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41816 Acacia, Hemet, CA 92544
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41816 Acacia Hemet, CA 92544

$2,700,000
  • 20 Beds
  • 12 Baths
  • 10,400 Sq.Ft.
For Sale
$2,700,000 Get Pre-Qualified

Property Overview: 41816 Acacia Hemet, CA has 20 bedrooms, 12 bathrooms, 10,400 living square feet and 43,996 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: Long-Term Investment Opportunity in Hemet, California. Welcome to this exceptional long-term investment opportunity in the great city of Hemet, California! This eight-unit multifamily property boasts numerous highlights that make it a fantastic choice for investors seeking a stable income stream: Property Details: Consisting of eight units spread across six well-maintained buildings. Occupancy: Currently, seven of eight units are occupied, w/great rental income. Market Rent: All rented units are at market rates, maximizing the return on investment. Impeccable Maintenance: The property is immaculately maintained, reflecting pride of ownership. Desirable Location: Situated on an expansive lot in a quiet neighborhood, offering a peaceful living environment for tenants. Profitability: With long-term tenants in place, this property is a very profitable investment opportunity. Don't miss out on this chance to own a lucrative income-producing property in a prime location. Contact us today to seize this outstanding investment opportunity in Hemet, California!

Listed by Angel Arreguin | BRE #01804048 | PACIFIC & CO REAL ESTATE SOLUTIONS
Last checked: 7 minutes ago | Last updated: July 5th, 2024 | Source CRMLS | DOM: 3
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Home details

Lot Sq. Ft
43,996
HOA Dues
$0/mo
Year built
1961
Garage
12 Car
Property Type:
Single Family Home
Status
Active
MLS#
CV24136098
City
Hemet
County
Riverside
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,335
  • Total Rent: $2,335
  • Pro Forma/Market Rent: $2,335
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $191,940
  • Net Operating Income: $175,500
  • Gross Operating Income: $191,940
Annual Expense Breakdown
  • Total Operating Expense: $16,500
  • Trash: $0
  • Insurance: $4,400
  • Professional Management: $0

Open Houses for 41816 Acacia

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Property Details for 41816 Acacia

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Gas & Electric Range
Interior Features
  • Ceiling Fan(s), Open Floorplan
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Block, Vinyl
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: 1 Common Wall
  • Total # of Units: 8
  • Parcel Number: 438122037
  • Year Built Source: Public Records
  • Architectural Style: Modern
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East on Florida Ave, turn right and head south on Standford, and turn left on Acacia, on the left side.
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Hemet Agent

Sale History for 41816 Acacia

View property's historical transactions

  • July, 2024

  • Jul 4, 2024

    Date

    Active

    CRMLS: CV24136098

    $2,700,000

    Price

  • May, 2024

  • May 29, 2024

    Date

    Active

    CRMLS: SW24109153

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    This is a charming little complex with 8 unit's total. Water, trash and sewer are includer in the rent. They are very close to shopping and schools. large bedrooms nice size kitchen with lots of cabinetry. Come see for yourself but please make an appointment.

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Tax History for 41816 Acacia

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

41816 Acacia is listed 489.52% higher than the median list price for the city of Hemet which has a median list price of $458,000. The median price per/sqft for Hemet is $266 and this home is listed at $259.62 per/sqft which puts the price per square foot 2.4% lower than the median price per square foot for the city of Hemet.

About 41816 Acacia

Detailed summary of property

41816 Acacia is a single family home located in Hemet, CA 92544 and is currently for sale. This house offers 20 bedrooms, 12 bathrooms, roughly 10,400 living square feet, and sits on an approximately 43,996 square foot lot. 41816 Acacia was first listed on ArdentRealEstateGroup.com on July 4, 2024. The homeowner is currently asking $2,700,000. The median priced home in Hemet is $458,000 with a median price per square foot of $266. Based on Ardent Real Estate Group's Hemet Market Data, this home is listed 489.52% higher than the median priced home. While the average home in Hemet, CA is selling in 77 days, 41816 Acacia has a days on market of 3 days. There are currently 454 homes for sale in the Hemet real estate market and 437 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 41816 Acacia Hemet, CA 92544 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 41816 Acacia

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.

92544 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$495,000
Median List Price/Sq.Ft.
$268
Median Sold Price
$475,000
Median Sold Price/Sq.Ft.
$254
Total Inventory
135
Median Sale to List Price %
100%
Avg Days on Market
41
Loan Type
Conventional (23.81%), FHA (38.1%), VA (23.81%), Cash (9.52%), Other (4.76%)

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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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