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***LUCRATIVE INVESTMENT OPPORTUNITY!*** TWO PARCELS AVAILABLE 465-020-004 AND 465-020-005 Parcels are located in a PRIME LOCATION of West Hemet off Florida and California in the County of Riverside. Currently designated as Mixed Use (MU) there is an opportunity for a MULTI-FAMILY DEVELOPMENT These parcels offer incredible 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 and a 15 inch sewer line in Florida Ave (Hwy 74). Existing signalized intersection of California Ave and Hwy 74, which is just a short block north of the parcel. It 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. Both parcels are RT20000 zoned and RA single residential. Once rezoned to zone 4 and zone 5 land has potential for multifamily family development. Seller will finalize the rezoning prior to the close of escrow. BUYER TO VERIFY ALL INFORMATION with the county of Riverside, all utility providers and other approving agencies. Asking price is for both parcels. Parcel 465-020-004 is subject to probate.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 5/20/2025 | Community | Southwest Riverside County |
|---|---|---|---|
| County | Riverside |
Additional Details
| AREA | Southwest Riverside County |
|---|---|
| HOA DUES | 0 |
| LOT | 25.7 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| UTILITIES | Electricity Available,Phone Available,Sewer Available,Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Mountain(s) |
| WATER | Public |
| ZONING | R-T-20000 |
Location
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Listed with Berkshire Hathaway HomeService
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