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W Johnston Ave & S Gilbert St - PRICE REDUCTION. Residential Development Land 11.48 Acres of Residential Land Offered at $1,500,000 in Hemet, CA 92543

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Executive Summary

Motivated Seller. All reasonable offers will be considered.

Property Facts

Price	$1,500,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Apartment Units
No. Lots	1	Total Lot Size	11.48 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4 - Per the official zoning map, City of Hemet: R-4 High Density Multiple Family Residential (Maximum 45 DU/Acre)

Price	$1,500,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units
Total Lot Size	11.48 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4 - Per the official zoning map, City of Hemet: R-4 High Density Multiple Family Residential (Maximum 45 DU/Acre)

1 Lot Available

Lot

Price	$1,500,000	Lot Size	11.48 AC
Price Per AC	$130,662.02

Price	$1,500,000
Price Per AC	$130,662.02
Lot Size	11.48 AC

PRICE REDUCTION. MOTIVATED SELLER. 11.48 Acres for sale. Zoned R-4.

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Fairly walkable

50/100

Moderately drivable

70/100

Limited public transit

20/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 446-280-017 446-280-005 446-280-016	Improvements Assessment	$0
Land Assessment	$1,032,633	Total Assessment	$1,032,633

Property Taxes

Parcel Numbers

Multiple

446-280-017
446-280-005
446-280-016

Land Assessment

$1,032,633

Improvements Assessment

Total Assessment

$1,032,633

(310) 844-7806 x17

Contact

Matt Ellis
AND Asset Management

Listing ID: 37543874
Date on Market: 9/4/2025
Last Updated:
Address: W Johnston Ave & S Gilbert St, Hemet, CA 92543

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W Johnston Ave & S Gilbert St, Hemet, CA for sale Building Photo- Image 1 of 3 — Aerial

W Johnston Ave & S Gilbert St, Hemet, CA for sale Building Photo- Image 2 of 3 — Zoning

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