersection at California Ave & Hwy 74 nearby. Easy connectivity to Hwy 74 and Hwy 79. Breathtaking views of the surrounding hills and mountains. Minutes from: Diamond Valley Lake, Four Seasons Golf Course, Florida Promenade Shopping Center, Hemet Auto Mall and Hemet-Ryan Airport. In proximity to established residential and commercial developments. BUYER TO VERIFY ALL INFORMATION with the county of Riverside, all utility providers and other regulatory agencies. Asking price is for both parcels.
*** Lucrative Investment Opportunity!*** Now available TWO PREMIUM PARCELS: 465-020-004 and 465-020-005 are located in the highly desirable area of West Hemet, Riverside County. Situated near the intersection of Florida Ave (Hwy 74) and California Ave, these parcels present a rare opportunity for multi-family development or other high-demand mixed-use projects. Zoning: Currently RT20,000 & RA (Residential Agricultural) Potential for Multifamily Development Rezoning to Zones 4 and 5 in process. Seller will complete rezoning prior to close of escrow. Land Use: Designated as Mixed Use (MU). Utilities to site: electricity & gas, 12 waterline & 24 recycled waterline, 21 sewer line (Stetson Ave) & 15 sewer line (Florida Ave). Dual paved access roads (north and south. Signalized intersection at California Ave & Hwy 74 nearby. Easy connectivity to Hwy 74 and Hwy 79. Breathtaking views of the surrounding hills and mountains. Minutes from: Diamond Valley Lake, Four Seasons Golf Course, Florida Promenade Shopping Center, Hemet Auto Mall and Hemet-Ryan Airport. In proximity to established residential and commercial developments. BUYER TO VERIFY ALL INFORMATION with the county of Riverside, all utility providers and other regulatory agencies. Asking price is for both parcels.
Location
State CA
County Riverside
Area Riv Cty-Hemet (92545)
Building
Lot Description Corner Lot, National Forest
Lot Size Range 20+ AC
Others
Monthly Total Fees $21
Acceptable Financing Cash
Listing Terms Cash
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Listed by Darlene Scarlato • Berkshire Hathaway HomeService