Hemet, CA 92544,44083 Palm AVE
Hemet, CA 92544,44083 Palm AVE
Hemet, CA 92544,44083 Palm AVE
$860,000
$879,000 2.2%
Est. payment /mo
0.54 Acres Lot

UPDATED:

Key Details

Sold Price $860,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC25257310

Sold Date 01/16/26

HOA Y/N No

Year Built 1955

Lot Size 0.540 Acres

Property Sub-Type Single Family Residence

Property Description

Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-R

Interior

Interior Features All Bedrooms Down

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Driveway, Paved

Pool None

Community Features Rural

View Y/N No

View None

Private Pool No

Building

Lot Description Back Yard, Level, Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 549130020

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry, Private Financing Available

Financing Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Lawrence Erickson Casa Blanca Realty 949-929-7370
Bought with Darlene Parker FIRST TEAM REAL ESTATE

Nearby School & Business

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Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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