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1230 W Devonshire Ave 0.63 Acres of Residential Land Offered at $300,000 in Hemet, CA 92543
EXECUTIVE SUMMARY
*High-Density Zoning: The R3 multi-family zoning allows for up to 30 dwelling units per acre, providing significant development potential for a variety of multi-family projects.
*Corner Lot: The property benefits from its corner location, offering excellent visibility and access from both W. Devonshire Avenue and N. Elk Street.
*Flat Topography: The entirely flat topography of the property simplifies development and reduces construction costs.
*Proximity to Major Employment Centers: The property is conveniently located near major employment centers such as Corona, Riverside, and San Bernardino, making it an attractive location for working-class families.
*Hemet is a growing city located in Riverside County's San Jacinto Valley, offering a desirable combination of rural character and proximity to major employment centers. The city has a diverse population and a strong economy, making it an attractive location for both residents and businesses.
* With its high-density zoning, corner location, flat topography, and proximity to major employment centers, this property is well-positioned to support a variety of multi-family projects.
** It is recommended that potential buyers conduct their own due diligence and consult with qualified professionals before making any investment decisions.
*Corner Lot: The property benefits from its corner location, offering excellent visibility and access from both W. Devonshire Avenue and N. Elk Street.
*Flat Topography: The entirely flat topography of the property simplifies development and reduces construction costs.
*Proximity to Major Employment Centers: The property is conveniently located near major employment centers such as Corona, Riverside, and San Bernardino, making it an attractive location for working-class families.
*Hemet is a growing city located in Riverside County's San Jacinto Valley, offering a desirable combination of rural character and proximity to major employment centers. The city has a diverse population and a strong economy, making it an attractive location for both residents and businesses.
* With its high-density zoning, corner location, flat topography, and proximity to major employment centers, this property is well-positioned to support a variety of multi-family projects.
** It is recommended that potential buyers conduct their own due diligence and consult with qualified professionals before making any investment decisions.
PROPERTY FACTS
| Price | $300,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| Sale Condition | Build to Suit | Total Lot Size | 0.63 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R-3 - The R3 multi-family zoning allows for up to 30 dwelling units per acre, | ||
| Price | $300,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.63 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - The R3 multi-family zoning allows for up to 30 dwelling units per acre, |
1 LOT AVAILABLE
Lot
| Price | $300,000 | Lot Size | 0.63 AC |
| Price Per AC | $476,190.48 |
| Price | $300,000 |
| Price Per AC | $476,190.48 |
| Lot Size | 0.63 AC |
Corner Lot. Prime Location: The property is situated in a well-established residential neighborhood just a few blocks west of Downtown Hemet, offering convenient access to shopping, dining, and entertainment options.
DESCRIPTION
The property is located within the Hemet Unified School District. The property is served by public water and sewer. The property is located in a low-crime area.
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1230 W Devonshire Ave
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