Description
DEVELOPMENT READY & PORTFOLIO PACKAGE OPPORTUNITY! Unlock the massive cash-flow potential of this premier 8.90-acre development site located at 44010 Olive Ave in Hemet, CA. Tucked into the highly desirable, unincorporated Valle Vista sphere of influence, this expansive, flat parcel boasts rare and flexible R-T (Mobilehome Subdivision) zoning. It represents the ultimate blank canvas for high-density manufactured, modular, or affordable housing communities. Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record-decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play. INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast-opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!
Details
| MLS # | IG26219633 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 17 |
| Listing Provided By | KW The Lakes | Pablo Cornejo |
Features
| Acreage | 8.90 |
|---|---|
| Property View | Yes |
Exterior
| Lot Features | Level, Street Level |
|---|
Utilities
| Utilities | Overhead Utilities |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Foothills, Gutters, Mountainous, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Hemet |
| Zip Code | 92544 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92544) | |
Price: $1,300,000 low | high Med: $449,000 On site: 17 low | high Med: 113.5 | |
Market Activity 92544
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Hemet |
| Zip Code | 92544 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92544) | |
Price: $1,300,000 low | high Med: $449,000 On site: 17 low | high Med: 113.5 | |
