2750 W Devonshire AVE Active

Hemet,CA 92545

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW24127509

Year Built 1963

Annual Tax Amount $4,685

Tax Year 2023

Lot Size 1.860 Acres

Property Description

The Hemet San Jacinto Valley has approximately 167,614 residents in 61.41 square miles and the cities revenue surpasses $110,172,135. Fantastic location on the corner of North Kirby Street and Devonshire Avenue in the City of Hemet. The sale includes the 1.86 acres, nursery and single-family residence. Cagliero Ranch Nursery opened for business in 2003 and is well established in the community. There is a CUP, Conditional Use Permit, to operate as a Nursery. The land is zoned R3, multiple family residential with a maximum 30 (du/ac) dwellings per acre. Land Use designation is (HDR) High Density Residential allowing 18.1-30 (du/ac) dwellings per acre. It's possible to develop up to 55 units, apartments or condominiums. The single-family residence was built in 1963 and features 3 bedrooms, 2 bathrooms, 2883+/- square feet of living space. This home is currently occupied by a tenant. The property has a working well and has City water. Financials are available upon request, please do not disturb the tenants and employees.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R3

Interior

Heating Central

Cooling Central Air

Laundry Inside

Exterior

Fence Chain Link

Utilities Available Electricity Connected,Phone Connected,Sewer Connected,Water Connected

Building

Lot Description 36-40 Units/Acre,Corner Lot,Lot Over 40000 Sqft,Level,Rectangular Lot,Flat

Story 1

Water Public,Well

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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