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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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401 N Santa Fe Street, Hemet – $1,800,000

  • $1.8M Price
  • 2.47 Acres
  • 332 DOM
  • $1.8M Price
  • 2.47 Acres
  • 332 DOM

401 N Santa Fe Street

Precious Investment Opportunity in a medium sized high density apartment community! Preliminary approval projects of 60 units of apartments and up to 74 units buildable according the maximum right of R-3 Zoning. The property has an approximately 2.47AC (107,519 sqft) entirely flat land, located at the heart of City of Hemet, and frontage on both Santa Fe Street and E Central Avenue, rectangular shape, all utilities are available. The project been designed to 1bed/1bath 10%, 3bed/2bath 10%, and 2bed/2bath 80%, and is on the stage of approaching fully entitlement approval by the planning department in the next 2-3 months. Fully approval of entitlement may be deliverbales by the owner depends on the terms.

Essential Information

  • MLS® #TR25014447
  • Price$1,800,000
  • Bathrooms0.00
  • Acres2.47
  • TypeLand
  • StatusActive

Community Information

  • Address401 N Santa Fe Street
  • CityHemet
  • CountyRiverside
  • Zip Code92543

Area

SRCAR - Southwest Riverside County

Amenities

  • ViewNone

Exterior

  • Lot DescriptionTwentySixToThirtyUnitsAcre

Additional Information

  • Date ListedJanuary 20th, 2025
  • Days on Market332
  • ZoningR-3

Listing Details

  • AgentXiaoming Ye
  • OfficeCentaline Investment Inc
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Price Change History for 401 N Santa Fe Street, Hemet, (MLS® #TR25014447)

Date Details Change
Price Reduced from $2,100,000 to $1,800,000 $300,000 (14.29%)

Xiaoming Ye, Centaline Investment Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of December 18th, 2025 at 6:45pm PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.