44083 Palm Avenue, Hemet, CA 92544

  • $899,000
44083 Palm Avenue, Hemet, CA 92544
Active
44083 Palm Avenue, Hemet, CA 92544
44083 Palm Avenue, Hemet, CA 92544
  • $899,000

Description

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.

  • Address 44083 Palm Avenue
  • City Hemet
  • State/county CA
  • Zip/Postal Code 92544
  • Country US

Details

Updated on May 9, 2025 at 1:51 pm
  • Property ID: OC25102486
  • Price: $899,000
  • Property Size: 3018 Square Feet
  • Land Area: 0.54 Acres
  • Garage Size: x x
  • Year Built: 1955
  • Property Type: Single Family Residence, Residential Income
  • Property Status: Active

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman