8
See all 8 photos
$775,000
Est. payment /mo
8 Beds
4 Baths
4,000 SqFt
New
1287 Olive Tree LN Hemet, CA 92543
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $193
MLS Listing ID 26644685
Bedrooms 8
HOA Y/N No
Year Built 1965
Lot Size 8,276 Sqft
Property Description
Turnkey 4-Plex Investment Opportunity Hemet, CA ! Excellent opportunity to acquire a well-maintained 4-unit income property in Hemet, California, offering an approximate 6% cap rate. This property has seen major recent capital improvements, including a new roof and new A/C units, significantly reducing future maintenance costs and enhancing long-term value. The 4-plex features carport parking, providing added convenience and appeal for tenants. Units are well laid out and positioned to attract consistent rental demand in a growing Inland Empire market. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset. Strong fundamentals, solid cash flow, and major upgrades already completed make this a compelling, low-maintenance investment.
Location
State CA
County Riverside
Area 220 - Sage-Southwest Hemet
Zoning R4
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Controlled Entrance, Detached Carport
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 447173021
Special Listing Condition Standard
Listed by Damien Melle HxP Real Estate, Inc.