1220 E Campus Way, Hemet, CA 92543 - MLS#CV25148426

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$595,000

Est. payment - /mo

4 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CV25148426

Bedrooms 4

Lot Dimensions 016

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated, recent capital improvements include updated electrical systems and newly installed private fencing for all units. (2) of the units have new copper plumbing, new split A/C units, new dual-pane windows, new kitchens, modern flooringresulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Dont miss this rare chance to own a great triplex in a high-demand rental corridor This property is part of a 13 unit portfolio for sale in Hemet (additional Duplex see MLS#CV25148384 and 8 units property see MLS#CV25151759)

Location

State CA

County Riverside

Community Horse Trails

Zoning Assessor

Direction Just south of Menlo Ave and west of San Jacinto St

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 445102016

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Listed by Kristopher German RE/MAX 2000 REALTY

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

1220 E Campus Way Hemet, CA 92543

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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