44010 Olive, Hemet, CA 92544

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
MLS#
IG26219633
Lot Size
387,684
Acres
8.90
Lot Location
Level, Street Level
Days on Market
1
Property Type
Land

Property 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!

Additional Information

View
Hills, Meadow, Mountain(s), Neighborhood
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Pablo Cornejo (Pablocornejo@kw.com) from Listing Office: KW The Lakes.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.