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Listed by Mark Kojac • First Team Real Estate
$ 425,000
Est. payment | /mo
4.2 Acres Lot
$ 425,000
Est. payment | /mo
4.2 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID LG-25070504
Lot Size 4.200 Acres
Property Description
Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing. Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth. Key Highlights: Zoned R3 - Multifamily Medium to High Density Opportunity Zone - Significant tax benefits for investors 4.2 Acres - Ideal for apartments, senior housing, residential or mobile home park. Utilities nearby & accessible location High-Growth Area - Strong demand for housing and senior care Don't miss this rare investment opportunity!
Location
State CA
County Riverside
Zoning R-3
Exterior
Community Features Curbs, Golf
Utilities Available Sewer Available, Water Available, Cable Available, Cable Not Available, Electricity Available, Natural Gas Available, Phone Available
View Y/N Yes
View Hills, Golf Course
Building
Lot Description Corner Lot, Level, Lot Over 40000 Sqft, Near Public Transit, 26-30 Units/Acre
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114