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22736492
22736501

Chambers, Hemet, CA 92543

MK
CA 00823998
First Team Real Estate
Listed by First Team Real Estate
Unpriced
451 days on market
Updated 2 days ago
Under Contract

Chambers

Details
APN 451100033
Property Type Land
Sub Type Lots/Land
Acreage 4.200
Zoning R -3 Multi -Family Medium to High Density

4.2 acres

Marketing description

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 Dont miss this rare investment opportunity!

Investment highlights

Here’s a strong list of benefits for building or developing real estate in Hemet, CA:

1. Strong Demand for Housing

  • Growing population and need for affordable housing.

  • Increasing demand for multifamily and senior living communities.

2. Opportunity Zone Benefits

  • Potential tax incentives for long-term investments.

  • Deferral or reduction of capital gains taxes.

3. Favorable Zoning & Development Potential

  • R3 zoning allows for medium-to-high-density housing.

  • Suitable for apartments, senior living, or mixed-use projects.

4. Affordable Land Compared to Coastal Areas

  • Lower cost per acre compared to Orange County and San Diego.

  • Higher ROI potential due to lower land acquisition costs.

5. Senior Living & Retirement Market

  • Hemet has a large retiree population, ideal for assisted living and memory care facilities.

  • Demand for age-restricted communities and medical services.

6. Infrastructure & Growth Potential

  • Expanding commercial and retail developments.

  • Planned improvements in roads, utilities, and public services.

7. Proximity to Key Markets

  • Easy access to Riverside, Temecula, and Orange County.

  • Growing logistics and distribution opportunities.

8. Developer Incentives & City Support

  • Potential fee reductions and expedited permit processing.

  • City interest in economic development and job creation.

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Listing Contacts

MK
CA 00823998
First Team Real Estate
Listed by First Team Real Estate

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Additional Information

Name
Mark Kojac
License
00823998
Brokerage
First Team Real Estate
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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