44083 Palm Avenue, Hemet, CA 92544 - Berkshire Hathaway HomeServices California Properties

44083 Palm Avenue, Hemet, CA 92544

$899,000 Approx. USD 0 beds, 0 baths

Listing Agent


Lawrence Erickson | lawrence@casablancapm.com
Lic#: 01261483
Broker: Courtesy of Casa Blanca Realty

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Multi-Family)
Status: Active
MLS# OC25102486
Price: $899,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Living Room fireplaces
Built in 1955
1 story
0.54 acres
Lot size: 0.5400
County: Riverside
Zoning: R-R
Interior features: All Bedrooms Down
Appliances: Gas Oven,Gas Range
Parking description: Driveway,Paved
Lot description: Back Yard,Level,Rectangular Lot
Heating/cooling: Central Air
Heating description: Forced Air,Natural Gas
MLS area: SRCAR - Southwest Riverside County

Last Updated: 5/9/2025

 Days On Market (DOM): 47

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This listing belongs to the SRCAR - Southwest Riverside County MLS area

Lat/Long: 33.751123, -116.892307.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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