CA > Hemet
Hemet, CA 92544,44083 Palm AVE
Hemet, CA 92544,44083 Palm AVE
Hemet, CA 92544,44083 Palm AVE
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$879,000
Est. payment /mo
0.54 Acres Lot
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25102486

HOA Y/N No

Year Built 1955

Lot Size 0.540 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-R

Interior

Interior Features All Bedrooms Down

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Driveway, Paved

Pool None

Community Features Rural

View Y/N No

View None

Private Pool No

Building

Lot Description Back Yard, Level, Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 549130020

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry, Private Financing Available

Special Listing Condition Standard

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CRMLS – RECore
Listed by Lawrence Erickson Casa Blanca Realty 949-929-7370
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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44083 Palm AVE

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