New Chicago Ave - Residential LAND FOR SALE


Hemet, CA 92544- Outer San Jacinto436 SF
$3,250,000 USD
949-681-8388
New Chicago Ave, Hemet, CA for Sale
$3,250,000 USD
Residential LAND - FOR SALE
1/12
436 SF

New Chicago Ave
Hemet, CA 92544
Outer San Jacinto


HIGHLIGHTS

  • Fully Entitled, Shovel-Ready Apartment Development Opportunity | Winston Court is a ±6.22-acre infill development site
  • Underserved Rental Market with Strong Demand Drivers
  • Strategic Location in a High-Growth Inland Empire Submarket | The site is located along Florida Avenue (State Route 74)
  • Comprehensive Community Design with Modern Amenities | The approved plans include a leasing/recreational building
  • Attractive Opportunity in a Supply-Constrained Market | There are few active multifamily development opportunities in Hemet

OVERVIEW

Winston Court represents a fully entitled multifamily development opportunity encompassing 80 garden-style apartment units across ±6.22 acres. The site is approved for a gated community featuring a mix of one-, two-, and three-bedroom floor plans designed across multiple two-story buildings. Full discretionary approvals, including architectural, landscaping, recreational, and site development plans, have been secured. This shovel-ready project eliminates entitlement uncertainty and provides a clear path to immediate development. 6.22 Acres | 270,943 Lot SF | $11.99 Lot Price Per SF | APN 549-090-036 | R-3 Zoning | 0 New Chicago Ave, Hemet CA 92544 Email Mark Bridge - Mark.Bridge@matthews.com | David Harrington - License No. 02168060 (CA)

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/ACRE

$324,701,835/AC

PRICE/SF

$7,454 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

FULLY ENTITLED LAND | 80 UNITS | HEMET

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.01 AC

LAND SF

436 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3

APN/PARCEL ID

549-090-036

ASK ABOUT THIS PROPERTY

Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.