Situated off of California Ave in the prime location of West Hemet area, in the County of Riverside and in the path of future Highway 79 with expected high development growth, this 25.7 acre vacant parcel presents a great opportunity for a developer or investor. This property which includes AP#465-020-004 & -005 has been approved by the County for High Density Residential (HDR) development with a total of 262 units. This parcel is also in the sphere of influence of City of Hemet and is designated as Mixed Use (MU) zoning which allows residential and commercial development under the City s current General Plan. The location offers fantastic views of the surrounding hills and mountains and is 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 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.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 0 California Avenue, Hemet, CA
is currently for sale.
0 California Avenue, Hemet is listed
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