44083 Palm Avenue, Hemet, CA 92544

Local realty services provided by:Better Homes and Gardens Real Estate Registry
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44083 Palm Avenue,Hemet, CA 92544
$879,000
  • 7 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:lawrence erickson
Office:casa blanca realty
MLS#:OC25102486
Source:SANDICOR

Price summary

  • Price:$879,000

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

  • Listing Id #:OC25102486
  • Added:99 day(s) ago
  • Updated:August 16, 2025 at 01:56 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6

Heating and cooling

  • Cooling:Central Forced Air
  • Heating:Forced Air Unit

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$879,000
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