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$1,600,000 -$200,000 (-11.11%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 2.47 Acres
  • Updated 16 hours ago
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Precious Investment Opportunity in a medium sized high density apartment community! Preliminary approval projects of 60 units of apartments and up to 74 units buildable according the maximum right of R-3 Zoning. The property has an approximately 2.47AC (107,519 sqft) entirely flat land, located at the heart of City of Hemet, and frontage on both Santa Fe Street and E Central Avenue, rectangular shape, all utilities are available. The project been designed to 1bed/1bath 10%, 3bed/2bath 10%, and 2bed/2bath 80%, and is on the stage of approaching fully entitlement approval by the planning department in the next 2-3 months. Fully approval of entitlement may be deliverbales by the owner depends on the terms.

Full Property Details for 401 N Santa Fe St

General

  • Price: $1,600,000
  • Status: Active
  • Type: Lots/Land
  • Source: MRMLS
  • MLS ID: TR25014447
  • Updated: 4/27/2026
  • Days on Market: 463 days
  • Added to Site: 463 day(s) ago

Location

  • Area: SRCAR - Southwest Riverside County
  • County: Riverside
  • Development Name: SRCAR - Southwest Riverside County
  • Driving Directions: Santa Fe St, E Central Ave
  • Dist. to Beach: See Remarks (Miles)

Utilities

  • Water: See Remarks
  • Dist. to Water: See Remarks

Lot Features

  • Property View: None
  • Lot Size (Acres): 2.47
  • Lot Size (Sq. Ft.): 107,593
  • Lot Size Source: Assessor
  • Zoning: R-3
  • Lot Description: Street Lights, Urban, Sidewalks

Financial Considerations

  • Price Per Sq. Ft.: $14.87

Listed by Centaline Investment Inc, Xiaoming Ye

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Listing agent

— 401 N Santa Fe St —

  • Xiaoming Ye

    Centaline Investment Inc

626-238-8643

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 N Santa Fe St

School District:Hemet Unified School District
NameGradesDistance
Jacob Wiens Elementary School
935 East Campus Way, Hemet, CA 92543
K-50.1 mi
Rancho Viejo Middle School
985 South Cawston Avenue, Hemet, CA 92545
6-83.4 mi
Tahquitz High School
4425 Titan Trail, Hemet, CA 92545
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 401 N Santa Fe St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/27/2026
Price Reduced
$1,600,000
-11.11%
MLS
5/07/2025
Price Reduced
$1,800,000
-14.29%
MLS
1/20/2025
Listed
$2,100,000
322.11%
MLS
3/10/2022
Sold
$497,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 401 N Santa Fe St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,367
2%
$527,950
2%
2024
$6,242
1%
$517,599
2%
2023
$6,184
64%
$507,450
72%
2022
$3,762
2%
$294,855
2%
2021
$3,705
—
$289,074
1%
2020
$3,723
2%
$286,110
2%
2019
$3,651
-11%
$280,500
-13%
2018
$4,090
1%
$323,209
2%
2017
$4,045
1%
$316,872
2%
2016
$4,019
—
$310,659
2%
2015
$4,008
4%
$305,994
2%
2014
$3,845
-22%
$300,000
-24%
2013
$4,921
—
$394,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 401 N Santa Fe St

$
Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Centaline Investment Inc, Xiaoming Ye

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401 N Santa Fe Street, Hemet, CA 92543 (MLS# TR25014447) is a Lots/Land property with a lot size of 2.4700 acres. 401 N Santa Fe Street is currently listed for $1,600,000 and was received on January 20, 2025. Want to learn more about 401 N Santa Fe Street? Do you have questions about finding other Lots/Land real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

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