4020 Charlton

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4020 Charlton

Hemet, CA 92544
Asking Price
$699K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans 5.96 acres of land for development
  • Asset is currently listed for sale at 699,000 dollars
  • The property is positioned within the city of Hemet
  • Land situated in a growing Southern California suburban market
  • Geographic location provides access to major regional transit networks

What's Special

This 5.96-acre parcel of land represents a significant development opportunity in Hemet, California. Situated within Riverside County, the property benefits from the region's steady population growth and increasing demand for residential or commercial land development. Its geographic position allows for convenient access to major regional transit routes, connecting the area to the broader Inland Empire logistics and economic corridor. Investors and developers will find the substantial lot size suitable for a range of site-specific projects, depending on local municipal regulations and utility availability. The surrounding environment consists of a growing suburban market, providing necessary infrastructure and proximity to regional amenities. With the current market trends favoring well-located acreage in Southern California, this site offers a platform for strategic long-term planning and potential project implementation to serve the expanding population of the Hemet valley.

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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