26264 California Ave., Hemet, CA 92545 - OC20247798 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$1,950,000 $1.74 per sqft

Free Professional CMA

Listing ID : CROC20247798

  • Lot Size

    25.7000 Acre

Description

**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 e

Details

Type: Land Sale 
Subdivision: Srcar - Southwest Riverside County 
MLS Area: SRCAR - Southwest Riverside County 
County: Riverside 
Tax ID: 465020005
Property Type: Lots Sale 
Sub Type: Other Residential Land 
Utilities: Electricity - On Site, Telephone - Not On Site 
View: Hills, Panoramic 
Water: District - Public 

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Interactive

33.739761 -117.050026 $1,950,000 OC20247798
26264 California Ave., Hemet, CA 92545
Directions to here from:

Area Information 92545

Population:

41,531 Up .12% since 2010
Average Income:
$68,774
Average Age:
43Years
Gender:
47.97%Male
52.03%Female
Households:
15,98326.17% with children
Average Value:
$378,511
Occupancy:
62.09%Owned
37.91%Rented
13.45%Vacant
Education:
32.53%High School
7.21%Associate
8.84%Bachelor
5.64%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
12.68Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Jun 17, 2021
Transaction
Canceled - Residential Lots & LandCROC20247798
Price
$1,950,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Massoud Tajik with Realty Network

Based on information from the MLSListings MLS) as of 9/30/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 9/30/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes