44083 Palm Avenue

Hemet, CA 92544

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,018 Sqft
  • 23522
    Sqft(Lot)
$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.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    49672576

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer,Sewer Tap Paid

    Interior Features

    • Interior Features: All Bedrooms Down
    • Property Appliances: Gas Oven,Gas Range
    • Fireplace: Living Room
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Forced Air,Natural Gas
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1955
    • Building Area Total: 3,018

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.54
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 23522

  • Listing Price Information

    • Original List Price: 899,000
    • Listing Contract Date: 2025-05-08

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 549130020

  • Garage and Parking

    • Garage Description: Driveway,Paved

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities,Cable TV,Electricity,Gas,Sewer,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SRCAR - Southwest Riverside County
    • Postal Code Plus 4: 5335
    • Directions: Fairview Ave to Palm Ave
    • Zoning: R-R
    • Source Property Type: Residential Income
    • Area: SRCAR - Southwest Riverside County
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 70
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: ground
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 05/12/2025 @ 15:06

  • MLS: OC25102486
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,018 sqft, 23,522 sized lot, and 0 parking. are nearby neighborhoods.