Estimated payment $4,945/month
Total Views
3,253
7
Beds
6
Baths
3,018
Sq Ft
$291
Price per Sq Ft
Highlights
- 0.54 Acre Lot
- Laundry Room
- Rectangular Lot
- No HOA
- Forced Air Heating and Cooling System
- Back Yard
About This Home
Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
Listing Agent
Casa Blanca Realty Brokerage Phone: 949-929-7370 License #01261483 Listed on: 05/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,854
Year Built
- Built in 1955
Lot Details
- 0.54 Acre Lot
- Rural Setting
- Rectangular Lot
- Level Lot
- Back Yard
- 549130021
- Property is zoned R-R
Interior Spaces
- 3,018 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Laminate Flooring
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Combination Of Materials Used In The Driveway
- Paved Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts
- Sewer Paid
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 549130020
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
Map
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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 | $1,854 | $163,561 | $52,585 | $110,976 |
| 2023 | $1,854 | $157,211 | $50,544 | $106,667 |
| 2022 | $1,795 | $154,129 | $49,553 | $104,576 |
| 2021 | $1,265 | $107,218 | $32,165 | $75,053 |
| 2020 | $1,254 | $106,120 | $31,836 | $74,284 |
| 2019 | $1,227 | $104,040 | $31,212 | $72,828 |
| 2018 | $1,190 | $102,000 | $30,600 | $71,400 |
| 2017 | $548 | $44,318 | $11,170 | $33,148 |
| 2016 | $545 | $43,450 | $10,951 | $32,499 |
| 2015 | $543 | $42,800 | $10,788 | $32,012 |
| 2014 | $520 | $41,964 | $10,578 | $31,386 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Price Changed | $879,000 | -2.2% | $291 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $899,000 | 0.0% | $298 / Sq Ft |
| 04/18/2024 04/18/24 | For Rent | $1,550 | 0.0% | -- |
| 04/17/2024 04/17/24 | Rented | $1,550 | +21.6% | -- |
| 04/16/2024 04/16/24 | Under Contract | -- | -- | -- |
| 02/08/2019 02/08/19 | Rented | $1,275 | 0.0% | -- |
| 02/04/2019 02/04/19 | Under Contract | -- | -- | -- |
| 01/04/2019 01/04/19 | For Rent | $1,275 | 0.0% | -- |
| 07/03/2017 07/03/17 | Rented | $1,275 | 0.0% | -- |
| 07/03/2017 07/03/17 | For Rent | $1,275 | 0.0% | -- |
| 05/01/2017 05/01/17 | Rented | $1,275 | 0.0% | -- |
| 04/25/2017 04/25/17 | Under Contract | -- | -- | -- |
| 03/08/2017 03/08/17 | For Rent | $1,275 | 0.0% | -- |
| 02/21/2017 02/21/17 | Sold | $151,300 | -33.9% | $74 / Sq Ft |
| 01/05/2017 01/05/17 | Pending | -- | -- | -- |
| 01/04/2017 01/04/17 | For Sale | $229,000 | 0.0% | $112 / Sq Ft |
| 12/13/2016 12/13/16 | Pending | -- | -- | -- |
| 09/21/2016 09/21/16 | For Sale | $229,000 | 0.0% | $112 / Sq Ft |
| 08/13/2016 08/13/16 | Pending | -- | -- | -- |
| 07/28/2016 07/28/16 | For Sale | $229,000 | -- | $112 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Gift Deed | -- | Fidelity National Title Compan | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | -- | Fidelity National Title Compan | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Grant Deed | $100,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,600 | New Conventional | |
| Previous Owner | $102,599 | Construction | |
| Previous Owner | $102,599 | FHA |
Source: Public Records
Similar Homes in Hemet, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25102486
APN: 549-130-021
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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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