$760,000
$749,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
40320 Johnston AVE Hemet, CA 92544
5,304 SqFt
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,304 sqft
Price per Sqft $143
MLS Listing ID SW24152767
Sold Date 09/27/24
HOA Y/N No
Year Built 1953
Lot Size 0.700 Acres
Acres 0.7
Property Description
STRONG CASH FLOW FOUR UNIT PROPERTY WITH $6,280 A MONTH IN RENTAL INCOME ON JUST UNDER AN ACRE. THE FRONT HOUSE HAS FOUR BEDROOMS AND TWO BATHS AND A SEPARATE STUDIO UNIT WITH VAULTED CEILINGS AND A HUGE WOOD BURNING FIREPLACE. ALSO ON THE LOT THERE IS A THREE BEDROOM ONE BATH HOUSE AND ALSO A FOUR BEDROOM ONE BATH HOUSE ALL FULLY RENTED. AT THE BACK END OF THE PROPERTY THERE IS EVEN MORE ROOM TO ADD UP TO TWO ADU'S OR TINY HOUSES (CHECK WITH CITY) FOR EVEN MORE ADDITIONAL INCOME ON THIS CASH FLOW OPPORTUNITY.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Rooms
Ensuite Laundry Inside, Outside
Interior
Laundry Location Inside,Outside
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside, Outside
Exterior
Fence Block, Vinyl
Pool None
Community Features Storm Drain(s), Street Lights
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Septic Tank, Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 447201006
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Paul Vilchis • Coldwell Banker Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442