44010 Olive , Hemet, CA 92544
$1,300,000
Est. Payment: $6,745.42/mo
8.9 Acres
Status: active | Days on site: 21
Get Pre-Qualified
IGKKWL01 - IGCORNPAB
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

DEVELOPMENT READY & PORTFOLIO PACKAGE OPPORTUNITY! Unlock the massive cash-flow potential of this premier 8.90-acre development site located at 44010 Olive Ave in Hemet, CA. Tucked into the highly desirable, unincorporated Valle Vista sphere of influence, this expansive, flat parcel boasts rare and flexible R-T (Mobilehome Subdivision) zoning. It represents the ultimate blank canvas for high-density manufactured, modular, or affordable housing communities. Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record—decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play. INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast—opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!

Highlights

Listed by Pablo Cornejo , 949-750-5050 KW The Lakes , 951-816-6565. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
8.9

County

Riverside

Area

SRCAR - Southwest Riverside County

Listing ID

IG26219633

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:Level,Street Level,No Land Lease
Sewer:Public Sewer
Principal Interest
$6,745
Taxes
$829

Home Price

$1,300,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,745.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,745.42 $828.75 $0.00 $7,574.17
Yearly $80,945.04 $9,945.00 $0.00 $90,890.04
Total $2,428,351.27 $298,350.00 $0.00 $2,726,701.27

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Hemet, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T19:34:22.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS