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167 N Carmalita St, Hemet, CA 92543
Image 2 for 167 N Carmalita St, Hemet, CA 92543
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167 N Carmalita St Hemet, CA 92543

$235,888 Sold Price as of 08/18/2021
  • -- Beds
  • -- Baths
  • 1,518 Sq.Ft.
Sold
$235,888 Sold Price as of 08/18/2021 Refinance Your Mortgage
Map preview of 167 N Carmalita St, Hemet, CA 92543

Property Overview: 167 N Carmalita St Hemet, CA has -- bedrooms, -- bathrooms, 1,518 living square feet and 5,662 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity with long-term tenant. Looking for an income producing property that is affordable...welcome to Boy's Burgers in Hemet. This property is being sold by the Trust that holds title and has an approximate Cap Rate of just under 7%. Located at the corner of Carmalita and Latham, this iconic Hemet burger stand is across the street from both the Hemet City Library and the Hemet Police Department.

Listed by Michael Duffy | BRE #01139560 | Coldwell Banker Assoc.Brks-CL
Last checked: 58 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,662
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
SW21154485
City
Hemet
County
Riverside
Time on Site
1015 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $15,600
  • Net Operating Income: $13,192
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $1,848

Property Details for 167 N Carmalita St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Corner Lot, Rectangular Lot, Level, Walkstreet
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Parcel Number: 443232015
  • Year Built Source: Estimated
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Carmalita and Latham; across from Hemet Library and Hemet Police Station.
View more facts & features

Local Hemet Agent

Sale History for 167 N Carmalita St

Last sold for $235,888 on August 18th, 2021

  • September, 2021

  • Sep 7, 2021

    Date

    Active

    CRMLS: SW21197758

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    This is a nice corner lot across from the Hemet Library and Hemet Police station. It is and has been a hamburger stand. The curb appeal is the greatest. In historic down town Hemet, right on bus stop. Long term tenant looking to stay, or make offer to what ever your plan.

  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: SW21154485

    $235,888

    Price

  • Jul 26, 2021

    Date

    Pending

    CRMLS: SW21154485

    $225,000

    Price

  • Jul 15, 2021

    Date

    Active

    CRMLS: SW21154485

    $225,000

    Price

  • July, 1994

  • Jul 31, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 167 N Carmalita St

Assessed Value (2020): $42,628
Year Land Value Improved Value Assessed Value
2020 $22,240 $20,388 $42,628

Home Value Compared to the Market

This property vs the competition

167 N Carmalita St sold on August 18, 2021 for 48.86% lower than the current median sold price for the city of Hemet which is $440,000. The median sold price per/sqft for Hemet is $260 and this home is sold at $148.22 per/sqft which puts the price per square foot 42.99% lower than the current median sale per square foot for the city of Hemet.

About 167 N Carmalita St

Detailed summary of property

167 N Carmalita St is a retail that recently sold in Hemet, CA 92543. This retail property offered -- bedrooms, -- bathrooms, roughly 1,518 living square feet, and sits on an approximately 5,662 square foot lot. 167 N Carmalita St was first listed on ArdentRealEstateGroup.com on July 15, 2021. The homeowner sold the property for $235,888. Home in Hemet are selling for a median price of $440,000 and a median price per square foot of $260. Based on Ardent Real Estate Group's Hemet Market Data, this home is sold 48.86% lower than the current median priced home. While the average home in Hemet, CA is selling in 81 days, 167 N Carmalita St has a days on market of 8 days. There are currently 396 homes for sale in the Hemet real estate market and 379 of them are single family homes while 17 of them are condos and 0 are townhomes. For more information on this home for sale at 167 N Carmalita St Hemet, CA 92543 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 167 N Carmalita St

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
--
Lot Size
5,662
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
443-232-015

The source for these homes facts are from public records.

92543 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$459,990
Median List Price/Sq.Ft.
$276
Median Sold Price
$439,000
Median Sold Price/Sq.Ft.
$279
Total Inventory
118
Median Sale to List Price %
97.56%
Avg Days on Market
46
Loan Type
Conventional (33.33%), FHA (48.48%), VA (3.03%), Cash (12.12%), Other (3.03%)

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Homes for Sale Near 167 N Carmalita St

Nearby Homes for Sale

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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