Hemet, CA 92543,E Stetson Avenue
Hemet, CA 92543,E Stetson Avenue
Hemet, CA 92543,E Stetson Avenue
11
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$3,888,000
Est. payment /mo
10.1 Acres Lot
Active

E Stetson Avenue Hemet, CA 92543

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNDP2509185

HOA Y/N No

Lot Size 10.100 Acres

Acres 10.1

Property Sub-Type Unimproved Land

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

Zoning Low-

Interior

Fireplace No

Exterior

View Y/N true

View Other

Building

New Construction No

Others

Tax ID 44630000500

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


Bridge MLS
Listed by Alexandra Bentley • Lee & Associates

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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E Stetson Avenue