Estimated payment $4,225/month
Highlights
- Laundry Room
- Central Heating and Cooling System
- 1-Story Property
About This Home
THESE UNITS ARE BREATHTAKENLY FINE!!! This Hemet 4Plex is located in the nicest section of Hemet, adjacent to the Sierra Dawn community of Hemet. This community is the best location in Hemet, known for it's very high pride of ownership, and no crime or ghetto!!! Also, these units have been kept up like they are new! NEW ROOF! NEW HVAC'S! Upgraded cabinetry and appliances! Newer tile flooring. Granite counter tops! Check out the pictures. This place is REALLY, REALLY NICE!!! This complex consists of:
One: 2 bedroom, 2 bath unit.
Three: 1 bedroom, 1 bath units.
One: 2 CAR GARAGE FOR THE 2 BEDROOM UNIT!!
A nice roomy laundry room!
THREE: 1 CAR GARAGES FOR THE 1 BEDROOM UNITS!!!
Another 1 car garage.
THIS COMPLEX HAS A TOTAL OF SIX GARAGES!!! All units are separately metered, with tenants signing up and paying their electric and gas.
Landlord pays water and trash. While actual rents are below market, the rents are month to month and can be brought up to market. Please see rent roll, and rent comps attached in MARKETING PACKAGE. At actual rents, we're putting out a positive cash flow. And if you bring up the month to month rents to market, were putting out the following:
$81,000 Annual Gross Income!
A 9.26 Gross Rent Multiplier!
A 9.11% Cap Rate!
And a robust, double digit 17.52% Cash on Cash Return!!!
For rent roll and rent comps, SEE SUPPLEMENTS ATTACHED. It must be noted that the 2 bedroom 2 bath unit is very large and beautiful. It totals approximated 2,000 SF (estimated). It has a living room, a dining room, huge kitchen, huge dining area, and very large master bathroom that has two large rooms within the bathroom. It also has very large walk-in closets. With the high square footage, one could easily convert this to a 4 bed 3 bath!!! With this location, you can't go wrong. You're virtually guaranteed, top of the market rents, low vacancy, and HUGE rent and price appreciation!!!
Listing Agent
Burton Commercial, Inc. Brokerage Phone: 951-375-7433 License #01014173 Listed on: 01/31/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 0.25 Acre Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 2
- Assessor Parcel Number 446031018
- $179 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 2 Separate Water Meters
Map
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 | $4,332 | $375,268 | $120,076 | $255,192 |
| 2023 | $4,332 | $360,698 | $115,414 | $245,284 |
| 2022 | $4,201 | $353,626 | $113,151 | $240,475 |
| 2021 | $4,133 | $346,693 | $110,933 | $235,760 |
| 2020 | $4,094 | $343,139 | $109,796 | $233,343 |
| 2019 | $4,008 | $336,412 | $107,644 | $228,768 |
| 2018 | $3,887 | $329,817 | $105,535 | $224,282 |
| 2017 | $3,842 | $323,351 | $103,466 | $219,885 |
| 2016 | $3,815 | $317,012 | $101,438 | $215,574 |
| 2015 | $3,804 | $312,252 | $99,915 | $212,337 |
| 2014 | $3,637 | $306,137 | $97,958 | $208,179 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2026 02/11/26 | Pending | -- | -- | -- |
| 01/31/2026 01/31/26 | For Sale | $750,000 | -- | $188 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $118,500 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW26022810
APN: 446-031-018
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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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Ask me questions while you tour the home.