1230 Valencia Avenue

    Hemet, CA 92543
    • $499,000
    • STATUS: Active
    • ON SITE: 146 days
    • ID#: IV19070809
    UPDATED: 80 min ago
    $499,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,020
      SQFT
    • $124
      $/SQFT
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Great and easy cash flow opportunity! This Fourplex is a great investment located in the heart of Hemet near shopping centers and the Hemet Valley Mall. The property features; separate electrical meters, separate AC / Furnace, and separate gas meters for each unit. Each unit has their personal parking port. The ground level of property contains three units along with a small laundry facility. The second story of property contains the fourth unit. The property is section 8 approved. All units are currently rented out. BUY IT AND START GETTING THAT CASH FLOW NOW!!! Interior viewing of property is available with an acceptable offer. Sold in its "AS IS CONDITION". Submit all offers as soon as possible and take advantage of this great investment opportunity.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-23T21:37:10.607. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/93196590

    1230 Valencia Avenue Hemet, CA 92543

    • Price: $499,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: IV19070809
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,020
    SQFT
    $124
    $/SQFT
    1975
    Built
    Neighborhood:
    Srcar - Southwest Riverside County
    County:
    Riverside
    Area:
    Srcar - Southwest Riverside County
    Property Description
    Great and easy cash flow opportunity! This Fourplex is a great investment located in the heart of Hemet near shopping centers and the Hemet Valley Mall. The property features; separate electrical meters, separate AC / Furnace, and separate gas meters for each unit. Each unit has their personal parking port. The ground level of property contains three units along with a small laundry facility. The second story of property contains the fourth unit. The property is section 8 approved. All units are currently rented out. BUY IT AND START GETTING THAT CASH FLOW NOW!!! Interior viewing of property is available with an acceptable offer. Sold in its "AS IS CONDITION". Submit all offers as soon as possible and take advantage of this great investment opportunity.
    Exterior Features

    Garage Spaces 4.00 Lot Features Front YardWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features OutsideSee Remarks

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Elevation Units Feet Fuel Expense 312.00 Gross Income 48200.00 Gross Scheduled Income 48200.00 Insurance Expense 1632.00 Land Lease YN No Laundry YN Yes Net Operating Income 23540.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 18660.00 Pest Control Expense 400.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Actual Rent 4050.00 Total Expenses 18660.00 Trash Expense 2340.00 Water Source Public Year Built Source Estimated Zoning R3

    Listing provided courtesy of Rene Iraheta of Keller Williams Riverside Cent


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-23T21:37:10.607. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604