44083 Palm Avenue, Hemet, CA

$879,000

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7

Beds

6

Baths

0.54

Acres

About 44083 Palm Avenue

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.

Features of 44083 Palm Avenue

MLS® # OC25102486
Price $879,000
Bedrooms 7
Bathrooms 6.00
Acres 0.54
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 44083 Palm Avenue
Area RIV CTY-HEMET (92544)
City Hemet
County Riverside
State CA
Zip Code 92544

Amenities

Utilities Sewer Connected
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit
Cooling Central Forced Air
Fireplace Yes
Stories 1 Story

Additional Information

Date Listed May 8th, 2025
Days on Market 87
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCasa Blanca Realty

Listing Map

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