Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots–over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
Property Details
Price:
$879,000
MLS #:
OC25257310
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Nov 25, 2025
Total Sq Ft:
3,018
Lot Size:
23,522 sqft / 0.54 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Appliances
GO, GR
Cooling
CA
Flooring
LAM
Heating
FA, GAS
Laundry Features
GAS, IR, IN, WH
Exterior
Community Features
RUR
Financial
Map
Community
- Address44083 Palm AV Hemet CA
- CityHemet
- CountyRiverside
- Zip Code92544
Subdivisions in Hemet
Market Summary
Current real estate data for Single Family in Hemet as of Dec 16, 2025
432
Single Family Listed
55
Avg DOM
215
Avg $ / SqFt
$394,222
Avg List Price
Property Summary
- 44083 Palm AV Hemet CA is a Single Family for sale in Hemet, CA, 92544. It is listed for $879,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1955. The average price per square foot for Single Family listings in Hemet is $215. The average listing price for Single Family in Hemet is $394,222.
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Courtesy of Casa Blanca Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.44083 Palm AV
Hemet, CA