1220 E Campus Way

Hemet, CA 92543

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,472 Sqft
  • 9538
    Sqft(Lot)
$595,000

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 and meticulously maintained, recent capital improvements include new copper plumbing, updated electrical systems, split a/c units, new dual-pane windows, new kitchens, modern flooring, and new privacy fencing—resulting in low operating costs and minimal deferred maintenance.



each unit is separately metered for gas and 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. don’t miss this rare chance to own a turn-key triplex in a high-demand rental corridor

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    50327372

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Interior Features: All Bedrooms Down
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1956
    • Building Area Total: 2,472
    • Roof: Shingle

    Pool Features

    • None

    Laundry Features

    • None

    Fencing

    • Block

  • Lot Details

    • Lot Dimensions Source: Assessor
    • Lot Size Acres: 0.219
    • Lot Size Dimensions: 016
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9538

  • Listing Price Information

    • Original List Price: 595,000
    • Listing Contract Date: 2025-07-02

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 445102016

  • Garage and Parking

    • Garage Description: Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SRCAR - Southwest Riverside County
    • Postal Code Plus 4: 3007
    • Directions: Just south of Menlo Ave and west of San Jacinto St
    • Zoning: CI
    • Source Property Type: Residential Income
    • Area: SRCAR - Southwest Riverside County
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 69
    • Common Walls: 2+ Common Walls
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 07/04/2025 @ 03:31

  • MLS: CV25148426
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,472 sqft, 9,538 sized lot, and 0 parking. are nearby neighborhoods.