123 N Inez ST Lot 9
Hemet, CA, 92543
$3,220,000
Beds
0 Baths
0 SqFt
0.91 Acres
Add
MLS #CV25213874 image #0MLS #CV25213874 image #1MLS #CV25213874 image #2MLS #CV25213874 image #3MLS #CV25213874 image #4MLS #CV25213874 image #5MLS #CV25213874 image #6MLS #CV25213874 image #7
The offering consists of multiple duplexes and cottage-style single-story units that were constructed between 1920 to 1968. The buildings sit on a single parcel of 0.91 acres (39,640 square feet) with approximately 200 feet of frontage on North Inez Street (east) and 100 feet of frontage on North Alessandro Street (west). The offering includes six studio/one-bathroom floor plans, twenty one-bedroom/one-bathroom floor plans, and two two-bedroom/one-bathroom floor plans. The buildings offer pitched roofs and were renovated with freshly painted exteriors. Selected units offer new vinyl flooring, new kitchen and bathroom cabinetry, new windows, and a private front/back patio. Each unit is equipped with a wall-unit air conditioning. The majority of units (22) are master metered for utilities. Six units are individually metered for gas, electricity and have individual hot water heaters. For parking, there are approximately twelve open parking spaces and other tandem parking spaces.

The offering is located just north of East Florida Ave, also known as State Route 74, the principle thoroughfare that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert. Major department stores and grocery stores including Walmart, Grocery Outlet, Sprouts, Target, Walgreens, Smart & Final, and Stater Bros. Markets are within three-mile drive from the subject property. In addition, the city of Hemet is surrounded by multiple outdoor and indoor recreational opportunities for all ages including Valley Vista Community Center, Weston Park, Seven Hills Golf Club, and Diamond Valley Lake.

123 North Inez Street is centrally located with only minutes’ walk away from Downtown Hemet. Downtown Hemet is a vibrant community hub of the San Jacinto Valley and a unique destination that attracts tourists with its well preserved and diverse architecture, historic buildings, and small-town charm. It is divided into seven distinct districts or neighborhoods: Downtown Village District, Weston Park District, Transit Oriented District, Hemet Stock Farm District, West Latham District, Kimball Avenue Neighborhood, and Franklin Street Neighborhood. Downtown Hemet takes pride in its local traditions and history, including its agricultural past, the celebrations of the Ramona Pageant, and a rich arts community. The city hosts weekly farmer’s market and street fair that highlights local small businesses, homemade vendors, and local farms.

Property Details

Price:
$3,220,000
MLS #:
CV25213874
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699
Listed Date:
Oct 1, 2025
Total Sq Ft:
12,240
Lot Size:
39,639 sqft / 0.91 acres (approx)
Year Built:
1968
699

Ask a Question

See this Listing

Send
  

Schools

Interior

Laundry Features
NO

Exterior

Community Features
SDW, SL

Financial

Maintenance Fee
$20,000
Net Operating Income
$194,747

Map

Community

Subdivisions in Hemet

Market Summary

Current real estate data for Single Family in Hemet as of Dec 01, 2025
531
Single Family Listed
62
Avg DOM
197
Avg $ / SqFt
$354,247
Avg List Price

Property Summary

    123 N Inez ST Lot 9 Hemet CA is a Single Family for sale in Hemet, CA, 92543. It is listed for $3,220,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1968. The average price per square foot for Single Family listings in Hemet is $197. The average listing price for Single Family in Hemet is $354,247.

Similar Listings Nearby

123 N Inez ST Lot 9
Hemet, CA