44083 Palm Avenue, Hemet, CA 92544

Local realty services provided by:ERA North Orange County Real Estate
44083 Palm Avenue,Hemet, CA 92544
$879,000
  • - Beds
  • - Baths
  • 3,018 sq. ft.
  • Multi-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:195 day(s) ago
  • Updated:November 20, 2025 at 12:06 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
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