Multi-Family
San Jacinto Development
640 Idyllwild Dr, San Jacinto, CA 92583
Listing Price: $739,000
Investment Overview
Marcus & Millichap is pleased to present a premier high-density residential development opportunity located in San Jacinto, California, positioned directly across from San Jacinto High School in an established, quiet neighborhood.
The offering consists of a flat, infill parcel totaling ±81,022 square feet (±1.86 acres) zoned Residential High-Density (RH) within the City of San Jacinto, supporting up to 22 dwelling units per acre with full ADU potential — enabling a total buildout of approximately 40 units plus ADUs, with a clear path to 50+ units upon full densification. The RH designation permits multi-family dwellings, townhomes, apartment buildings, and planned residential developments, offering flexibility for a range of mid-to-high density project types (Buyer to Verify).
With utilities already at the street and recent residential development activity in the immediate vicinity, the site is well-positioned for near-term construction with reduced infrastructure risk. The property's proximity to San Jacinto High School — serving over 2,500 students — combined with Mt. San Jacinto College just 1.5 miles away and Hemet Global Medical Center, a 327-bed hospital and one of the largest private employers in the San Jacinto Valley, creates a deep and diverse built-in rental base spanning students, faculty, healthcare workers, and local families.
Offered at $739,000 — equating to just $9.12 per square foot of land and $18,475 per buildable unit — the site presents an exceptional value for developers seeking scalable, efficient infill product in the Inland Empire. Recent rezoning activity enhances the development upside, and owner financing is available at 7.99%, providing an accessible entry point for both seasoned developers and emerging builders. Walkable to local schools and amenities, and with convenient access to major regional highways, the property offers the rare combination of neighborhood tranquility and strong regional connectivity to employment centers throughout the greater Inland Empire.
Investment Highlights
- HIGH-DENSITY RESIDENTIAL DEVELOPMENT: Zoned and ready. The next owner steps in with RH zoning already in place and a clear path to building permit for 40+ units with full ADU potential.
- COMPELLING LAND BASIS AT $18,475 PER BUILDABLE UNIT: Offered at $739,000 — just $9.12 per square foot of land and $18,475 per buildable unit.
- 0 BUILDABLE UNITS PLUS ADUs — PATH TO 50+ UNITS: RH zoning supports up to 22 units per acre with full ADU potential.
Exclusively Listed By
Financing By
Listing Price: $739,000
Investment Highlights
- HIGH-DENSITY RESIDENTIAL DEVELOPMENT: Zoned and ready. The next owner steps in with RH zoning already in place and a clear path to building permit for 40+ units with full ADU potential.
- COMPELLING LAND BASIS AT $18,475 PER BUILDABLE UNIT: Offered at $739,000 — just $9.12 per square foot of land and $18,475 per buildable unit.
- 0 BUILDABLE UNITS PLUS ADUs — PATH TO 50+ UNITS: RH zoning supports up to 22 units per acre with full ADU potential.
Investment Overview
Marcus & Millichap is pleased to present a premier high-density residential development opportunity located in San Jacinto, California, positioned directly across from San Jacinto High School in an established, quiet neighborhood. The offering consists of a flat, infill parcel totaling ±81,022 square feet (±1.86 acres) zoned Residential High-Density (RH) within the City of San Jacinto, supporting up to 22 dwelling units per acre with full ADU potential — enabling a total buildout of approximately 40 units plus ADUs, with a clear path to 50+ units upon full densification. The RH designation permits multi-family dwellings, townhomes, apartment buildings, and planned residential developments, offering flexibility for a range of mid-to-high density project types (Buyer to Verify). With utilities already at the street and recent residential development activity in the immediate vicinity, the site is well-positioned for near-term construction with reduced infrastructure risk. The property's proximity to San Jacinto High School — serving over 2,500 students — combined with Mt. San Jacinto College just 1.5 miles away and Hemet Global Medical Center, a 327-bed hospital and one of the largest private employers in the San Jacinto Valley, creates a deep and diverse built-in rental base spanning students, faculty, healthcare workers, and local families. Offered at $739,000 — equating to just $9.12 per square foot of land and $18,475 per buildable unit — the site presents an exceptional value for developers seeking scalable, efficient infill product in the Inland Empire. Recent rezoning activity enhances the development upside, and owner financing is available at 7.99%, providing an accessible entry point for both seasoned developers and emerging builders. Walkable to local schools and amenities, and with convenient access to major regional highways, the property offers the rare combination of neighborhood tranquility and strong regional connectivity to employment centers throughout the greater Inland Empire.
Exclusively Listed By
Financing By