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401 N Santa Fe Street, Hemet, CA 92543

$1,600,000 Approx. USD 0 beds, 0 baths

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Xiaoming Ye | ashuyerealtor@gmail.com
Lic#: 02196580
Broker: Courtesy of Centaline Investment Inc
Phone: 909-565-0445

Agent Remarks

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 Details

Property type: (Lots/Land)

Status: Active

MLS# TR25014447

List price is $1,600,000 Reduced by $200,000 on 4/27/2026

Price: $1,600,000

HOA Fee is $0.00

Beds: 0

Baths: 0

2.47 acres

Lot size: 2.4700

County: Riverside

Zoning: R-3

Lot description: TwentySixToThirtyUnitsAcre

MLS area: SRCAR - Southwest Riverside County

Last Updated: 6/12/2026

Days On Market (DOM): 515

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This listing belongs to the SRCAR - Southwest Riverside County MLS area

Lat/Long: 33.741554, -116.963537.
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