0 California Ave
Hemet, CA 92545
- – beds
- – baths
- 1.1 mil sqft
- ~26 acre lot
- $4 per sqft
- – on site
*** Lucrative Investment Opportunity!*** Now available— TWO PREMIUM PARCELS: 465-020-004 and 465-020-005 are located in the highly desirable area of West Hemet, Riverside County. Situated near the intersection of Florida Ave (Hwy 74) and California Ave, these parcels present a rare opportunity for multi-family development or other high-demand mixed-use projects. Zoning: Currently RT20,000 & RA (Residential Agricultural) Potential for Multifamily Development — Rezoning to Zones 4 and 5 in process. Seller will complete rezoning prior to close of escrow. Land Use: Designated as Mixed Use (MU). Utilities to site: electricity & gas, 12” waterline & 24” recycled waterline, 21” sewer line (Stetson Ave) & 15” sewer line (Florida Ave). Dual paved access roads (north and south. Signalized intersection at California Ave & Hwy 74 nearby. Easy connectivity to Hwy 74 and Hwy 79. Breathtaking views of the surrounding hills and mountains. Minutes from: Diamond Valley Lake, Four Seasons Golf Course, Florida Promenade Shopping Center, Hemet Auto Mall and Hemet-Ryan Airport. In proximity to established residential and commercial developments. BUYER TO VERIFY ALL INFORMATION with the county of Riverside, all utility providers and other regulatory agencies. Asking price is for both parcel
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Last updated May 22, 2025
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MLS# CROC25110515 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:1119492
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Living Area Units:Square Feet
Location
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Directions:Hwy 74 and California Ave.
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:465020005
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Zoning:R-T-
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Lot Features:Corner Lot
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Lot Size Area:25.7
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Lot Size Acres:25.7
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Lot Size SqFt:1119492
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Listing Terms:Cash
Utilities
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Utilities:Other Water/Sewer
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Electric On Property:true
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/20/25
May 20, 2025
|
Listed / Active | BRIDGE | $5,500,000 |
