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    26264 California Avenue

    Hemet, CA 92545
    • $1,950,000
    • STATUS: Active
    • ON SITE: 166 days
    • ID#: OC20247798
    UPDATED: 53 min ago
    $1,950,000
    • 0
      BEDS
    • 25.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    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 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. VIDEO TOUR: https://youtu.be/Qii6uFhbjmk

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T15:42:23.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Amazing Grace Real Estate | Coldwell Banker Realty. Licensed in the State of California, USA.
    www.amazinggracerealestate.com/homes/112258241
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    26264 California Avenue Hemet, CA 92545

    • Price: $1,950,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: OC20247798
    0
    Beds
    0
    Baths
    0
    ½ Baths
    25.7
    Acres
    Neighborhood:
    Srcar - Southwest Riverside County
    County:
    Riverside
    Area:
    Srcar - Southwest Riverside County
    Property 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 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. VIDEO TOUR: https://youtu.be/Qii6uFhbjmk
    Exterior Features

    Lot Features 11-15 Units/AcreGentle SlopingRectangular Lot Sign On Property YN No View HillsMountain(S)Panoramic View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features FishingGolfHikingHuntingNear National Forest Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner May CarrySubmit New Construction YN No Senior Community YN Yes Sewer Public Sewer Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning R-T-20000

    Listing provided courtesy of Massoud Tajik of Realty Network


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T15:42:23.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Amazing Grace Real Estate | Coldwell Banker Realty. Licensed in the State of California, USA.
     
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    301 N. Canon Drive
    Beverly Hills CA, 90210