Hemet, CA 92543,E Stetson AVE
Hemet, CA 92543,E Stetson AVE
Hemet, CA 92543,E Stetson AVE
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$3,240,000
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10.1 Acres Lot
Price Dropped by $648K

E Stetson AVE Hemet, CA 92543

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Randi Castle

Randi Castle

+1(619) 677-8854

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2509185

HOA Y/N No

Lot Size 10.100 Acres

Property Description

The subject property consists of two parcels totaling approximately 9 acres. There are currently plans for a 216-unit multi-family development called “Senna Community.” The unit mix consists of 9 studio units, 90 1 bed/ 1 bath units, and 117 2 bed/2 bath units. The property is zoned R-2, Low density Multiple Family Residential, with a maximum density of 8 du/acre. The General Plan designation is Medium Density Residential with a maximum density of 18 du/acre. The Housing Accountability Act authorizes development on the properties to utilize the higher General Plan Density as opposed to the lower Zoning density. The project proposes to provide 5% Very Low Income units, which entitles the project to a 20% density bonus. The property offers a unique opportunity for a builder to bring much-needed housing to the City of Hemet.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning Low-Density Multi-Family

Interior

Fireplace No

Exterior

Community Features Suburban

View Y/N Yes

View Neighborhood

Building

Lot Description 21-25 Units/Acre

Others

Senior Community No

Tax ID 44630000500

Acceptable Financing Cash, Contract, 1031 Exchange

Listing Terms Cash, Contract, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509185

CRMLS – RECore
Listed by Alexandra Bentley Lee & Associates [email protected]
SCHOOLSPROPERTIES
Elementary Schools 17
  • 5

    Fruitvale Elementary School

    Public | KG - 5

  • 5

    Little Lake Elementary School

    Public | KG - 5

  • 3

    McSweeny Elementary School

    Public | KG - 5

  • 3

    Park Hill Elementary School

    Public | KG - 5

  • 2

    Whittier Elementary School

    Public | KG - 5

  • 2

    Jacob Wiens Elementary School

    Public | KG - 5

  • 1

    Family Tree Learning Center

    Public | KG - 8

  • 1

    Ramona Elementary School

    Public | KG - 5

  • 0

    Crosspoint Academy

    Private | 1 - 6

  • 0

    Bridges Child Development Center

    Private | PK - KG

  • 0

    Alpha Omega Christian

    Private | KG - 12

  • 0

    Baptist Christian School

    Private | KG - 12

  • 0

    Trinity Lutheran Church Early Childhood Development Center

    Private | PK - KG

  • 0

    St John S Lutheran School

    Private | KG - 8

  • 0

    Community Christian School

    Private | PK - 11

  • 0

    Kindercare Learning Center

    Private | PK - 5

  • 0

    Calvary Chapel Academy

    Private | PK - 6

Middle Schools 4
  • 10

    Western Center Academy

    Public | 6 - 10

  • 4

    Diamond Valley Middle School

    Public | 6 - 8

  • 4

    Dartmouth Middle School

    Public | 6 - 8

  • 2

    Acacia Middle School

    Public | 6 - 8

High Schools 5
  • 5

    West Valley High School

    Public | 9 - 12

  • 5

    College Preparatory High School

    Public | 9 - 12

  • 5

    Hemet High School

    Public | 9 - 12

  • 2

    Helen Hunt Jackson Alternative High School

    Public | 9 - 12

  • 0

    Alessandro High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Randi Castle

Randi Castle

Agent | License ID: 01943048

+1(619) 677-8854

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E Stetson AVE