Property Details
About this Property
Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
MLS Listing Information
MLS #
CROC25102486
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Appliances
Other, Oven - Gas, Oven Range - Gas
Flooring
Laminate
Cooling
Central Forced Air
Heating
Forced Air, Gas
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
44083 Palm Ave is a Triplex in Hemet, CA 92544. This – square foot property sits on a 23,522 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $899,000 and was built in 1955. This address can also be written as 44083 Palm Ave, Hemet, CA 92544.
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This listing information is up-to-date as of May 09, 2025. For the most current information, please contact Lawrence Erickson
