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**UNIQUE OPPORTUNITY** THIS PROPERTY CONSIST OF TWO PARCELS 465-020-004 AND 465-020-005 LOCATED IN A QUALIFIED OPPORTUNITY ZONE** in a PRIME LOCATION of West Hemet off Highway 74 (Florida Ave) and California Ave in the County of Riverside. Currently designated In City of Hemet General Plan as MIXED USE (MU). County of Riverside has approved this parcel for 262 MULTI-FAMILY OR HIGH DENSITY SINGLE FAMILY RESIDENTIAL UNITS. There is also potential for commercial zoning being adjacent to future HWY 79 off-ramp. 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, one block south of the parcel. 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. VIDEO TOUR: https://youtu.be/Qii6uFhbjmk

Property Details

Price:
$1,950,000
MLS #:
OC20247798
Status:
Active
Address:
26264 California Avenue 465020005
Type:
Land
City:
Hemet
Listed Date:
Nov 28, 2020
State:
CA
ZIP:
92545
Lot Size:
1,119,492 sqft / 25.70 acres (approx)

Schools

Interior

Exterior

Community Features
B L M/ National Forest, Fishing, Golf, Hiking, Hunting
Lot Features
11-15 Units/ Acre, Gentle Sloping, Rectangular Lot
Sewer
Public Sewer
View
Hills, Mountain(s), Panoramic
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

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26264 California Avenue 465020005
Hemet, CA

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