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123-145 N Inez St
Hemet, CA 92543
Multifamily Property For Sale · 28 Units

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INVESTMENT HIGHLIGHTS

  • $115,000 Per Unit
  • Mix of Studios, One-Bedroom & Two-Bedroom Floor Plans
  • Private Front/Back Patio (Selected Units)
  • Minutes' Walk to Downtown Hemet
  • New Vinyl Flooring, New Windows, New Cabinetry (Selected Units)
  • Population In Excess of 172,000 Within a Five-Mile Radius

PROPERTY FACTS

Price Per Unit $158,577 CAD
Sale Type Investment
Cap Rate 6.05%
Gross Rent Multiplier 7.99
No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.05 AC
Building Size 14,240 SF
Average Occupancy 100%
No. Stories 1
Year Built 1968
Parking Ratio 1.55/1,000 SF
Opportunity Zone Yes
Zoning R3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 $1,513 CAD 450
1+1 20 $1,729 CAD 450
2+1 2 $2,178 CAD 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
443-223-008
Land Assessment
$576,757 CAD
Improvements Assessment
$2,932,731 CAD
Total Assessment
$3,509,488 CAD
  • Listing ID: 37627291

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 123-145 N Inez St, Hemet, CA 92543

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