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199 N Inez St, Hemet, CA, 92543

$678,000

Home List Price

$8,051*

Closing Credit

0 Baths
Multi

Location

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199 N Inez St, Hemet$678,000

Buyer Closing Credits

$8,051*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1964
HeatingCentral
MLS #IV24236462
Lot Size0.13 Acres
StatusActive

About 199 N Inez St

Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities* Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency. Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION. Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities. Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1

Listing Office:

  • Office Name: Top Producers Realty Partners, Inc.
  • Office Phone: (909) 816-0436
  • Listing Agent: FATOU DIALLO

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: FLORIDA/ NORTH INEZ/ LATHAM

Price Information

Listing Price Info

Price Summary:

  • List Price: $678,000

Tax Information:

  • Annual Amount: $3,018
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hemet, CA.

Med. Sold Price

$449.7K

Med. Price/SqFt

$263

Avg. Days On Market

36

# of Sold Homes

108

199 N Inez St vs Hemet

1 DAY ON ROCKET

-35 Days

$678,000

+$228.2K More

KEY TAKEAWAY

This property is $228.2K more than the Median Sold Price in Hemet, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV24236462

Listing Office:

  • Office Name: Top Producers Realty Partners, Inc.
  • Office Phone: (909) 816-0436
  • Listing Agent: FATOU DIALLO

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2021Home Sold
$450,000
Jun 24, 2015Home Sold
$229,000
Apr 21, 2010Home Sold
$110,000
Jan 23, 2003Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,018$254,258
2020$3,018$251,652
2018$2,866$241,882
2017$2,813$237,140

History based on county public records data.

Payment Calculator

$3,451

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,099

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-960261
3
/10
  • Hemet Elementary School

  • 633 E Kimball Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-960262
3
/10
  • Whittier Elementary School

  • 400 W Whittier Ave

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-960263
3
/10
  • Winchester Elementary School

  • 26866 San Jacinto St

  • 1.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,240. The majority of Hemet, CA residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaRiverside CountyHemet92543199 N Inez St

This home is located at 199 N Inez St in Hemet, CA and zip code 92543. This home, which was built in 1964, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $678,000.

Hemet, CA housing market in October 2024 saw over 44 listings sold above listed price, more than 28 sold at listed price and over 36 sold below. In October 2024 in Hemet, CA there were 1.1% more homes for sale than in September 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $449,770 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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