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Investment Highlights

  • Will Sell Significantly Below Market
  • Prime Locations/High Visibility

Executive Summary

SELLING SIGNIFICANTLY BELOW MARKET VALUE
MINIMUM BID: $999,000
FRE & Lee & Associates are pleased to present the Online event for the rare opportunity to purchase a significantly below market 25+ acre multi-family development portfolio (3 properties) in prime locations along Stetson Avenue in Hemet, CA
Portfolio consists of three (3) separate multi-family development sites including: 1. Senna - A 216-Unit Multi-family Development Site totaling 10.10 Acres. 2. Aster - A 228-Unit Multi-family Development Site totaling 10.07 Acres. 3. A 5.32 Acre Multi-family Development site adjacent to Aster
PLEASE VISIT THE PROPERTY'S AUCTION WEBSITE AT WWW.FRE.com/557D6

Property Facts

Price $999,000
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Land Area 28.20 AC

Properties

Property Name / Address Property Type Size Individual Price
395 E Stetson Ave, Hemet, CA 92543 Land 10.10 AC -
W Stetson Ave & S Elk Street, Hemet, CA 92543 Land 10.09 AC -
SEC W Stetson Ave & S Lyon Ave, Hemet, CA 92543 Land 8.01 AC -
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  • Listing ID: 40409620

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 600+ Unit Entitled Multi-Family, Hemet, CA

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