Great duplex featuring spacious two units each with 2 bedrooms and 2 bathrooms. Both good size units that offer potential upside income. Property has solar panels, A/C and tankless water heater. Unit 980 has a stove, refrigerator, tile floors and eat in kitchen. One bathroom has tub and other bathroom has a shower. Plenty parking with each unit has 1 car garage and covered car port and large shared driveway accessed via back alley. Large front yard offers plenty of outdoor space. Laundry hook ups in garage.
We are pleased to exclusively present the opportunity to acquire 123 North Inez Street, a 28-unit multifamily investment property in the city of Hemet, California. The offering consists of multiple duplexes and cottage-style single-story units that were constructed between 1920 to 1968. The buildings sit on a single parcel of 0.91 acres (39,640 square feet) with approximately 200 feet of frontage on North Inez Street (east) and 100 feet of frontage on North Alessandro Street (west). The offering includes six studio/one-bathroom floor plans, twenty one-bedroom/one-bathroom floor plans, and two two-bedroom/one-bathroom floor plans. The buildings offer pitched roofs and were renovated with freshly painted exteriors. Selected units offer new vinyl flooring, new kitchen and bathroom cabinetry, new windows, and a private front/back patio. Each unit is equipped with a wall-unit air conditioning. The majority of units (22) are master metered for utilities. Six units are individually metered for gas, electricity and have individual hot water heaters. For parking, there are approximately twelve open parking spaces and other tandem parking spaces. The offering is located just north of East Florida Ave, also known as State Route 74, the principle thoroughfare that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert. Major department stores and grocery stores including Walmart, Grocery Outlet, Sprouts, Target, Walgreens, Smart & Final, and Stater Bros. Markets are within three-mile drive from the subject property. 123 North Inez Street is centrally located with only minutes’ walk away from Downtown Hemet. Downtown Hemet is a vibrant community hub of the San Jacinto Valley and a unique destination that attracts tourists with its well preserved and diverse architecture, historic buildings, and small-town charm. It is divided into seven distinct districts or neighborhoods: Downtown Village District, Weston Park District, Transit Oriented District, Hemet Stock Farm District, West Latham District, Kimball Avenue Neighborhood, and Franklin Street Neighborhood. Downtown Hemet takes pride in its local traditions and history, including its agricultural past, the celebrations of the Ramona Pageant, and a rich arts community. The city hosts weekly farmer’s market and street fair that highlights local small businesses, homemade vendors, and local farms.
Duplex With Two 2BR / 1.75BA Units Units Feature Garage Parking and Private Patios 16 Percent Rental Upside Located on a Quiet Cul-de-Sac Street
- Duplex With Two 2BR / 1.75BA Units - Property Features Private Patios and Garage Parking - 38 Percent Rental Upside - Located on a Quiet Cul-de-Sac Street - Offered as Part of a Portfolio of 12 Properties Across Hemet and San Jacinto
- Duplex With Two 2BR / 1.75BA Units - Large Corner Lot - Amenities Include Garage Parking, Private Patios, and Central Air - 35 Percent Rental Upside - Offered as Part of a Portfolio of 12 Properties Across Hemet and San Jacinto
Check out this very clean and maintained duplex. Both units have 2 bedrooms, 1-1/2 baths, 984 sqft each w/additional permited room added on, and their own garage. You can live in one and rent the other out if you choose. Close to schools, medical facilities, shopping & restaurants, and the location is commuter friendly.
Cozy home in the city with a large land, small ranch 1.39 acres (60,548 sq ft). The property also features a barn, warehouses and containers for plenty of parking & storage. Submit all offers!
Great Investment Opportunity in the city of Hemet, centrally located and next to major shopping centers. This duplex consist of 2 units with 1 bedroom 1 bathroom each. Both units are in good condition, front unit available, Back unit is rented for $1300 area is in very high demand for rentals. With potential to convert the detached garage to an Adu for added rental income. One of the lowest priced duplexes in the city of Hemet and San Jacinto. Also two brand new water heaters just installed as well as recently had the plumbing re piped.
Great Investment Opportunity in the city of Hemet, centrally located and next to major shopping centers. This duplex consist of 2 units with 1 bedroom 1 bathroom each. Both units are in good condition, front unit available, Back unit is rented for $1300 area is in very high demand for rentals. With potential to convert the detached garage to an Adu for added rental income. One of the lowest priced duplexes in the city of Hemet and San Jacinto. Also two brand new water heaters just installed as well as recently had the plumbing re piped.
Good looking Triplex, All Units 2 bedroom, 2 Bath, All have central Air, Upgraded tile flooring, double pane windows, upgraded copper plumbing, small fenced backyards, 3 carports and extra parking, located at the end cul-de-sac So this is one of the most quiet, peaceful and desirable locations, compared to other units in the area. Units are in Good condition, Great tenants, all tenants are on month-to-month rental agreements. Rents are low, $1000, $1030, $1070. Market rents are for 2 bedroom 2 bath unit like these rent between $1700-$1800 each. Call for details. Also this property has extra income from the laundry room.
Four units producing $6000 a month. Additional units may be added. Perfect location for development (Gas Station, Shopping Center, Gated Senior Community, Recreation, etc. Gorgeous, breathtaking views of Diamond Valley and South Hemet. Large buildable 24 acres up against the hillside with numerous pad locations. All utilities to the property. Currently 2 structures on the property and multiple pads for additional building sites. First structure is a 2 bedroom 1 bath manufactured home. Second structure is a barn with a habitable area inside. Huge potential for subdivision or possible school site right across from McSweeney Elementary. In the path of development. Listing includes 3 parcels: 1890 S State St, Hemet Ca 92543 APN# 451-150-008 (8.11 Acres), 2000 S State St, Hemet Ca 92543 APN# 451-150-034 (7.97 Acres), 27700 S State St, Hemet Ca 92543 APN# 451-150-027 (7.89 Acres).Seller is motivated. Submit an offer today.
Four units producing $6000 a month. Additional units may be added. Perfect location for development (Gas Station, Shopping Center, Gated Senior Community, Recreation, etc. Gorgeous, breathtaking views of Diamond Valley and South Hemet. Large buildable 24 acres up against the hillside with numerous pad locations. All utilities to the property. Currently 2 structures on the property and multiple pads for additional building sites. First structure is a 2 bedroom 1 bath manufactured home. Second structure is a barn with a habitable area inside. Huge potential for subdivision or possible school site right across from McSweeney Elementary. In the path of development. Listing includes 3 parcels: 1890 S State St, Hemet Ca 92543 APN# 451-150-008 (8.11 Acres), 2000 S State St, Hemet Ca 92543 APN# 451-150-034 (7.97 Acres), 27700 S State St, Hemet Ca 92543 APN# 451-150-027 (7.89 Acres).Seller is motivated. Submit an offer today.
The median home value in Hemet, CA is $396,200. This is lower than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Hemet, CA is $396,200. Approximately 55.69% of Hemet homes are owned, compared to 35.4% rented, while 8.92% are vacant. Hemet real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hemet real estate agent to arrange a tour today!
Hemet, California 92543 has a population of 88,903. Hemet 92543 is less family-centric than the surrounding county with 32.77% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Hemet, California 92543 is $46,194. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Hemet 92543 is 38.6 years.
The average high temperature in July is 98.5 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 11.9 inches per year, with 0 inches of snow per year.