1220 E Campus Way, Hemet, CA 92543
Local realty services provided by:ERA Donahoe Realty



1220 E Campus Way,Hemet, CA 92543
$595,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:kristopher german
Office:re/max 2000 realty
MLS#:CV25148426
Source:SANDICOR
Price summary
- Price:$595,000
About this home
We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated, recent capital improvements include updated electrical systems and newly installed private fencing for all units. (2) of the units have new copper plumbing, new split A/C units, new dual-pane windows, new kitchens, modern flooringresulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Dont miss this rare chance to own a great triplex in a high-demand rental corridor This property is part of a 13 unit portfolio for sale in Hemet (additional Duplex see MLS#CV25148384 and 8 units property see MLS#CV25151759)
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Home facts
- Listing Id #:CV25148426
- Added:24 day(s) ago
- Updated:August 19, 2025 at 07:27 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$595,000
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