Seller's Agent in 2025
FATOU DIALLO
Top Producers Realty Partners, Inc.
(909) 816-0436
28 Total Sales
Estimated Value: $564,000 - $660,000
1
Bed
1
Bath
2,000
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 1-Story Property
About This Home
As of February 2025Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities*
Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency.
Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION.
Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities. Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!
Last Agent to Sell the Property
Top Producers Realty Partners, Inc. Brokerage Phone: 909-816-0436 License #01427528 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 5,663 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry in Kitchen
- Gas And Electric Dryer Hookup
Utilities
- Central Heating
Listing and Financial Details
- Legal Lot and Block 2 / 11
- Assessor Parcel Number 443223018
- $150 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,150
- Trash Expense $1,440
- Water Sewer Expense $2,400
- New Taxes Expense $5,472
- Operating Expense $10,462
- Gross Income $62,400
- Net Operating Income $51,938
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2024
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
7.04%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 21, 2020
Closed on
Mar 5, 2021
Sold by
Bought by
Seller's Agent
Sarah Park
Team Spirit Realty, Inc.
Buyer's Agent
Bill Triplett
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
List Price
$488,000
Sold Price
$450,000
Premium/Discount to List
-$38,000
-7.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$337,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,750
Interest Rate
3.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 9, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 15, 2009
Sold by
Bought by
Purchase Details
Closed on
Aug 15, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 9, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 13, 2003
Sold by
Bought by
Purchase Details
Closed on
Nov 6, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
8.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 22, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,200
Interest Rate
6.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 22, 1994
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.6%
Mortgage Type
Commercial
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $650,000 | Orange Coast Title | ||
| $450,000 | California Best Title | ||
| $229,000 | Title365 Company | ||
| $110,000 | Landsafe Title Simi Valley | ||
| $445,501 | None Available | ||
| -- | Commonwealth Land Title Co | ||
| -- | Landamerica Commonwealth Tit | ||
| -- | Multiple | ||
| -- | -- | ||
| $239,000 | Orange Coast Title Co | ||
| $157,000 | Southland Title Corporation | ||
| -- | Southland Title Corporation | ||
| -- | Gateway Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $487,500 | ||
| Previous Owner | $337,500 | ||
| Previous Owner | $171,750 | ||
| Previous Owner | $384,000 | ||
| Previous Owner | $215,100 | ||
| Previous Owner | $166,200 | ||
| Previous Owner | $50,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $650,000 | 0.0% | $325 / Sq Ft | |
| 12/22/2024 12/22/24 | Off Market | $650,000 | -- | -- | |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- | |
| 11/22/2024 11/22/24 | For Sale | $678,000 | +50.7% | $339 / Sq Ft | |
| 03/11/2021 03/11/21 | Sold | $450,000 | 0.0% | $225 / Sq Ft | View Prior Sale |
| 02/18/2021 02/18/21 | Pending | -- | -- | -- | |
| 07/12/2020 07/12/20 | Price Changed | $450,000 | -7.8% | $225 / Sq Ft | |
| 06/21/2020 06/21/20 | For Sale | $488,000 | +113.1% | $244 / Sq Ft | |
| 06/24/2015 06/24/15 | Sold | $229,000 | -6.5% | -- | View Prior Sale |
| 04/21/2015 04/21/15 | Pending | -- | -- | -- | |
| 02/02/2015 02/02/15 | For Sale | $245,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,540 | $487,092 | $108,242 | $378,850 |
| 2023 | $5,540 | $468,180 | $104,040 | $364,140 |
| 2022 | $5,366 | $459,000 | $102,000 | $357,000 |
| 2021 | $3,047 | $254,258 | $61,064 | $193,194 |
| 2020 | $3,018 | $251,652 | $60,438 | $191,214 |
| 2019 | $2,955 | $246,718 | $59,253 | $187,465 |
| 2018 | $2,866 | $241,882 | $58,093 | $183,789 |
| 2017 | $2,833 | $237,140 | $56,954 | $180,186 |
| 2016 | $2,813 | $232,491 | $55,838 | $176,653 |
| 2015 | $1,525 | $118,134 | $69,807 | $48,327 |
| 2014 | -- | $115,822 | $68,441 | $47,381 |
Source: Public Records
Agents Affiliated with this Home
-
FATOU DIALLO
-
Erick Montes
Buyer's Agent in 2025
Erick Montes
eXp Realty of California, Inc.
(619) 274-3601
27 Total Sales
-
Sarah Park
Seller's Agent in 2021
Sarah Park
Team Spirit Realty, Inc.
(714) 349-0069
9 Total Sales
-
B
Buyer's Agent in 2021
Bill Triplett
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
-
D
Seller's Agent in 2015
Derek Walkington
Miramar International Calloway
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24236462
APN: 443-223-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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