Estimated payment $5,105/month
Highlights
- Private Yard
- Neighborhood Views
- Laundry Room
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating
About This Home
This Fourplex is located in the center of Hemet and provides a great investment opportunity. There are 3 units with 2 bedrooms and 1 bath and 1 unit with 2 bedrooms and 2 baths.The upstairs unit has a balcony and the lower units have a private patio. The property is located on a prime lot at the corner of Tahquitz and Devonshire. There is a large included open land area between this property and the adjacent property that could be developed or used for additional parking.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-677-0603 License #01489159 Listed on: 08/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,745
Year Built
- Built in 1974
Lot Details
- 0.31 Acre Lot
- Two or More Common Walls
- Private Yard
- Density is up to 1 Unit/Acre
Parking
- 8 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,375 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 43401
- Assessor Parcel Number 443181017
- $178 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,336
- Other Expense $660
- Trash Expense $1,450
- Water Sewer Expense $4,848
- New Taxes Expense $2,820
- Operating Expense $11,114
- Gross Income $52,800
- Net Operating Income $40,886
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 | $2,745 | $231,773 | $83,693 | $148,080 |
| 2023 | $2,745 | $222,775 | $80,444 | $142,331 |
| 2022 | $2,666 | $218,408 | $78,867 | $139,541 |
| 2021 | $2,624 | $214,126 | $77,321 | $136,805 |
| 2020 | $2,607 | $211,932 | $76,529 | $135,403 |
| 2019 | $2,553 | $207,778 | $75,029 | $132,749 |
| 2018 | $2,478 | $203,705 | $73,558 | $130,147 |
| 2017 | $2,451 | $199,712 | $72,116 | $127,596 |
| 2016 | $2,434 | $195,797 | $70,702 | $125,095 |
| 2015 | $2,427 | $192,858 | $69,641 | $123,217 |
| 2014 | $2,324 | $189,082 | $68,278 | $120,804 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $895,000 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $180,000 | Old Republic Title Company | |
| Trustee Deed | $489,906 | Accommodation | |
| Grant Deed | $575,000 | Ticor Title | |
| Grant Deed | $245,000 | First American Title Co | |
| Grant Deed | $93,000 | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $135,000 | Commercial | |
| Previous Owner | $460,000 | Commercial | |
| Previous Owner | $220,500 | Commercial | |
| Previous Owner | $74,400 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25137408
APN: 443-181-017
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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