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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$425,000

Est. payment - /mo

4.2 Acres Lot

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Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID LG25069517

HOA Y/N No

Lot Size 4.200 Acres

Property Sub-Type Unimproved Land

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, memory care, residential or mobile home park

Infrastructure Ready – 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

Area Srcar - Southwest Riverside County

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type None

Present Use Unimproved

Building

Lot Description 26-30 Units/Acre, Lot Over 40000 Sqft, Level, Near Public Transit

Water Public

Others

Tax ID 451100033

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Mark Kojac First Team Real Estate 949-874-4795, DRE #00823998

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

0 Chambers & Buena Vista Hemet, CA 92543

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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