17
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$5,500,000
Est. payment /mo
25.7 Acres Lot
New
0 California Ave Hemet, CA 92545
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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!*** TWO PARCELS AVAILABLE 465-020-004 AND 465-020-005 Parcels are located in a PRIME LOCATION of West Hemet off Florida and California in the County of Riverside. Currently designated as Mixed Use (MU) there is an opportunity for a MULTI-FAMILY DEVELOPMENT These parcels offer incredible views of the surrounding hills and mountains. Situated close to Diamond Valley Lake, Four Seasons Golf Course, Florida Promenade shopping center, Hemet Auto Mall and Hemet Airport. Utilities to the site include electricity, gas, 12 inch waterline and 24 inch recycled waterline. There is also an existing 21 inch sewer line in Stetson Ave and a 15 inch sewer line in Florida Ave (Hwy 74). Existing signalized intersection of California Ave and Hwy 74, which is just a short block north of the parcel. It provides an easy paved access from this property to both Hwy 74 and future Hwy 79 interchange. The parcel has 2 paved access roads from both south and north. Both parcels are RT20000 zoned and RA single residential. Once rezoned to zone 4 and zone 5 land has potential for multifamily family development. Seller will finalize the rezoning prior to the close of escrow. BUYER TO VERIFY ALL INFORMATION with the county of Riverside, all utility providers and other approving agencies. Asking price is for both parcels. Parcel 465-020-004 is subject to probate.
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
Listed by Darlene Scarlato • Berkshire Hathaway HomeService • darlenescarlato@bhhscal.com