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Listed by Faith Hicks • Keller Williams Legacy
$ 850,000
Est. payment | /mo
3,600 SqFt
$ 850,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $236
MLS Listing ID SW-25194762
Year Built 1976
Lot Size 9,583 Sqft
Property Sub-Type Quadruplex
Property Description
Rare opportunity to own a true fourplex where every unit is a 3 bedroom, 1 bath- a setup you won't find often in Hemet. Most multifamily properties in the area mix of 2-bedrooms with maybe one larger unit, but this one delivers consistent rental appeal across all four. Each unit offers a functional floor plan with its own private yard, plenty of potential for outdoor space or additional storage. Property will benefit from roof work and cosmetic upgrades, but the fundamentals are strong: stable tenant history, great unit mix, and huge value-add potential. Conveniently located near shopping, schools, and commuter routes, this property is ideal for the investor looking for a 1031 exchange, a cash-flow reposition, or simply to add a solid income property to their portfolio. Opportunities like this- 4 full sized 3-bedroom units on one lot- don't come around often!
Location
State CA
County Riverside
Zoning R3
Interior
Heating None
Laundry None
Exterior
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114