44083 Palm Avenue
Hemet, CA 92544
- 7 beds
- – baths
- 3,018 sqft
- ~1/2 acre lot
- $297 per sqft
- 1955 build
- – on site
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.
Last checked:
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Last updated May 9, 2025
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MLS# CROC25102486 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1955
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Building Area Units:Square Feet
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Other Equipment:Other
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Building Area Total:3018
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:3018
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Living Area Units:Square Feet
Location
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Directions:Fairview Ave to Palm Ave
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Back Yard
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Parcel Number:549130020
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Zoning:R-R
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Lot Features:Level
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Lot Size Area:0.54
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Lot Size Acres:0.54
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Lot Size SqFt:23522
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:437.01
Beds
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Bedrooms Total:7
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Other Water/Sewer
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/9/25
May 9, 2025
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Listed / Active | BRIDGE | $899,000 | 494.2% (60.2% / YR) |
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7/3/17
Jul 3, 2017
|
Sold | CRMLS_CA | ||
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2/21/17
Feb 21, 2017
|
CRMLS_CA | $151,300 | -33.9% |
