$1,700,000
0 Fairview Ave & Palm Ave
Hemet, CA 92544
Riverside
County
Land
Property Type
About this home
Unparalleled high-density residential development opportunity awaits with this massive 13.1-acre multi-parcel master assembly located at Unassigned (Fairview Ave & Palm Ave) in Hemet, CA 92544. Priced at $1,700,000, this prime land asset features an entirely flat topography, an efficient "L-shaped" configuration, and valuable dual road frontage on both Fairview Avenue and Palm Avenue. Situated in the high-growth unincorporated community of Valle Vista, this parcel is inside the city of Hemet's direct sphere of influence, with land use designations for Medium Density Residential (MDR, 2-5 DU/AC). Bypass months of standard municipal onboarding delays. The site comes heavily de-risked with a completed Pre-Application Review (PAR250032) and finalized online applications detailing a high-yielding 74-unit residential community. The engineered master concept outlines a lucrative footprint consisting of 52 standalone detached modular units and 11 duplex units featuring high-demand 2 and 3-bedroom configurations. Geared toward maximum efficiency, the layouts are custom-tailored to leverage Senate Bill 35 (SB 35) and SB 423 guidelines, establishing a clear pathway for streamlined, ministerial approvals that bypass traditional lengthy environmental reviews and public hearings. Public water and sewer main connections are highly accessible directly in Fairview Avenue. Buy with total peace of mind: this property boasts a 100% flawless municipal track record spanning nearly four decades. Every single historic neighborhood enforcement and routine fire hazard assessment from 1993 through the 2020s is officially closed in compliance or verified non-billable. Crucially, building records confirm that historical utility service pedestals on-site received fully signed-off Building Final Inspections by the county building department. PORTFOLIO PACKAGE ADVANTAGE: This 5-parcel assembly (APNs: 549-130-008, 010, 011, 012, 013) can be purchased individually or as a master portfolio package deal for $3,000,000 total alongside the seller's nearby 8.90-acre lot. Acquire both to instantly command a 22+ acre footprint with a 125+ unit pre-reviewed residential pipeline. The seller is highly motivated, escrow-ready, and offers substantial price flexibility for strong, all-cash offers. Prior Conditional Use Permits have been cleanly withdrawn to guarantee a pristine, unencumbered title at close.
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Mortgage Estimate
$9,048/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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