Hemet CA Multi Family for Sale
$6,200,000
3626 Devonshire Avenue Hemet, CA 92545
- Type:
- Condo
- Sq.Ft.:
- 1
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2008
- Baths:
- MLS#:
- TR24193765
ADDITIONAL INFORMATION
This multi-parcel offering includes a fully-leased, 20-unit condominium complex within a gated community, as well as an adjacent 5.41-acre parcel of vacant land, primed for future development. With the potential to expand the site to accommodate up to 98 apartment units (buyer to verify), this property offers both immediate cash flow and significant development potential. Hemet, located in Riverside County, is a rapidly growing city known for its welcoming community and picturesque surroundings. With its strategic location near key Southern California markets and increasing demand for housing, Hemet is undergoing substantial growth and development, making it an ideal environment for real estate investment. The well-maintained property boasts desirable amenities, including a community swimming pool, clubhouse, and secure gated access. Ownership has made substantial capital investments to ensure the property’s condition remains in top form, further enhancing its appeal to both residents and investors. Situated at 3626 W Devonshire Ave, this stable, income-generating asset in the Inland Empire region offers a promising return on investment. Whether you are a first-time investor entering the market, an experienced investor looking to expand your portfolio, or considering a 1031 Exchange, this property presents an exceptional opportunity for stability, growth, and long-term value.
$599,999
880 Kirby Street Hemet, CA 92545
Open House:
Sunday, 11/17 11:00-2:00PM
- Type:
- Single Family
- Sq.Ft.:
- 2,290
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1946
- Baths:
- MLS#:
- TR24219926
ADDITIONAL INFORMATION
Perfect for an investor or two families. Both units have separate addresses and utilities. The main house address is 2495 W Fruitvale. It features a 3 bedroom and 1 bath. There is a little nook area that can be used as an office or dining area. There is also a full unfinished basement. New kitchen, bathroom, flooring, windows, AC and roof. The ADU address is 2481 W Fruitvale. The ADU is a 2 bedroom, 1 bath and has the same updates as the main house. Both units have been COMPLETELY REMODELED. The addresses have been update with the city but not the county. There is a large court yard in between the homes, which would be great for entertaining or a kids play area. There is enough parking for 3-4 cars behind the sliding gate. New fence surrounding the property. It is near shopping centers, restaurants and located near the 79, 74, and the 215 freeways.
Hemet Real Estate
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 92545 has a population of 88,903. Hemet 92545 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 92545 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 92545 is 38.6 years.
Hemet Weather
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.