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

3,400 sqft

Lot size

8,712 sqft

Year built

1989

Stories

2

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

249051468

About this property

Exclusive Inland Empire Investment Opportunity! We are pleased to present 955 W Devonshire Ave (Units A-D), a beautifully maintained 1989-built fourplex in the rapidly growing city of Hemet. This stabilized asset consists entirely of high-demand, spacious 2-bedroom, 1.75-bathroom units. Rare find: Every single unit features dedicated parking for 2 vehicles! Unit Highlights:Unit A: Desirable single-level floor plan, private patio, and an attached 2-car garage with direct access and private laundry hookups.Unit B: Ground-floor unit featuring a private patio and a dedicated 2-vehicle carport. Units C & D: Upstairs units with balconies, bright layouts, and 2 assigned parking spaces each. Excellent Mechanics & Low Overhead:Separately Metered for gas and electricity (minimal landlord utility expenses). Individual Amenities: Each unit features its own central HVAC system, gas range, and individual water heater. On-site community laundry hookups offer an easy avenue for extra monthly revenue.Capitalize on Hemet’s booming rental market and affordable housing demand. Don't miss out on this solid, low-maintenance multifamily gem!

Location

955 W Devonshire

Hemet, Riverside, CA, 92543