27
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$749,999
Est. payment /mo
2 Beds
2 Baths
5,662 Sqft Lot
New
191 N Inez St Hemet, CA 92543
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26190122
Bedrooms 2
Lot Size 5,662 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
LOCATION, LOCATION, LOCATION Offered at $749,999 with a cap rate of 7.2% The property features four separate apartment units totaling 2,000 square feet of living space, fully fenced with private patios for each unit + 6 parking spaces, providing strong rental income. Two of the four units have undergone major remodels, with Units A & D completely remodeled as of Aug 2026, from top to bottom, new kitchen cabinets, new flooring, new walls, fresh paint, new bathrooms including toilets, vanitiy, fixtures, new closets, front doors, ceiling fans, screens, fresh exterior paint as of Aug 2026 and more! Creating a fresh, modern ambience. This extensive renovation provides a significant advantage for both attracting quality tenants and positioning the property for strong rental income. Located approximately 1 mile from Downtown Hemet and a 7 minute walk from the Hemet Police Dept, a 3 min drive from Hemet Elementary School, and a 3 min drive from Hemet Adult School. This property offers convenient access to shopping, dining, schools, parks, entertainment, and everyday amenities with strong tenants. But wait, there is more! 191 N Inez comes with a pest control contract up to Dec 2026 FULLY PAID. Dont miss this opportunity to own a substantially improved four-unit property in a convenient Hemet location. This four-unit multifamily property presents an excellent opportunity for investors or first time buyers seeking an income-producing asset in an established Hemet location.
Location
State CA
County Riverside
Zoning Public Rec
Direction FLORIDA/ NORTH INEZ/ LATHAM
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Cross Fencing
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 443223019
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA
Listed by Ramiro Jr Montes-Ortiz, DRE#02248010 Berkshire Hathaway HomeServices California Properties
NEARBY SCHOOL & BUSINESS
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