This well maintained fourplex multi family property features four spacious 1 bedroom, 1 bathroom units, each thoughtfully designed with its own private kitchen, comfortable living room, and functional layout that offers both privacy and convenience for tenants. Each unit provides a welcoming living space filled with natural light, efficient floor plans, and practical kitchens ideal for everyday living, making this property highly attractive to renters and ensuring consistent income potential. This is a fantastic investment opportunity for both seasoned and new investors looking to build wealth through rental income and long term appreciation. Additionally, this property is perfect for first-time homebuyers and VA buyers who want to take advantage of owner occupancy options live comfortably in one unit while renting out the other three to help offset or potentially cover the mortgage payment. Whether you’re looking to expand your real estate portfolio or start your homeownership journey with built-in income, this versatile fourplex offers strong cash flow potential, flexibility, and long-term value in one smart investment.
Property Details
Price:
$535,000
MLS #:
SW26034969
Status:
Pending
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Feb 18, 2026
Finished Sq Ft:
2,080
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1964
See this Listing
Schools
School District:
Hemet Unified
Interior
Bathrooms
4 Full Bathrooms
Cooling
WW
Heating
CF
Laundry Features
IK
Exterior
Community Features
CRB
Parking Spots
3
Financial
Map
Community
- Address229 S Carmalita Hemet CA
- CityHemet
- CountyRiverside
- Zip Code92543
Subdivisions in Hemet
Market Summary
Current real estate data for Single Family in Hemet as of Mar 11, 2026
800
Single Family Listed
79
Avg DOM
197
Avg $ / SqFt
$322,723
Avg List Price
Property Summary
- 229 S Carmalita Hemet CA is a Single Family for sale in Hemet, CA, 92543. It is listed for $535,000 and features 4 beds, 4 baths, and has approximately 2,080 square feet of living space, and was originally constructed in 1964. The current price per square foot is $257. The average price per square foot for Single Family listings in Hemet is $197. The average listing price for Single Family in Hemet is $322,723.
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229 S Carmalita
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