**UNIQUE OPPORTUNITY** TWO PARCELS AVAILABLE 465-020-004 AND 465-020-005 LOCATED IN A QUALIFIED OPPORTUNITY ZONE** Parcels are located in a PRIME LOCATION of West Hemet off Florida and California in the County of Riverside. Currently designated as Mixed Use (MU) there is an opportunity for a MULTI-FAMILY DEVELOPMENT of 262 units. This is ideal for a developer who wants to offset the tax liability on their Capital Gains from the sale of other assets - for more information on how to utilize the benefits of the Opportunity Zone please contact listing agent directly. These parcels offer fantastic views of the surrounding hills and mountains. Situated 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.

  • MLS# OC18294449
  • Sub-Type Resale
  • Status Active
  • Days On Site 17
Zoning R-T-20000
Acreage 25.70
Property View Yes
Listing Provided By:
Serena Goss  of  HomeSmart Evergreen Realty
this listing $2,900,000
16,471.43%
$17,500 in
this listing 17 on site
0.00%
17 on site in

Location

State CA
County Riverside
City Hemet
Area 223 - Hemet/San Jacinto

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