44083 Palm Avenue, Hemet, CA 92544
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley



44083 Palm Avenue,Hemet, CA 92544
$879,000
- - Beds
- - Baths
- 3,018 sq. ft.
- Single family
- Active
Listed by:lawrence erickson
Office:casa blanca realty
MLS#:OC25102486
Source:CRMLS
Price summary
- Price:$879,000
- Price per sq. ft.:$291.25
About this home
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.
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Home facts
- Year built:1955
- Listing Id #:OC25102486
- Added:98 day(s) ago
- Updated:August 13, 2025 at 01:21 PM
Rooms and interior
- Living area:3,018 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1955
- Building area:3,018 sq. ft.
- Lot area:0.54 Acres
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Tap Paid
Finances and disclosures
- Price:$879,000
- Price per sq. ft.:$291.25
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