Back Chambers Street
Off Market

Chambers Street

Hemet CA 92543

182952 sq. ft.
Land
Last sold for $375,000
Mark KojacMark Kojac, last sold this property on 16 July 2026 after 380 days on market.

Overview

Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing. Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth. Key Highlights: Zoned R3 Multifamily Medium to High Density Opportunity Zone Significant tax benefits for investors 4.2 Acres Ideal for apartments, senior housing, residential or mobile home park. Utilities nearby & accessible location High-Growth Area Strong demand for housing and senior care Dont miss this rare investment opportunity!

Features

182952 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Hemet over the last 12 months, the estimated median property value of Chambers Street is $125k.

Median value
$125k
Estimated value range
$50k - $375k
Median days on market
143
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hemet. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Chambers Street

2026
Sold
$375,000
16 Jul 2026 by Mark Kojac, of First Team Real Estate
2020
Sold
$56,000
20 Mar 2020 by Denise Wendland, of Coldwell Banker Kivett-Teeters

Happy sellers in Hemet

91%
91% of sellers in Hemet reported that their sale price either exceeded or met their price expectations.

Hemet stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Hemet over the last 12 months.

Local market activity for land plots in Hemet

In the last 12 months, 8 land plots similar to Chambers Street, have been sold.

This represents a 10% increase in land plots sales when compared to the previous 12 months.

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