E Stetson Avenue, Hemet, CA 92543

Local realty services provided by:ERA Excel Realty
E Stetson Avenue,Hemet, CA 92543
$3,888,000
Virtual Tour
  • 10.1 Acres
  • Lots / Land
  • Active
Listed by:alexandra bentley
Office:lee & associates
MLS#:NDP2509185
Source:CRMLS

Price summary

  • Price:$3,888,000

About this home

The subject property consists of two parcels totaling approximately 9 acres. There are currently plans for a 216-unit multi-family development called “Senna Community.” The unit mix consists of 9 studio units, 90 1 bed/ 1 bath units, and 117 2 bed/2 bath units. The property is zoned R-2, Low density Multiple Family Residential, with a maximum density of 8 du/acre. The General Plan designation is Medium Density Residential with a maximum density of 18 du/acre. The Housing Accountability Act authorizes development on the properties to utilize the higher General Plan Density as opposed to the lower Zoning density. The project proposes to provide 5% Very Low Income units, which entitles the project to a 20% density bonus. The property offers a unique opportunity for a builder to bring much-needed housing to the City of Hemet.

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Home facts

  • Listing ID #:NDP2509185
  • Added:43 day(s) ago
  • Updated:November 01, 2025 at 10:36 AM

Structure and exterior

  • Lot area:10.1 Acres

Finances and disclosures

  • Price:$3,888,000
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