NOT LISTED FOR SALE

258 N Valley View Dr Unit 264 Hemet, CA 92543

Estimated Value: $519,000 - $589,000

4 Beds
4 Baths
2,500 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $545,000 $218 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,447/month

13 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Double Pane Windows
  • Traditional Architecture
  • Neighborhood Views
  • Sliding Doors

About This Home

As of May 2022

Amazing Investment Opportunity! This 4 plex is perfect for first time home buyers and/or investors looking to buy and hold. 4 identical units all include a one car garage. The photo'd unit (264) has been updated and ready for immediate move in or tenant occupancy. The unit showcases bright and open floor plan, new vinyl flooring, new paint throughout, newly updated bathroom, restored cabinets, and so much more. Live in this one and rent out the others, great for cash flow!! The current tenants are on a month to month lease. These units are perfectly situated within walking distance to shopping, dining, and entertainment. It is rare that these opportunities present themselves in this market, don't miss it.

Last Agent to Sell the Property

Curtis Rodriguez

HomeSmart, Evergreen Realty License #01716051 Listed on: 05/01/2022

HomeSmart, Evergreen Realty

Last Buyer's Agent

Michael Garcia

MZ BROKERAGE INC. License #01965127

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in average condition
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Family Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 183
  • Tax Tract Number 434
  • Assessor Parcel Number 442072005
  • $127 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,310
  • Trash Expense $1,240
  • Water Sewer Expense $4,800
  • Operating Expense $7,350
  • Net Operating Income $50,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

6,534 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Zoning: R3
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 442072005
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 218.00
  • Room Type: All Bedrooms Down, Family Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Drywall Walls, Frame, Glass

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Garage - Single Door
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater Central
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1240.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 650 Square Feet
  • Average3 Bed Area: 650 Square Feet
  • Average Studio Area: 650 Square Feet
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1310.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 50250.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 7350.00
  • Rent Control: No
  • Total Actual Rent: 2960.00
  • Total Expenses: 7350.00

Tax Info

  • Tax Census Tract: 434.05
  • Tax Lot: 183
  • Tax Tract Number: 434
  • TaxOtherAnnualAssessmentAmount: 127.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
May 17, 2022
Sold by
Percich and Miranda
Bought by
Cobra 28 No 8 Lp
Seller's Agent
Curtis Rodriguez
HomeSmart, Evergreen Realty
Buyer's Agent
Michael Garcia
MZ BROKERAGE INC.
List Price
$500,000
Sold Price
$545,000
Premium/Discount to List
$45,000
9%
Current Estimated Value
$565,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,072
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
May 22, 2020
Sold by
Matar Mehamad
Bought by
Percich Nicholas and Percich Miranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2015
Sold by
Vasquez Lazaro
Bought by
Matar Mohamad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,506
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2013
Sold by
Yfe Llc
Bought by
Vasquez Lazaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2011
Sold by
M D R Capital Corp
Bought by
Yfe Llc

Purchase Details

Closed on
Apr 28, 2011
Sold by
Shigaki Nozomu Hope and Shigaki Toyomi Nancy
Bought by
M D R Capital Corp

Purchase Details

Closed on
Jun 3, 2005
Sold by
Coscuna Ronald A and Coscuna Cynthia K
Bought by
Shigaki Nozomu Hope and Shigaki Toyomi Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 24, 2004
Sold by
Butler Frank E and Butler Barbara
Bought by
Coscuna Ronald A and Coscuna Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 1996
Sold by
Einbinder Jack and Einbinder Jennifer
Bought by
Butler Frank E and Butler Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cobra 28 No 8 Lp $545,000 Corinthian Title
Percich Nicholas $440,000 North American Title Company
Matar Mohamad $239,500 Title 365
Vasquez Lazaro $210,000 Title 365
Yfe Llc -- None Available
M D R Capital Corp $80,000 Orange Coast Title Company
Shigaki Nozomu Hope $500,000 Commonwealth Land Title Co
Coscuna Ronald A $318,500 First American Title Co
Butler Frank E $52,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Percich Nicholas $432,030
Previous Owner Matar Mohamad $231,506
Previous Owner Vasquez Lazaro $60,000
Previous Owner Shigaki Nozomu Hope $375,000
Previous Owner Coscuna Ronald A $254,600
Previous Owner Butler Frank E $27,000
Closed Coscuna Ronald A $31,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $545,000 0.0% $218 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/10/2022 05/10/22 Off Market $545,000 -- --
05/01/2022 05/01/22 For Sale $500,000 -- $200 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,530 $578,358 $137,957 $440,401
2023 $6,530 $555,900 $132,600 $423,300
2022 $5,228 $448,800 $127,500 $321,300
2021 $5,142 $440,000 $125,000 $315,000
2020 $3,079 $259,241 $48,709 $210,532
2019 $3,013 $254,158 $47,754 $206,404
2018 $2,922 $249,175 $46,818 $202,357
2017 $2,888 $244,290 $45,900 $198,390
2016 $2,867 $239,500 $45,000 $194,500
2015 $2,609 $214,195 $30,599 $183,596
2014 $2,494 $210,000 $30,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22089657

California Regional Multiple Listing Service (CRMLS)

APN: 442-072-005

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