975 E Oakland Ave, Hemet, CA 92543
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975 E Oakland Ave Hemet, CA 92543

$405,000
  • 4 Beds
  • 2 Baths
  • 1,632 Sq.Ft.
For Sale
$405,000 Get Pre-Qualified

Map preview of 975 E Oakland Ave, Hemet, CA 92543

Property Overview: 975 E Oakland Ave Hemet, CA has 4 bedrooms, 2 bathrooms, 1,632 living square feet and 7,841 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: This property consists of two homes on one lot, each with its own separate address. Each home is approximately 800 sqft and includes two bedrooms, one bathroom, a kitchen area, and a living room. Additionally, each unit has its own attached one-car garage, providing convenient parking for tenants. The back house features a separate yard with alley access, enhancing its appeal and functionality. Overall, this property represents an ideal opportunity for an investor looking to capitalize on dual rental incomes or multi-family housing investments.

Listed by Henry Ayala | BRE #01158947 | Henry Ayala, Broker
Last checked: 12 minutes ago | Last updated: July 26th, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1959
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
DW24149527
City
Hemet
County
Riverside
Time on Site
57 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 975 E Oakland Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 445101042
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: west of San Jacinto
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 975 E Oakland Ave

View property's historical transactions
  • July, 2024

  • Jul 23, 2024

    Date

    Active

    CRMLS: DW24149527

    $405,000

    Price

Tax History for 975 E Oakland Ave

Assessed Value (2020): $189,624
Year Land Value Improved Value Assessed Value
2020 $57,704 $131,920 $189,624

Home Value Compared to the Market

This property vs the competition

975 E Oakland Ave is listed 9.98% lower 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 $248.16 per/sqft which puts the price per square foot 6.71% lower than the median price per square foot for the city of Hemet.

About 975 E Oakland Ave

Detailed summary of property

975 E Oakland Ave is a duplex located in Hemet, CA 92543 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,632 living square feet, and sits on an approximately 7,841 square foot lot. 975 E Oakland Ave was first listed on ArdentRealEstateGroup.com on July 24, 2024. The homeowner is currently asking $405,000. 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 9.98% lower than the median priced home. While the average home in Hemet, CA is selling in 76 days, 975 E Oakland Ave has a days on market of 51 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 975 E Oakland 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 975 E Oakland Ave

Public county record property details
Beds
2
Baths
1
Year built
1959
Sq. Ft.
816
Lot Size
7,840
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
A,7
APN
445-101-042

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.