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Three units on the East side of Hemet with an attractive unit mix, Central heat and A/C, garages, and patios. Strong rents give an investor over a 6% cap rate on actual rents and upside by raising rents immediately. All tenants are now eligible for a rent increase. Front unit is a spacious 3 bedroom and 2 baths with a large fenced yard and a 2 car garage. Property has a laundry room for all of the tenants to use, earns owner extra income, but there are laundry hookups in the garage of unit A as well. Other two units are 2 bedroom and 1 bath with a balcony or patio and single car garage. Separate meters for gas and electric to keep owner's expenses low. Property is 100% occupied and has a strong rental history with current tenants all having been there over one year. Low maintenance landscaping helps make this a great opportunity to own a low maintenance Income Property in a growing Hemet market.
Property Type(s):
Residential Income
| Last Updated | 10/31/2026 | Year Built | 1978 |
|---|---|---|---|
| Community | SRCAR - Southwest Riverside County | Garage Spaces | 4.0 |
| County | Riverside |
Additional Details
| APPLIANCES | Dryer, Washer |
|---|---|
| AREA | SRCAR - Southwest Riverside County |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 8276 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 8276 |
| PARKING | Garage, Garage Door Opener |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Bell Realty Group
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