401 N Santa Fe Street Hemet, CA ^$ 1,800,000

401 N Santa Fe Street

^$ 1,800,000

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401 N Santa Fe Street

Hemet, CA, 92543

^$ 1,800,000

Studio Baths0.0

Monthly Estimate*

^$ 11,230

Listed by Centaline Investment Inc

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Studio

Lots and Land for sale in Hemet, CA

for $1,800,000. The lot size is 2.47.

Precious Investment Opportunity in a medium sized high density apartment community! Preliminary approval projects of 60 units of apartments and up to 74 units buildable according the maximum right of R-3 Zoning. The property has an approximately 2.47AC (107,519 sqft) entirely flat land, located at the heart of City of Hemet, and frontage on both Santa Fe Street and E Central Avenue, rectangular shape, all utilities are available. The project been designed to 1bed/1bath 10%, 3bed/2bath 10%, and 2bed/2bath 80%, and is on the stage of approaching fully entitlement approval by the planning department in the next 2-3 months. Fully approval of entitlement may be deliverbales by the owner depends on the terms.

Lots and Land Active

Price

^$ 1,800,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

2.47

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

TR25014447

Days on Market

324

Features

General

Zoning R-3

HOA Fee 0

View None

Community Features Street Lights Sidewalks Urban

County Riverside

New Construction 0

Property Type Land

HOA 0

Special Listing Conditions Standard

Status Active

Directions Santa Fe St E Central Ave

City Hemet

Senior Community Y/N 0

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Square Feet

Lot Size Square Feet 107593

Listing Terms Cash Cash to New Loan 1031 Exchange

Land Lease Y/N 0

Additional Parcels Y/N 0

Standard Status Active

Tax Lot 4

Exterior

Lot Features 26-30 Units/Acre

Water Source See Remarks

Lot Size Area 107593

Lot Size Acres 2.47

Lot Size Source Assessor

* Excluded Features

List By

Centaline Investment Inc

Broker

ashuyerealtor@gmail.com

Affordability Calculator

$11,230

Per Month

Monthly Principal & Interest: $11,230
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Hemet, CA

Average List Price ^$461,866

Percent of Sale Price 74%

About Hemet, CA

83,932 Population

39% Since 2002

^$36,927 Median Income

38.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/28/2025	$1,800,000		Listed Price

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401 N Santa Fe Street, Hemet, CA, 92543 is a Lots and Land for sale at $1,800,000 with a lot size of 2.47. 401 N Santa Fe Street is a studio with 0.0 baths. The property's zip code is 92543 which is in Hemet, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/10/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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401 N Santa Fe Street

Lots and Land for sale in Hemet, CA

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