171-189 N. Hemet St Hemet, CA 92544 | 171 N Hemet St
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171-189 N. Hemet St Hemet, CA 92544 171 N Hemet St
10 Unit Block of Flats £1,434,685 (£143,469/Unit) Hemet, CA 92544
Executive Summary
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 | Annual Per SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £1,434,685 | Building Class | C |
| Price Per Unit | £143,469 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 8,000 SF |
| Gross Rent Multiplier | 11.2 | Average Occupancy | 70% |
| No. Units | 10 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Apartment Style | Single Family Home |
| Price | £1,434,685 |
| Price Per Unit | £143,469 |
| Sale Type | Investment |
| Gross Rent Multiplier | 11.2 |
| No. Units | 10 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 70% |
| Number of Floors | 1 |
| Year Built | 1965 |
| Parking Ratio | 1.38/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
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PROPERTY TAXES
| Parcel Number | 551-180-011 | Improvements Assessment | £330,810 |
| Land Assessment | £250,344 | Total Assessment | £581,154 |
PROPERTY TAXES
Parcel Number
551-180-011
Land Assessment
£250,344
Improvements Assessment
£330,810
Total Assessment
£581,154
zoning
| Zoning Code | R3 (Residential) |
| R3 (Residential) |
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New Frontier Realty
171-189 N. Hemet St Hemet, CA 92544 | 171 N Hemet St
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