$1,800,000
$2,125,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
0.4 Acres Lot
SOLD DATE : 09/25/2025
Key Details
Sold Price $1,800,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25180072
Sold Date 09/25/25
HOA Y/N No
Year Built 1987
Lot Size 0.400 Acres
Property Sub-Type Apartment
Property Description
Great Investment Opportunity in Hemet – 12-Unit Complex on Two Lots
This 12-unit apartment complex is located on two separate lots and features a mix of 4 units with 1 bedroom/1 bathroom, 4 units with 2 bedrooms/2 bathrooms, 2 units with 2 bedrooms/1 bathroom, and 2 studios, some with balconies. Several units have been recently updated with fresh paint and repairs. Each complex has its own community laundry area, carports and additional storage. Four 2-car garages, providing extra income potential.
Hemet is a growing community offering access to schools, parks, and convenient public transportation options. This property is a solid investment with strong rental potential.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Carport
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Street Lights
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 446104034
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Notice Of Default
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Bought with John Stephens KW COMMERCIAL
