Auction #303-1

Land For Sale in Hemet, CA

Online Auction for Very High Density Residential Corner

East Along South State Street
Hemet, CA 92543
Riverside County View Map
Land
Lot Size: ±4.13 acres
 
APN/Tax ID: 451-100-022
APN/Tax ID: 451-100-022
Bidding Format: Sealed Bid
Sealed Bid
BID DEADLINE:
14 Nov 5:00 pm PST
Minimum Bid
US $149,000
Suggested Value: US $400,000
Required bid deposit: US $2,500
+ ADD TO WATCH LIST
BID NOW
APN/Tax ID: 451-100-022

Description

OPPORTUNITY ZONE

The Future of Real Estate FRE is pleased to present the Online Auction event for a well located +/-4.13 acre land parcel in an Opportunity Zone in the City of Hemet, Riverside County, California. This highly visible property is located at the lighted intersection at the northeast corner of Chambers Street and South State Street. Commuters can easily access Domenigoni Parkway and Highway 74 for a direct connection to the I-215 Freeway. This land offering is zoned R-4 (Very High Density Residential) which allows up to 45 dwelling units per acre. 

Property Features:

  • ±4.13 Acres
  • Municipality: City of Hemet, Riverside County, California 92543
  • Zoning: R-4 (Very High Density Zone). This zoning allows up to 45 dwelling units per acre and may include townhomes, apartments, condominiums or residential care facilities.

  • City of Hemet Population: ±83,000

  • Utilities are available to the property. Buyer to verify.
  • Topography: Generally Flat

Location Highlights:

  • Location: The City of Hemet is located along California Route 74 within Riverside County, part of the Inland Empire of Southern California. Hemet has been known as a desirable alternative to more expensive cities in the immediate area such as Temecula, Murrieta, Wildomar and Menifee. The property is located at the lighted intersection at the northeast corner of Chambers Street and South State Street. Commuters can easily access Domenigoni Parkway and Highway 74 for a direct connection to the I-215 Freeway.
  • Local Amenity: Diamond Valley Lake offers fishing and light boating on the lake. A recreation park, aquatic center, visitor center and the Western Science Center along with the lake marina are located on the eastern end of the lake. A viewpoint, offering views of the pumping station and I/O tower, along with most of the lake is located on the western end of the lake. To the south of the lake is the Southwestern Riverside County Multi-Species Reserve, a 13,500-acre (5,500 ha) preserve between Diamond Valley Lake and Skinner Reservoir. The reserve is home to at least 16 sensitive, endangered or threatened native California bird, animal and plant species. Visit www.dvlake.com.
  • Property Access: South State Street is improved and paved along the west boundary of the subject property. Chambers Street is paved and improved along the south portion of the subject property.
  • Hemet offers extensive health, retail and commercial services to residents and businesses.
  • Close in proximity to nearby transit-corridors, commercial centers, parks, bike trails and more.
  • ±2.7 miles from the subject property is Hemet Unified School District with 4,000 employees
  • ±2.6 miles from the subject property is Hemet Valley Medical Center with 1,200 employees



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Downloadable Documents

Property Information

Auction Information

Property Viewing

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Financing

There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: Tom Doyle, CA license #01166180

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Sealed Bid
BID DEADLINE:
14 Nov 5:00 pm PST
Minimum Bid
US $149,000
Suggested Value: US $400,000
Required bid deposit: US $2,500
BID NOW pop
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Auction Ended
Event Manager
Matt Brown
LFC Marketing Services, Inc.
Phone: (949) 706-6142 Email: mbrown@fre.com
Property Representative
Tom Doyle
WD Land
Phone: (949) 683-3382 Email: tdoyle@wdland.com
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