910 E Florida Ave, Hemet, CA 92543
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910 E Florida Ave Hemet, CA 92543

$800,000
  • -- Beds
  • -- Baths
  • 4,500 Sq.Ft.
For Sale
$800,000 Get Pre-Qualified

Property Overview: 910 E Florida Ave Hemet, CA has -- bedrooms, -- bathrooms, 4,500 living square feet and 15,682 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: The 910 Building is located at 910 E. Florida Ave. in Hemet, CA. This well maintained, nine office suite building has maintained a 95% or higher occupancy rate for over 30 years. Situated on a corner lot, the property has excellent street exposure on E. Florida Ave. with high traffic counts. In addition, there is a parking lot entrance/exit on E. Florida Ave and N. Santa Fe Street. There are a total of three single story office buildings, with each building containing three office suites. Each office suite has their own restroom, individually metered for gas & electric, and has a central A/C rooftop unit for each office. All the suites are ± 500 SF, with long term tenants and on month-to-month leases. The 910 Building offers privacy gates for each building and a total of 17 open parking spaces, with 1 being handicap. The current rents are significantly below market and offers an investor an add-value opportunity with increasing rents to the market rate.

Listed by Kevin Struve | BRE #01266441 | MARCUS & MILLICHAP
Last checked: 3 minutes ago | Last updated: July 3rd, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
15,682
HOA Dues
$0/mo
Year built
1980
Garage
--
Property Type:
Office
Status
Active
MLS#
CV24136463
City
Hemet
County
Riverside
Time on Site
77 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 3
  • # of Leased Units: 9
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $6,075
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,900
  • Net Operating Income: $45,561
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 910 E Florida Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 9
  • Parcel Number: 445252029
  • Year Built Source: Public Records
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Corner of E. Florida Ave and N. Santa Fe Street
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Sale History for 910 E Florida Ave

Last sold on October 31st, 1996
  • July, 2024

  • Jul 3, 2024

    Date

    Active

    CRMLS: CV24136463

    $800,000

    Price

  • October, 1996

  • Oct 31, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 910 E Florida Ave

Assessed Value (2020): $663,000
Year Land Value Improved Value Assessed Value
2020 $306,000 $357,000 $663,000

Home Value Compared to the Market

This property vs the competition

910 E Florida Ave is listed 77.82% 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 $177.78 per/sqft which puts the price per square foot 33.17% lower than the median price per square foot for the city of Hemet.

About 910 E Florida Ave

Detailed summary of property

910 E Florida Ave is a office located in Hemet, CA 92543 and is currently for sale. This office offers -- bedrooms, -- bathrooms, roughly 4,500 living square feet, and sits on an approximately 15,682 square foot lot. 910 E Florida Ave was first listed on ArdentRealEstateGroup.com on July 3, 2024. The homeowner is currently asking $800,000. 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 77.82% higher than the median priced home. While the average home in Hemet, CA is selling in 76 days, 910 E Florida Ave has a days on market of 70 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 910 E Florida Ave Hemet, CA 92543 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 910 E Florida Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
15,681
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
22,23
APN
445-252-029

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.