0 California Ave new

Hemet,CA 92545

$ 5500000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25110515

HOA Y/N No

Lot Size 25.700 Acres

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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-T-20000

Interior

Fireplace No

Exterior

Fence None

Community Features Foothills,Fishing,Golf,Hiking,Lake,Near National Forest,Rural,Valley

Utilities Available Electricity Available,Phone Available,Sewer Available,Water Available

View Y/N Yes

View City Lights,Mountain(s)

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 465020005

Acceptable Financing Cash,Cash to New Loan,Submit

Listing Terms Cash,Cash to New Loan,Submit

Special Listing Condition Standard

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