171-189 N. Hemet St Hemet, CA 92544 | 171 N Hemet St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
171-189 N. Hemet St Hemet, CA 92544 171 N Hemet St
10 Unit Apartment Building $2,576,329 CAD ($257,633 CAD/Unit) Hemet, CA 92544
EXECUTIVE SUMMARY
This property has been in escrow for a few months but hasn't closed yet because there is a title issue that has recently been fixed and we should be closing soon. We have a new newer lower price. The seller says submit all reasonable offers. These TEN individual homes are a California Landlords dream possession with no common walls between residents. Seven of the units are rented and three are vacant. The three vacant units are very recently renovated. Five of the units are rented at or near market value, two need raising and three are vacant. The property is part of a Trust and the seller says submit all reasonable offers on CAR Forms, Only. The size of the property is unknown and 8000 feet is an estimate. The buyer needs to verify. The gross income is $173,724 and it includes renting the three vacant units for $1,600 each.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,576,329 CAD | Building Class | C |
| Price Per Unit | $257,633 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 8,000 SF |
| Gross Rent Multiplier | 11.2 | Average Occupancy | 70% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Apartment Style | Single Family Home |
| Price | $2,576,329 CAD |
| Price Per Unit | $257,633 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 11.2 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 70% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 1.38/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
1 of 1
PROPERTY TAXES
| Parcel Number | 551-180-011 | Improvements Assessment | $594,385 CAD |
| Land Assessment | $449,807 CAD | Total Assessment | $1,044,192 CAD |
PROPERTY TAXES
Parcel Number
551-180-011
Land Assessment
$449,807 CAD
Improvements Assessment
$594,385 CAD
Total Assessment
$1,044,192 CAD
ZONING
| Zoning Code | R3 (Residential) |
| R3 (Residential) |
1 of 41
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
New Frontier Realty
171-189 N. Hemet St Hemet, CA 92544 | 171 N Hemet St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.