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0 Stetson Avenue, Hemet, CA 92543
Priced at Only: $3,240,000
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Address: 0 Stetson Avenue, Hemet, CA 92543
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  • MLS#: NDP2509185 ( )
  • Street Address: 0 Stetson Avenue
  • Viewed: 13
  • Price: $3,240,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 139
  • Acreage: 10.10 acres
  • Additional Information
  • County: RIVERSIDE
  • City: Hemet
  • Zipcode: 92543
  • Provided by: Lee & Associates
  • Contact: Alexandra Alexandra
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The subject property consists of two parcels totaling approximately 9 acres. There are currently plans for a 216 unit multi family development called Senna Community. The unit mix consists of 9 studio units, 90 1 bed/ 1 bath units, and 117 2 bed/2 bath units. The property is zoned R 2, Low density Multiple Family Residential, with a maximum density of 8 du/acre. The General Plan designation is Medium Density Residential with a maximum density of 18 du/acre. The Housing Accountability Act authorizes development on the properties to utilize the higher General Plan Density as opposed to the lower Zoning density. The project proposes to provide 5% Very Low Income units, which entitles the project to a 20% density bonus. The property offers a unique opportunity for a builder to bring much needed housing to the City of Hemet.
Features
Additional Parcels Description
  1. 44630001100
Association Fee
  1. 0.00
Days On Market
  1. 136
Distancetowatercomments
  1. In Street
Lot Features
  1. 21-25 Units/Acre
Parcel Number
  1. 44630000500
View
  1. Neighborhood
Views
  1. 13
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/NDP2509185
Zoning
  1. Low-Density Multi-Family
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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