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$739,000
Est. payment /mo
1.86 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26827011
HOA Y/N No
Lot Size 1.860 Acres
Acres 1.86
Property Sub-Type Unimproved Land
Property Description
We are pleased to present a high-density residential development opportunity in San Jacinto, located in an established neighborhood directly across from San Jacinto High School. The site benefits from strong local demand drivers and continued residential expansion throughout the San Jacinto Valley. The offering consists of a flat, infill parcel totaling 81,022 square feet (1.86 acres), zoned Residential High-Density (RH), allowing for up to 22 units per acre with full ADU potential. This supports an estimated buildout of approximately 40 units plus ADUs, with the ability to scale to 50+ units upon full densification (Buyer to Verify). The zoning allows for apartments, townhomes, and other planned residential developments, providing flexibility for a range of project types. San Jacinto continues to experience steady population growth, driven by affordability and migration from higher-cost Southern California markets. The area maintains a renter base of approximately 40% to 45%, with average household incomes in the mid-$60,000s to low-$70,000s, supporting long-term demand for new multifamily housing. Surrounding the site, multiple residential communities by national homebuilders such as KB Home and LGI Homes are actively delivering several hundred new homes across various phases, reinforcing the area's growth trajectory and expanding the local housing base. The property is located near major national retailers including Walmart Supercenter, Stater Bros. Markets, Walgreens, and Starbucks, providing convenient access to daily amenities. Additional demand drivers include Mt. San Jacinto College and Hemet Global Medical Center, supporting a diverse tenant base of students, healthcare workers, and local residents. Offered at $739,000, or approximately $9.12 per square foot and $18,475 per buildable unit, the site presents a strong opportunity for developers seeking an infill location within a growing Inland Empire submarket, supported by expanding housing supply, stable demographics, and continued economic growth.
Location
State CA
County Riverside
Zoning R3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 434353023
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Listed by Oscar Diaz • Marcus & Millichap
NEARBY SCHOOL & BUSINESS
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