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  • MLS#: NDP2509185 ( )
  • Street Address: 0 Stetson Avenue
  • Viewed: 1
  • Price: $3,888,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 18
  • 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.
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Features
Additional Parcels Description
  1. 44630001100
Association Fee
  1. 0.00
Distancetowatercomments
  1. In Street
Lot Features
  1. 21-25 Units/Acre
Parcel Number
  1. 44630000500
View
  1. Neighborhood
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/NDP2509185
Zoning
  1. Low-Density Multi-Family