E Charlton

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E Charlton

Hemet, CA 92544
Asking Price
$500K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • This land parcel spans 4.78 acres in Hemet, California.
  • The property is currently offered at a price of $500,000.
  • The site is located at the E Charlton address.
  • The parcel is situated within the growing Inland Empire region.
  • This asset is suitable for various development or investment strategies.

What's Special

Priced at $500,000, this 4.78-acre parcel of land sits on E Charlton in Hemet, California. The site occupies a strategic position within Riverside County, a region characterized by its expanding residential base and consistent demand for development-ready acreage. As the Inland Empire continues to experience steady population growth and economic diversification, land holdings in this submarket present viable options for those seeking long-term holding potential or ground-up construction projects. Prospective buyers might consider the site for residential development, agricultural use, or other ventures permitted by local zoning regulations. The location offers proximity to regional transportation corridors, providing connectivity to the broader Southern California market. Given the scale of the tract, it provides sufficient space for a range of layout configurations, making it a functional acquisition for investors or developers focused on the Hemet area. The site is currently available for purchase for those looking to expand their footprint in this inland submarket.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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