401 N Santa Fe, Hemet, CA 92543

Hemet
Local realty services provided by:ERA Carlile Realty Group
401 N Santa Fe,Hemet, CA 92543
$380,000
Virtual Tour
  • 2.47 Acres
  • Lots / Land
  • Active
Listed by: lili qian, liang wang
Office: pacific sterling realty/irvine949-222-9911
MLS#:WS26237725
Source:CRMLS

Price summary

  • Price:$380,000

About this home

Exceptional Investment Opportunity in a Medium-Sized High-Density Apartment Community! Preliminary approval has been granted for a project consisting of 60 apartment units, with the potential to build up to 74 units according to the maximum allowances of R-3 zoning. The property encompasses approximately 2.47 acres (107,519 square feet) of entirely flat land, situated in the heart of the City of Hemet, with frontage on both Santa Fe Street and E Central Avenue. The land is rectangular in shape, and all utilities are readily available. The project has been designed to include 10% 1-bedroom/1-bath units, 10% 3-bedroom/2-bath units, and 80% 2-bedroom/2-bath units. It is currently in the process of nearing full entitlement approval from the planning department, expected within the next 2-3 months. Full entitlement approval may be deliverable by the owner depending on the terms. Extensive development documentation available upon request, including proposed 60-unit architectural...

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Home facts

  • Listing ID #:WS26237725
  • Added:7 day(s) ago
  • Updated:November 12, 2026 at 08:23 PM

Structure and exterior

  • Lot area:2.47 Acres
  • Lot Features:Rectangular Lot

Finances and disclosures

  • Price:$380,000
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