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171 N Hemet St, Hemet, CA 92544
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171 N Hemet St Hemet, CA 92544

$2,352,000
  • 11 Beds
  • 10 Baths
  • -- Sq.Ft.
For Sale
$2,352,000 Get Pre-Qualified
Map preview of 171 N Hemet St, Hemet, CA 92544

Property Overview: 171 N Hemet St Hemet, CA has 11 bedrooms, 10 bathrooms, -- living square feet and 43,560 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Theses TEN individual homes are a California Landlords dream possession with no common walls between residents. Seven of the units are rented and three are vacant. Five of the units are rented at market value, two need raising and three are vacant. Some units have been renovated. The property is part of a Trust and the seller says submit all reasonable offers. Good photos coming soon.

Listed by David Silverstein | BRE #01300212 | New Frontier Realty
Last checked: 1 minute ago | Last updated: August 21st, 2024 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
43,560
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24427537
City
Hemet
County
Riverside
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 10
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $598
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,530
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,799
  • Total Rent: $1,799
  • Pro Forma/Market Rent: $1,799
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 171 N Hemet St

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Property Details for 171 N Hemet St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 10
  • Parcel Number: 551180011
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Approximately Hemet Street and the 74 Hwy.
View more facts & features

Local Hemet Agent

Sale History for 171 N Hemet St

Last sold for $30,000 on May 2nd, 2017

  • August, 2024

  • Aug 13, 2024

    Date

    Active

    CRMLS: 24427537

    $2,352,000

    Price

  • May, 2017

  • May 2, 2017

    Date

    Sold (Public Records)

    Public Records

    $30,000

    Price

  • April, 2002

  • Apr 26, 2002

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

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Tax History for 171 N Hemet St

Assessed Value (2020): $689,784
Year Land Value Improved Value Assessed Value
2020 $297,138 $392,646 $689,784

Home Value Compared to the Market

This property vs the competition

171 N Hemet St is listed 422.78% higher than the median list price for the city of Hemet which has a median list price of $449,900.

About 171 N Hemet St

Detailed summary of property

171 N Hemet St is a multi family located in Hemet, CA 92544 and is currently for sale. This multi family property offers 11 bedrooms, 10 bathrooms, roughly -- living square feet, and sits on an approximately 43,560 square foot lot. 171 N Hemet St was first listed on ArdentRealEstateGroup.com on August 14, 2024. The homeowner is currently asking $2,352,000. The median priced home in Hemet is $449,900 with a median price per square foot of $266. Based on Ardent Real Estate Group's Hemet Market Data, this home is listed 422.78% higher than the median priced home. Local competing homes currently for sale include 216 W Santa Fe Ave, 2140 Associated Rd and 219 Santa Isabel Ave. While the average home in Hemet, CA is selling in 76 days, 171 N Hemet St has a days on market of 34 days. There are currently 503 homes for sale in the Hemet real estate market and 483 of them are single family homes while 19 of them are condos and 1 are townhomes. For more information on this home for sale at 171 N Hemet St Hemet, CA 92544 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 171 N Hemet St

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
--
Lot Size
43,560
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
4
APN
551-180-011

The source for these homes facts are from public records.

92544 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$475,000
Median List Price/Sq.Ft.
$272
Median Sold Price
$485,000
Median Sold Price/Sq.Ft.
$268
Total Inventory
151
Median Sale to List Price %
97.68%
Avg Days on Market
34
Loan Type
Conventional (30.3%), FHA (42.42%), VA (9.09%), Cash (6.06%), Other (12.12%)

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Hemet Agent
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(714) 706-1823

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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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