44083 Palm Avenue, Hemet, CA 92544

Local realty services provided by:ERA Excel Realty
44083 Palm Avenue,Hemet, CA 92544
$879,000
  • - Beds
  • - Baths
  • 3,018 sq. ft.
  • Single family
  • Active
Listed by: lawrence erickson
Office: casa blanca realty
MLS#:OC25257310
Source:CRMLS

Price summary

  • Price:$879,000
  • Price per sq. ft.:$291.25

About this home

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.

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Home facts

  • Year built:1955
  • Listing ID #:OC25257310
  • Added:190 day(s) ago
  • Updated:November 15, 2025 at 03:47 PM

Rooms and interior

  • Living area:3,018 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1955
  • Building area:3,018 sq. ft.
  • Lot area:0.54 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Tap Paid

Finances and disclosures

  • Price:$879,000
  • Price per sq. ft.:$291.25
Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 2025 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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