Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Quadruplex

Bedrooms

4

Building size

2,652 sqft

Lot size

4,356 sqft

Year built

1937

Stories

1

Garage spaces

4

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

In Ground,Private

View

City Lights

Status

Active

Days on market

65

MLS #

245448280

About this property

AN EXCEPTIONALLY RARE INVESTMENT OPPORTUNITY!!!!of 4 units in the city of Hemet: highly profitable cash-flow multi-family property that includes a vacant land parcel. This one of a kind offering comprises of four APN and must be sold together. All units are currently rented on a month to month basis, presenting immediate current income and exciting development potential for the right buyer. The detached front single family residence has 3 bedrooms, 2 baths with newer kitchen cabinets and granite countertops with hight ceilings tile and carpet flooring, Updated with minor TLC!! At the rear of the property, you will find a multi-residential with 3 distinct units, featuring two one-bedroom/one bath unit and one two bedroom one bath unit. Spacious, Strong exterior and shared amenities including a gated picnic area and a large in-ground pool which is a welcoming amenities tenants love, it help attract and retain tenants!!! Parking options include a driveway for the front unit and 4 detached tandem car garage on a separate structure, a separate driveway for the back units building. Location offers solid upside opportunity with potential rent growth, the vacant land adds development values-added potential This income property is perfect for savvy investors and buyers looking for diversified income growth potential and a strong commitment to value creation!!! Don’t miss the chance!!!! More photos and videos are coming soon, stay tuned for updates!!!

Location

40631 Mayberry

Hemet, Riverside, CA, 92544