1890 S State St, Hemet, CA 92543
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1890 S State St Hemet, CA 92543

$2,500,000
  • 24 Beds
  • 12 Baths
  • 6,000 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified

Property Overview: 1890 S State St Hemet, CA has 24 bedrooms, 12 bathrooms, 6,000 living square feet and 353,272 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: Four units producing $4000 a month. Additional units may be added. Perfect location for development (Gas Station, Shopping Center, Gated Senior Community, Recreation, etc, etc..Gorgeous breathtaking views of Diamond Valley and South Hemet. Large buildable 24 acres up against the hillside with numerous pad locations. All utilities to the property. Currently 2 structures on the property and multiple pads for additional building sites. First structure is a 2 bedroom 1 bath manufactured home. Second structure is a barn with a habitable area inside. Huge potential for subdivision or possible school site right across from McSweeney Elementary. In the path of development. Listing includes 3 parcels: 1890 S State St, Hemet Ca 92543 APN# 451-150-008 (8.11 Acres), 2000 S State St, Hemet Ca 92543 APN# 451-150-034 (7.97 Acres), 27700 S State St, Hemet Ca 92543 APN# 451-150-027 (7.89 Acres).Seller is motivated. Submit an offer today.

Listed by Matt McPherson | BRE #01362837 | Coleman and Associates
Last checked: 14 minutes ago | Last updated: June 19th, 2024 | Source CRMLS | DOM: 1359

Home details

Lot Sq. Ft
353,272
HOA Dues
$0/mo
Year built
1946
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
SW20261432
City
Hemet
County
Riverside
Time on Site
1337 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 6
  • # of Baths: 3
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 1890 S State St

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Property Details for 1890 S State St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Agricultural, Greenbelt, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Pasture, Rocks, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 451150008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North from Domenigoni Expressway and State St. Property is on the right/east side.
Neighborhood Information
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Mountainous, Rural, Valley
View more facts & features

Local Hemet Agent

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Sale History for 1890 S State St

View property's historical transactions
  • July, 2021

  • Jul 20, 2021

    Date

    Price Change

    CRMLS: SW20261432

    $2,100,000

    Price

  • Dec 22, 2020

    Date

    Active

    CRMLS: SW20261432

    $2,000,000

    Price

Tax History for 1890 S State St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1890 S State St is listed 455.68% higher than the median list price for the city of Hemet which has a median list price of $449,900. The median price per/sqft for Hemet is $266 and this home is listed at $416.67 per/sqft which puts the price per square foot 56.64% higher than the median price per square foot for the city of Hemet.

About 1890 S State St

Detailed summary of property

1890 S State St is a multi family located in Hemet, CA 92543 and is currently for sale. This multi family property offers 24 bedrooms, 12 bathrooms, roughly 6,000 living square feet, and sits on an approximately 353,272 square foot lot. 1890 S State St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner is currently asking $2,500,000 and was originally asking $2,000,000. 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 455.68% higher than the median priced home. While the average home in Hemet, CA is selling in 76 days, 1890 S State St has a days on market of 1359 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 1890 S State 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 1890 S State St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$430,000
Median List Price/Sq.Ft.
$279
Median Sold Price
$475,000
Median Sold Price/Sq.Ft.
$290
Total Inventory
157
Median Sale to List Price %
97.37%
Avg Days on Market
47
Loan Type
Conventional (21.28%), FHA (53.19%), VA (17.02%), Cash (6.38%), Other (2.13%)

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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.