Keegan Cin | Realtor® | License # DRE 01971604

Property

Hemet, CA 92543 284 N Elk Street

284 N Elk Street Hemet, CA - Image 1284 N Elk Street Hemet, CA - Image 2284 N Elk Street Hemet, CA - Image 3
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284 N Elk Street Hemet, CA - Image 4284 N Elk Street Hemet, CA - Image 5284 N Elk Street Hemet, CA - Image 6284 N Elk Street Hemet, CA - Image 7284 N Elk Street Hemet, CA - Image 8284 N Elk Street Hemet, CA - Image 9284 N Elk Street Hemet, CA - Image 10284 N Elk Street Hemet, CA - Image 11284 N Elk Street Hemet, CA - Image 12284 N Elk Street Hemet, CA - Image 13284 N Elk Street Hemet, CA - Image 14284 N Elk Street Hemet, CA - Image 15284 N Elk Street Hemet, CA - Image 16284 N Elk Street Hemet, CA - Image 17284 N Elk Street Hemet, CA - Image 18
Presented By: Alexander Mercado with Dream House Real Estate; 626-643-4742
  • MLS# AR25089003
  • 04/24/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Full/Half Baths • 1 / 1
  • SQFT • 3,813
  • Garage • 3
  • Year Built • 1970

Home Details

Well maintained property with 4 spacious 900 sq ft ea units. Each unit comes with 2 bedrooms and 1 + 1/5 bathrooms. Front single-story unit# 284 is enhanced with an inviting fireplace in the living room. Units 286 and 288 are two stories with all bedrooms upstairs. The third unit #290 is on the second floor over the garage structure. All units feature central air/heating for all year-round comfort living; Units 284 and 286 have NEW central HVAC units. Units 284,286 and 288 boast a private fenced patio for summer BBQ outing enjoyment. Unit 290 has 1 balcony. All units are in great condition with newer laminating flooring among other upgrades. The property offers income producing central laundry facility. Each unit is individually metered for gas and electricity. Fabulous investment opportunity currently generating a healthy rental income and with potential for future rent increases.
Presented By: Alexander Mercado with Dream House Real Estate; 626-643-4742

Interior Features for 284 N Elk Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringLaminate, Tile
Heating Y/NYes
Interior AmenitiesBalcony, CeilingFans, MultipleStaircases
Laundry FeaturesCommonArea, LaundryRoom
Total Stories2
Window FeaturesScreens

Other Rooms

Entry Level1

General for 284 N Elk Street

AccessibilityParking
Additional Parcels Y/NNo
AppliancesWasher
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityHemet
Community FeaturesBiking, Curbs, StormDrains, StreetLights, Sidewalks
ContingencySubject to 1031 Exchange.
CoolingCentralAir
CountyRiverside
Current FinancingConventional
DirectionsN of Florida/E of Palm
DisclosuresHomeWarranty
Electric Expense120.0
Electric On Property Y/NNo
Entry Locationliving room
Exclusionstenants appliances
Fuel Expense1320.0
Garage Spaces3.0
Garage Y/NYes
Gross Income75600.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Listing TermsCash, Conventional, Exchange1031, FHA
Lot Size Square Feet7841.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income63760.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces1.0
Operating Expense9740.0
Pool FeaturesNone
PossessionClosePlus3Days
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot183
Tenant PaysElectricity, Gas
Total Actual Rent5950.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense6000.0
Waterfront Y/NNo
Year Built1970
Year Built SourceAssessor
ZoningR3

Exterior for 284 N Elk Street

Building Area Total3813.0
Crops Included Y/NNo
Horse Y/NNo
Inclusions1 washer and 1 dryer in laundry room
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.18
Lot Size Area7841.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage, GarageFacesRear, Uncovered
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0

Additional Details

Price History

Justin Hughey

Price $749,900
MLS#AR25089003
List Date 04/24/2025
Property Type Multi-Family
Request Tour
Request Info

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