235 E 7th St San Jacinto, CA 92583
Heritage NeighborhoodEstimated payment $4,048/month
Highlights
- Laundry Room
- Central Heating and Cooling System
- 1-Story Property
- Foothills
About This Home
This 4Plex is located in the City of San Jacinto. The City of San Jacinto is located in the San Jacinto Valley which also includes the City of Hemet. The trade area of the San Jacinto Valley is approximately 200,000 people.
This 4Plex is located in an excellent location. It's on 7th street which will take you directly out of town to wherever else your going to within the Inland Empire or Southern California. The immediate location is extremely convenient and within walking distance of Walmart, Stater Bros, and Walgreens. Bus service is right out front on 7th Street.
This 4Plex consists of four 2 bedrooms 1 baths. There are tile floors and ceiling fans throughout. There is a laundry room on the property that is currently being used as an maintenance room. The laundry room has hook ups for 2 washers and 2 dryers. There is also carport parking.
These units are really, really, nice inside. Recent upgrading and remodeling throughout. Just check out the pictures!!!
While tenants actual rents are low, they are month to month and can be raised to market rent through the Just Cause Rule. One can see market rents AT RENT COMPS in SUPPLEMENTS ATTACHED. The rent comp is a half block away. Please note market rents, per rent comp, are $1,800 monthly!!
The returns at market rents are robust! At market rents, it's putting out $86,400 annual gross income, an 8.10 GRM, a 10.64% Cap Rate, and an awesome 26.17% Cash on Cash Return. For income, expenses, and returns, PLEASE SEE SUPPLEMENTS ATTACHED.
This is an incredible buy. The closest comp I could find is one mile south at 306 N Buena Vista Street in Hemet. It's inferior in that it's four 1 beds 1 beds (we are four 2 beds 1 baths), and it sold for $780,000!!!
Please don't hesitate to reach out with any questions. The Seller want's to do a deal and will look at all offers!!
Listing Agent
Burton Commercial, Inc. Brokerage Phone: 951-375-7433 License #01014173 Listed on: 06/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,807
Year Built
- Built in 1980
Lot Details
- 0.25 Acre Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,500 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 4 / 25
- Tax Tract Number 4
- Assessor Parcel Number 437081025
- $261 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
- Foothills
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,807 | $225,870 | $83,892 | $141,978 |
| 2023 | $2,807 | $217,102 | $80,636 | $136,466 |
| 2022 | $2,744 | $212,846 | $79,055 | $133,791 |
| 2021 | $2,702 | $208,673 | $77,505 | $131,168 |
| 2020 | $2,683 | $206,535 | $76,711 | $129,824 |
| 2019 | $2,636 | $202,486 | $75,207 | $127,279 |
| 2018 | $2,589 | $198,517 | $73,733 | $124,784 |
| 2017 | $3,639 | $194,626 | $72,288 | $122,338 |
| 2016 | $2,430 | $190,811 | $70,871 | $119,940 |
| 2015 | $2,400 | $187,947 | $69,807 | $118,140 |
| 2014 | $2,322 | $184,268 | $68,441 | $115,827 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $700,000 | 0.0% | $200 / Sq Ft |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $700,000 | -- | $200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $175,000 | California Title Company | |
| Trustee Deed | $196,491 | None Available | |
| Grant Deed | $495,000 | -- | |
| Grant Deed | $495,000 | -- | |
| Grant Deed | $455,000 | -- | |
| Grant Deed | $360,000 | First American Title Co Los | |
| Grant Deed | $73,000 | First American Title Ins Co | |
| Trustee Deed | $129,617 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $106,500 | Commercial | |
| Previous Owner | $99,000 | Stand Alone Second | |
| Previous Owner | $396,000 | Purchase Money Mortgage | |
| Previous Owner | $318,500 | Commercial | |
| Previous Owner | $288,000 | Commercial | |
| Previous Owner | $58,200 | Commercial | |
| Closed | $113,750 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25141908
APN: 437-081-025
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