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2,000 sqft

$749,999

191 N Inez St, Hemet CA, 92543

Price per sqft$375.00
Built in1964
Property size2,000 sqft
Property typeMulti-family
Listed by Ramiro Jr Montes-Ortiz CA DRE# 02248010 with Berkshire Hathaway HomeServices California Properties 951-942-8241

Overview

Active

Listed Sep 10, 2026

Updated 11 days ago

LOCATION, LOCATION, LOCATION Offered at $749,999 with a cap rate of 7.2% The property features four separate apartment units totaling 2,000 square feet of living space, fully fenced with private patios for each unit + 6 parking spaces, providing strong rental income. Two of the four units have undergone major remodels, with Units A & D completely remodeled as of Aug 2026, from top to bottom, new kitchen cabinets, new flooring, new walls, fresh paint, new bathrooms including toilets, vanitiy, fixtures, new closets, front doors, ceiling fans, screens, fresh exterior paint as of Aug 2026 and more! Creating a fresh, modern ambience. This extensive renovation provides a significant advantage for both attracting quality tenants and positioning the property for strong rental income. Located approximately 1 mile from Downtown Hemet and a 7 minute walk from the Hemet Police Dept, a 3 min drive from Hemet Elementary School, and a 3 min drive from Hemet Adult School. This property offers convenient access to shopping, dining, schools, parks, entertainment, and everyday amenities with strong tenants. But wait, there is more! 191 N Inez comes with a pest control contract up to Dec 2026 FULLY PAID. Don’t miss this opportunity to own a substantially improved four-unit property in a convenient Hemet location. This four-unit multifamily property presents an excellent opportunity for investors or first time buyers seeking an income-producing asset in an established Hemet location.

$4,990/mo

Est. mortgage payment based on a $749,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SW26190122

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$5,650
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Ramiro Jr Montes-Ortiz CA DRE# 02248010 with Berkshire Hathaway HomeServices California Properties 951-942-8241

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/27/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/27/2026 at 3:16 AM UTC Last Checked: 3:16 AM UTC

 

 

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