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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!

Overview

Property Status
Active Under Contract
Lot Size
4.2 Acres
MLS ID
LG25070504MR
Property Type
Land

Features & Amenities

Neighborhood
Riverside County
View Description
Golf Course, Hills
Water Source
Public
Sewer
Public Sewer
Sales Price
$425,000
Zoning
R-3

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0 Chambers

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.