1220 E Campus Way, Hemet, CA 92543

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
#1#2#3
1220 E Campus Way,Hemet, CA 92543
$595,000
  • - Beds
  • - Baths
  • 2,472 sq. ft.
  • Multi-family
  • Pending
Listed by:kristopher german
Office:re/max 2000 realty
MLS#:CV25148426
Source:CRMLS

Price summary

  • Price:$595,000
  • Price per sq. ft.:$240.7

About this home

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, recent capital improvements include updated electrical systems and newly installed private fencing for all units. (2) of the units have new copper plumbing, new split A/C units, new dual-pane windows, new kitchens, modern flooring—resulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for 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

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Home facts

  • Year built:1956
  • Listing Id #:CV25148426
  • Added:46 day(s) ago
  • Updated:August 18, 2025 at 07:33 AM

Rooms and interior

  • Living area:2,472 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Roof:Shingle
  • Year built:1956
  • Building area:2,472 sq. ft.
  • Lot area:0.22 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$595,000
  • Price per sq. ft.:$240.7
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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