Property Description

Investors: 4.28 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 cashflow***.

Features
: Forced Air, Natural Gas
: Central Air
: Living Room
: Gas Oven, Gas Range
: Rural
: Driveway, Paved
$0
: Public Sewer, Sewer Tap Paid
Address Map
US
CA
Riverside
Hemet
92544
44083 Palm Avenue
0
W117° 6' 27.7''
N33° 45' 4.1''
Additional Information
Casa Blanca Realty
Lawrence Erickson
$0
6
0 Sqft
$0
20
20
Fairview Ave to Palm Ave
: 220 Volts
$0
: Laminate
0
Palo Verde
: All Bedrooms Down
1
lawrence@casablancapm.com
Cash,Cash to New Loan,Conventional
: Rectangular Lot, Level, Back Yard
$0
Rogich Sig
1
549130020
1
: Standard
1
: House
$0
R-R
SERICLAW
S347
21

Residential

44083 Palm Avenue, Hemet, California92544

6 Bedrooms
6 Bathrooms
3,018 Sqft
$989,000
Listing ID #OC22040075
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : OC22040075
Price : $989,000
Bedrooms : 6
Bathrooms : 6
Square Footage : 3,018 Sqft
Year Built : 1955
Lot Area : 23,522 Sqft
Status : Active
Property Sub Type : Single Family Residence
Agent info
Contact Agent
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