1
Map
$124,999
●
Land -
For Sale
44300 French Circle
Hemet, CA 92544
Studio
0 Bath
$614
Est. Monthly
About This Property
Build Your Vision on This 0.52-Acre Lot in Hemet, CA! Discover the
potential of this 22,651 sq. ft. vacant lot located on French Cir
in Hemet, Riverside County. With approximately 40 feet of road
frontage, a cleared landscape, and public water and sewer
availability, this property provides an opportunity for buyers
looking to invest in land or explore future development
possibilities. Zoned RA, this property may appeal to investors,
land buyers, or those looking to secure a piece of Southern
California real estate. The sloped terrain adds character to the
landscape and may provide possibilities for a thoughtfully designed
project, subject to local planning and building requirements.
Unit Size
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Days on Market
3 days
Land Size
0.52 acres
Price per sqft
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Property Type
Land
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 days ago (CLAW #26102102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Beycome Brokerage Realty Inc. | $124,999 | |
| Listed by Beycome Brokerage Realty Inc. | |||
| Sep 26, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Price Decreased |
$115,000
↓ $19K
(14.2%) | |
| Price Decreased | |||
| Sep 24, 2021 | Listed by Century 21 McDaniel & Associa | $134,000 | |
| Listed by Century 21 McDaniel & Associa | |||
| | |||
|
Oversize .75 ace residential view lot with water there Utilities at curb nice upscale neighborhood in east Hemet
| |||
Property Highlights
Exterior Details
Lot Size Area: 22651
Lot Size Units: Square Feet
Lot Size Acres: 0.52
Lot Size Square Feet: 22651
Lot Size Dimensions: 40 x 187
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Valle Vista
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Listed by: Jeffrey Sklar, Beycome Brokerage Realty Inc.
Last Updated: 2 days ago
Data Source: CRMLS, MLS# 26102102
Last Updated: 2 days ago
Data Source: CRMLS, MLS# 26102102
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