44083 Palm AVE, Hemet, CA 92544

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Listed by Lawrence Erickson, from Casa Blanca Realty
(If provided) CoList: from

Sold listing courtesy of Darlene Parker from

Sold Price
$860,000
List Price
$879,000
Closing Date
Jan 16, 2026
MLS#
CROC25257310
Status
SOLD
Lot Size
23,522
Listing Area
Srcar - Southwest Riverside County

Property Description

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.

Additional Information

Cooling System
Central AC
Floor Covering
Laminate
Garage Parking
Other
Heating System
Forced Air, Gas
Laundry Facilities
Gas Hookup, In Laundry Room, 30, Other
Levels
One Story
Lot Description
Grade - Level
Lot Size
23,522
Neighborhood
Srcar - Southwest Riverside County
Numberof Units
3
Pool Description
None
Sewer
Sewer Available
Unincorporated Yn
Yes

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