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Rose O'Reilly-Sievers

realtorrosesandiego@gmail.com +1(858) 472-3975

$ 749,999

Est. payment | -/mo

2 Beds

2 Baths

5,662 Sqft Lot

Save

$ 749,999

Est. payment | -/mo

Save

2 Beds

2 Baths

5,662 Sqft Lot

Open House

Fri Sep 25, 12:00pm - 3:00pm

Sat Sep 26, 12:00pm - 4:00pm

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

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 472-3975

realtorrosesandiego@gmail.com

Learn More About LPT Realty

191 N Inez St Hemet, CA 92543