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$980,000
Est. payment /mo
5 Beds
4 Baths
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25083680
Bedrooms 5
HOA Y/N No
Lot Size 10,454 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Description
Exclusive investment opportunity located at 451 Westminster Place in Hemet, California. Constructed in 1991, this property has a total of four units featuring a highly desirable mix of two 2-bedroom units with one & three quarter bathrooms and two 3-bedroom units with one & three quarter bathrooms. The downstairs 2-bedroom units each include direct access to an attached garage with direct entry into the unit, private backyards and in-unit laundry hookups. The upstairs 3-bedroom units offer private balconies, in-unit laundry hookups, and spacious living areas designed for families or those seeking additional room. All units are equipped with central air conditioning and heating, dishwashers, microwaves & gas stoves/ovens. Each unit has individual hot water heaters and is individually metered for gas and electricity. This property is under the West Court Homeowners' Association (HOA). To ensure a visually appealing environment, the HOA maintains front landscaping. Situated in Hemet, a growing city in Riverside County, the property benefits from strong demand in the rental market. The location is less than a mile North of the principal thoroughfare of Florida Avenue, also known as the State Route 74 that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert.
Exclusive investment opportunity located at 451 Westminster Place in Hemet, California. Constructed in 1991, this property has a total of four units featuring a highly desirable mix of two 2-bedroom units with one & three quarter bathrooms and two 3-bedroom units with one & three quarter bathrooms. The downstairs 2-bedroom units each include direct access to an attached garage with direct entry into the unit, private backyards and in-unit laundry hookups. The upstairs 3-bedroom units offer private balconies, in-unit laundry hookups, and spacious living areas designed for families or those seeking additional room. All units are equipped with central air conditioning and heating, dishwashers, microwaves & gas stoves/ovens. Each unit has individual hot water heaters and is individually metered for gas and electricity. This property is under the West Court Homeowners' Association (HOA). To ensure a visually appealing environment, the HOA maintains front landscaping. Situated in Hemet, a growing city in Riverside County, the property benefits from strong demand in the rental market. The location is less than a mile North of the principal thoroughfare of Florida Avenue, also known as the State Route 74 that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert.
Exclusive investment opportunity located at 451 Westminster Place in Hemet, California. Constructed in 1991, this property has a total of four units featuring a highly desirable mix of two 2-bedroom units with one & three quarter bathrooms and two 3-bedroom units with one & three quarter bathrooms. The downstairs 2-bedroom units each include direct access to an attached garage with direct entry into the unit, private backyards and in-unit laundry hookups. The upstairs 3-bedroom units offer private balconies, in-unit laundry hookups, and spacious living areas designed for families or those seeking additional room. All units are equipped with central air conditioning and heating, dishwashers, microwaves & gas stoves/ovens. Each unit has individual hot water heaters and is individually metered for gas and electricity. This property is under the West Court Homeowners' Association (HOA). To ensure a visually appealing environment, the HOA maintains front landscaping. Situated in Hemet, a growing city in Riverside County, the property benefits from strong demand in the rental market. The location is less than a mile North of the principal thoroughfare of Florida Avenue, also known as the State Route 74 that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert.
Location
State CA
County Riverside
Area Riv Cty-Hemet (92545)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $24
Acceptable Financing Cash
Space Rent $1,850
Listing Terms Cash
CFD/Mello-Roos Fee $289
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Listed by Douglas McCauley • MARCUS & MILLICHAP
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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