*** 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 parcels.
MLS #
CROC25110515
MLS Source
California Regional MLS
Days on Site
5
Fencing
None
HOA Fee
$0
Zoning
PRKG
0 California Ave is in Hemet, CA 92545. This Land is currently priced at $5,500,000.
This address can also be written as 0 California Ave, Hemet, CA 92545.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 22, 2025. For the most current information, please contact Darlene Scarlato