675 S San Jacinto Street

    Hemet, CA 92543
    • $2,700,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: CV18132016
    UPDATED: 60 min ago
    $2,700,000
    • 0
      BEDS
    • 1.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,288
      SQFT
    • $177
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    The subject property is 26 units consisting of three single story buildings. The property is individually metered for gas and electricityand has individual hot water heaters. Other features include secured entrance and parking, on-site laundry facility(leased), 26 carport spaces with storage lockers and low maintenance landscaping.Villa La Paz consists of all one-bedroom/ one-bathroom apartment units. The unitsoffer laminated flooring, carpet, ceiling fans, stoves, mini-blinds and private enclosed backyards. In addition,eight units have central air conditioning and eighteen units have window air conditioning and wall heaters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T13:32:54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84241887

    675 S San Jacinto Street Hemet, CA 92543

    • Price: $2,700,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: CV18132016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.08
    Acres
    15,288
    SQFT
    $177
    $/SQFT
    1973
    Built
    Neighborhood:
    223 - Hemet/San Jacinto
    County:
    Riverside
    Area:
    223 - Hemet/San Jacinto
    Property Description
    The subject property is 26 units consisting of three single story buildings. The property is individually metered for gas and electricityand has individual hot water heaters. Other features include secured entrance and parking, on-site laundry facility(leased), 26 carport spaces with storage lockers and low maintenance landscaping.Villa La Paz consists of all one-bedroom/ one-bathroom apartment units. The unitsoffer laminated flooring, carpet, ceiling fans, stoves, mini-blinds and private enclosed backyards. In addition,eight units have central air conditioning and eighteen units have window air conditioning and wall heaters.
    Exterior Features

    Carport Spaces 26.00 Garage Spaces 0.00 Lot Features 26-30 Units/Acre Lot Size Source Assessor Lot Size Units Acres Parking Total 26.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 588 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Area Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.89 Community Features Suburban Country Us Electric Expense 929.00 Elevation Units Feet Fuel Expense 380.00 Gardener Expense 2266.00 Gross Income 253188.00 Gross Multiplier 10.66 Gross Scheduled Income 253188.00 Insurance Expense 3951.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 1639.00 Laundry YN Yes Maintenance Expense 12200.00 Net Operating Income 158958.00 New Taxes Expense 30426.00 Number Of Separate Electric Meters 26 Number Of Separate Gas Meters 26 Number Of Separate Water Meters 1 Operating Expense 90011.00 Other Expense 5400.00 Other Expense Description On-Site Other Income1 1737.00 Pest Control Expense 1151.00 Professional Management Expense 9822.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 90011.00 Trash Expense 4760.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 18726.00 Water Source Public Zoning R1

    Listing provided courtesy of David Covarrubias of Marcus & Millichap and Douglas Mccauley of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T13:32:54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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