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$399,000
Est. payment /mo
1 Bed
1 Bath
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26085628
Bedrooms 1
Lot Size 5,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A great investment opportunity located in the heart of Hemet, centrally positioned near major shopping centers, schools, and public transportation. The property is a well-maintained duplex consisting of two units, each with 1 bedroom and 1 bathroom. Both units are in good condition and the rear unit is currently available, great for someone that needs to live in one and rent out the other. Several major upgrades have been completed, including the installation of a brand new roof, two newer water heaters, and some plumbing re-pipe. The detached garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), creating an additional stream of rental income. In addition, the spacious backyard may allow for the addition of another unit, offering even more income potential (buyer to verify with the city). This is one of the lowest-priced duplexes available in the Hemet and San Jacinto area, making it an excellent opportunity for both new and experienced investors. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is ready to deliver value and long-term growth. The City of Hemet Planning Department has confirmed that an ADU (Accessory Dwelling Unit) can be added to the rear portion of the property, offering excellent potential for additional rental income or multi-generational living.
Location
State CA
County Riverside
Zoning Public Rec
Direction Menlo, San Jacinto
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 445111038
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Steve Navar, DRE#01984404 Excellence RE Real Estate
Nearby School & Business
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