Turnkey 4-Plex Investment Opportunity Hemet, CA ! Excellent opportunity to acquire a well-maintained 4-unit income property in Hemet, California, offering an approximate 6% cap rate. This property has seen major recent capital improvements, including a new roof and new A/C units, significantly reducing future maintenance costs and enhancing long-term value. The 4-plex features carport parking, providing added convenience and appeal for tenants. Units are well laid out and positioned to attract consistent rental demand in a growing Inland Empire market. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset. Strong fundamentals, solid cash flow, and major upgrades already completed make this a compelling, low-maintenance investment.
Property Details
Price:
$775,000
MLS #:
26644685
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Feb 6, 2026
Finished Sq Ft:
4,000
Total Sq Ft:
4,000
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Exterior
Parking Spots
4
Financial
Maintenance Fee
$2,728
Map
Community
- Address1287 Olive Tree LN Hemet CA
- CityHemet
- CountyRiverside
- Zip Code92543
Subdivisions in Hemet
Market Summary
Current real estate data for Single Family in Hemet as of Feb 16, 2026
711
Single Family Listed
76
Avg DOM
199
Avg $ / SqFt
$320,298
Avg List Price
Property Summary
- 1287 Olive Tree LN Hemet CA is a Single Family for sale in Hemet, CA, 92543. It is listed for $775,000 and features 8 beds, 4 baths, and has approximately 4,000 square feet of living space, and was originally constructed in 1965. The current price per square foot is $194. The average price per square foot for Single Family listings in Hemet is $199. The average listing price for Single Family in Hemet is $320,298.
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1287 Olive Tree LN
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