Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities* Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency. Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION. Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities. Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!
Explore the heartbeat oh Hemet with an unmatched lucrative investment Nestled in downtown Hemet are two income-generating fourplexes at 191 North Inez and 199 North Inez, offering a total of eight Attentively remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you’ll love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one-bedroom, one-bath single story apartment has been upgraded with dual-pane windows, tile flooring throughout, and newer water heaters. Each tenant enjoy private fenced yard, providing personal private outdoor space in the heart of the city. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. **Efficient Utilities ** Landlord and Tenants alike will appreciate the separate gas and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency. Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor Edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units generating high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION. Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities. Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!
Amazing duplex available now. Each unit is a 2 bed/2 bath and approx 1035 sq ft each. One unit has been updated with newer countertops but both units have been well taken care of. Long term tenants in both units, makes this a great investment.
Awesome investment property available for you. This triplex is fully occupied with long term tenants. The property has been well maintained.
Great buy for 2 families but each with their own new home. One house with 3 beds 2 baths and the second house with 2 beds 1 bath. Both houses come with a refrigerator, stove, dishwasher, and microwave. Also if you are 1-time home buyer may be able to qualified for 20% for down payment with The Riverside County. This property is already ordered, put it in escrow before they win it for you, This property will qualify for any type of financing up to 0% you can buy it with the USDA Loan. In addition you have 5.1 acres that you can use for your private parties, your own ranch for your pets, toys, etc., the property has its own water, views, large trees. If you want something private and not too far from the city this is your property. This property is only 3 to 5 minutes from the paved road with your private gate, a creek that passes temporarily. The seller considers carrying financing to the best offer. Agents see the remarks.
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.
Excellent East Hemet location. One single-story duplex approximately 1150 square feet in each unit. Each unit has a single-car attached garage, two bedrooms, two bathrooms, and inside laundry. The living rooms are spacious. Both units have recently been painted outside—large corner lot. The second unit is 26028 Camphorwood Ave. BOTH UNITS HAVE A NEW ROOF!
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.
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.
Excellent East Hemet location. One single story duplex approximately 1150 square feet in each unit. Both units have a single car attached garage, two bedrooms, two bathrooms and inside laundry. The living rooms are spacious. Both units have recently been painted and new tile floors, new appliances, new Quartz counters in the kitchens and bathrooms. Second unit is 41029 Alder Ave.
We have a new lower price. The seller says submit all reasonable offers. These TEN individual homes are a California Landlords dream possession with no common walls between residents. Seven of the units are rented and three are vacant. Five of the units are rented at or close to market value, two need raising and three are vacant. The three vacant units have been renovated. The property is part of a Trust and the seller says submit all reasonable offers. We are ready to deal.
Motivated Seller Price Reduced 3 Bedroom 2 bath house on 41209 Sunset Lane uplex can be accessed from 41204 Line Dr Johnston and Cornell . 1 of 3 units occupied. Other tenant is month tp month.
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!
LIVE IN ONE UNIT AND GENERATE RENTAL INCOME IN THE SECOND UNIT. NEW ROOF INSTALLED with transferable warranty to new owner! Welcome to urban living at its finest! This stunning duplex offers the perfect blend of contemporary design and metropolitan convenience. Conveniently situated in the heart of Hemet, this duplex enjoys easy access to a myriad of amenities local shopping and convenient restaurants, highways in an area that is constantly developing. Public transportation options nearby, highways and freeways, commuting is a breeze, making this location ideal for professionals and city dwellers alike. Step inside to discover an updated interior in both units. Each upgraded units offer 2 bedrooms and 2 bathrooms with a private back patio to enjoy. The kitchens have sliding patio doors making entertaining guests easy. The units have central air and heating. Each unit has a garage and a long shared driveway to accommodate guests. These units have a spacious master suite with a convenient, upgraded ensuite bathroom. Private outdoor patio or balcony, perfect for al fresco dining or enjoying the city views. Dedicated parking and garage spaces for added convenience. With its up and coming location and desirable features, this duplex presents an excellent investment opportunity.
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.
HUGE PRICE ADJUSTMENT-GREAT ROI-TURNKEY FOR AN INVESTOR-Updated Duplex 2 bedroom 2 bath Units with central air and mini splits, laundry hook-ups in the kitchen. 1 car garage. Both units have Section 8 tenants in place. Everything has been updated including (roof, stucco, exterior paint, recessed lighting, newer garage doors, wood fencing and zoned HVAC). Tenants pay all utilities except water, electrical meters are separate. 41938 & 41940 Briarwood Ave are under 1 apn
HUGE PRICE ADJUSTMENT-GREAT ROI-TURNKEY FOR AN INVESTOR- Updated Duplex 2 bedroom 2 bath Units with central air and mini splits, laundry hook ups in the kitchen. One car garage. Both units have tenant in place 1 of 2 is paid by the city of Riverside. Everything has been updated including (roof, stucco, exterior paint, recess lighting, newer garage doors, wood fencing and zoned HVAC). Tenants pay all utilities except water. Electrical meters are separate. 41948 & 41950 Briarwood Ave are under 1 apn
Great multi-unit income property! Ten units with seven 2 bedroom 2 bath apartments and three one bedroom one bath apartments. The property features a gated pool, carports with off street parking and storage, and a gated courtyard. There is an onsite laundry room with two coin operated washers and dryers with additional yearly income of around $1500. Several units have new water heaters. Six to seven of the units have newer flooring along with other updates ie bathroom vanities, stoves, shower surrounds, etc. One apartment has an AC unit less than a year old. The gated pool was remodeled with new plaster, new handrails, pump, etc. at the end of 2021. Convenient to shopping and Ramona Expressway.
Hemet is located in California. Hemet, California has a population of 88,903. Hemet is less family-centric than the surrounding county with 32.74% 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 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 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.