Keegan Cin | Realtor® | License # DRE 01971604

Property

Hemet, CA 92543 281 N Valley View Drive

281 N Valley View Drive Hemet, CA - Image 1281 N Valley View Drive Hemet, CA - Image 2281 N Valley View Drive Hemet, CA - Image 3
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281 N Valley View Drive Hemet, CA - Image 4281 N Valley View Drive Hemet, CA - Image 5281 N Valley View Drive Hemet, CA - Image 6281 N Valley View Drive Hemet, CA - Image 7
Presented By: ADAM SCHWARZ with EXP REALTY OF CALIFORNIA INC; 951-389-5551
  • MLS# IV25035500
  • 02/18/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • SQFT • 3,900
  • Year Built • 1975

Home Details

Don't miss this incredible 4-unit investment opportunity, each unit offering 2 bedrooms, 1 bathroom, and approximately 950 sq. ft. of living space. In total, the property features 8 bedrooms, 4 bathrooms, and 4 covered carport parking spaces, along with 4 individual storage units. Each unit is designed for comfort, with sliding glass doors leading to private patios. Three units are conveniently located on the ground floor with private patios, while the upstairs unit is situated above the parking structure with its own landing and stair access. Prime location with strong rental potential! Buyers and their agents are advised to verify all records and property details with the city before closing escrow. Schedule a showing today—this income-generating property won’t last long!
Presented By: ADAM SCHWARZ with EXP REALTY OF CALIFORNIA INC; 951-389-5551

Interior Features for 281 N Valley View Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 281 N Valley View Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NYes
CityHemet
Community FeaturesStreetLights
CountyRiverside
DirectionsCross Street: Devonshire
Electric Expense240.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income70000.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet6970.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
Net Operating Income20500.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense49500.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot2
Trash Expense1400.0
Water Sewer Expense5400.0
Waterfront Y/NNo
Year Built1975
Year Built SourceAssessor
ZoningR3

Exterior for 281 N Valley View Drive

Building Area Total3900.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Keegan Cin

Team Lead
Price $750,000
MLS#IV25035500
List Date 02/18/2025
Property Type Multi-Family
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Request Info
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