950 N State St, Hemet, CA 92543
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950 N State St Hemet, CA 92543

$6,990,000
  • -- Beds
  • -- Baths
  • 39,796 Sq.Ft.
For Sale
$6,990,000 Get Pre-Qualified

Map preview of 950 N State St, Hemet, CA 92543

Property Overview: 950 N State St Hemet, CA has -- bedrooms, -- bathrooms, 39,796 living square feet and 141,570 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: Courtyard Medical & Professional Center-a 100% Leased ±39.796 square foot medical/professional office on ±3.25AC Land located in the City of Hemet, CA. This Property has 14 service-oriented Long term and stable tenants, 5.5%+ Cap rate, Well suited for Investors, Don't miss it!

Listed by Henry Liu | BRE #01378289 | CBD Investment Inc.
Last checked: 13 minutes ago | Last updated: October 10th, 2023 | Source CRMLS | DOM: 795
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
141,570
HOA Dues
$0/mo
Year built
1981
Garage
--
Property Type:
Office
Status
Active
MLS#
AR22092832
City
Hemet
County
Riverside
Time on Site
837 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 950 N State St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 14
  • Parcel Number: 439090051
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N state street
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Sale History for 950 N State St

Last sold for $1,350,000 on October 28th, 1999
  • June, 2022

  • Jun 4, 2022

    Date

    Active

    CRMLS: AR22092832

    $7,390,000

    Price

  • October, 1999

  • Oct 28, 1999

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

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Tax History for 950 N State St

Assessed Value (2020): $736,633
Year Land Value Improved Value Assessed Value
2020 $133,075 $603,558 $736,633

Home Value Compared to the Market

This property vs the competition

950 N State St is listed 1453.68% 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 $175.65 per/sqft which puts the price per square foot 33.97% lower than the median price per square foot for the city of Hemet.

About 950 N State St

Detailed summary of property

950 N State St is a office located in Hemet, CA 92543 and is currently for sale. This office offers -- bedrooms, -- bathrooms, roughly 39,796 living square feet, and sits on an approximately 141,570 square foot lot. 950 N State St was first listed on ArdentRealEstateGroup.com on June 4, 2022. The homeowner is currently asking $6,990,000 and was originally asking $7,390,000. 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 1453.68% higher than the median priced home. While the average home in Hemet, CA is selling in 76 days, 950 N State St has a days on market of 795 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 950 N 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 950 N State St

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
--
Lot Size
37,897
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
439-090-051

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.