Estimated payment $2,741/month
Highlights
- Golf Course Community
- Property is near public transit
- No HOA
- Golf Course View
- Corner Lot
About This Lot
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!
Listing Agent
First Team Real Estate Brokerage Phone: 949-874-4795 License #00823998 Listed on: 04/01/2025
Property Details
Property Type
- Land
Lot Details
- 4.2 Acre Lot
- Corner Lot
- Level Lot
- Density is 26-30 Units/Acre
- 45100032, 45100031
- Property is zoned R-3, Multi-Family Medium to High density
Property Views
- Golf Course
- Hills
- Neighborhood
Location
- Property is near public transit
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / 223
- Assessor Parcel Number 451100033
- $275 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $425,000 | -12.4% | -- |
| 04/01/2025 04/01/25 | For Sale | $485,000 | +470.6% | -- |
| 03/05/2024 03/05/24 | Sold | $85,000 | -2.9% | -- |
| 02/02/2024 02/02/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | For Sale | $87,500 | +56.3% | -- |
| 03/20/2020 03/20/20 | Sold | $56,000 | -20.0% | -- |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 01/06/2020 01/06/20 | Price Changed | $70,000 | -6.7% | -- |
| 07/19/2019 07/19/19 | Price Changed | $75,000 | -11.8% | -- |
| 01/24/2019 01/24/19 | For Sale | $85,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG25070504
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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