Hemet, CA 92545
Riverside County View Map
This auction consists of a +/-5-acre (208,217 SF) parcel of land located in the prime redevelopment area of Hemet, CA. The property is situated along the highly traveled throughfare of North Sanderson Avenue. Currently zoned Low Density Residential, it is expected that this parcel will be part of the City's "consistency zoning" since the abutting property has been re-zoned Neighborhood Commercial, making it a prime candidate for a similar use.
The property is one of the few untouched/redeveloped parcels in the area. In recent years the surrounding area has experienced a thriving development of new homes, schools, churches and retail business.
Currently the property is vacant and has a 2-bedroom, 2-bath home that is in need of interior cosmetic repair. The owner is selling this asset on land value alone.
The property is only 6 miles north of Diamond Valley Lake and 1 mile from Crossroad Shopping Center, Village West Shopping Center and Hemet Valley Shopping Center. Hemet, which is located in Riverside County, is 30 miles from downtown Riverside in the Inland Empire, 40 miles west of Palm Springs, 52 miles southeast of Ontario and 102 miles east of Los Angeles International Airport.
Downloadable DocumentsAuction Information
- Bid Deposit Form Last Updated 8 Dec 11:38 pm PST
- Broker Participation Last Updated 27 Feb 5:03 pm PST
- Terms and Conditions of Sale (Read Prior To Bidding) Last Updated 27 Feb 6:08 pm PST
- Hemet General Plan Map Last Updated 27 Feb 6:10 pm PST
- Property Tax Bill Last Updated 16 Oct 4:30 pm PDT
- Zoning Correspondence with City Last Updated 14 Mar 5:48 pm PDT
- Sample Purchase Agreement & Auction Addendum Last Updated 29 Mar 11:08 am PDT
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There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you choose to obtain financing from a third-party lender and the third-party lender is unable, for any reason, to provide you with a loan, then your bid shall be considered an ALL-CASH offer.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
Broker of Record for this property: LFC Marketing Services, Inc, CA license #01197453
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