Hemet, CA 92543 1015 E Oakland Avenue
$399,900
Pending
Presented By: Jennifer Murphy with Coldwell Banker Assoc.Brkr-Mur; 951-634-5845
Beds • 4
Full/Half Baths • 3 / 1
SQFT • 2,250
Garage • 2
Year Built • 1967
Home Details
Great Investment Opportunity – Two Homes on One Lot! Rarely available, this unique property offers two separate homes on a single lot, making it a prime investment opportunity or an ideal multi-family living arrangement. Whether you are looking to live in one home and rent the other for additional income, rent both units, or renovate to maximize value, this property presents endless possibilities! The front home, 1015 E. Oakland, is a spacious 2-bedroom, 2-bathroom residence featuring 1,287 square feet of living space, a one-car garage, and plenty of potential to make it your own. The back home, 1017 E. Oakland, is a cozy 2-bedroom, 1.5-bathroom home with 888 square feet, a one-car garage, and convenient alley access. Both homes have separate gas and electric meters, providing flexibility for tenants or homeowners. While both homes could use a little TLC, this is the perfect opportunity to add value and customize to your liking. Located in the heart of Hemet, this property is close to schools, shopping, dining, and other amenities. Don't miss out on this rare chance to own a versatile income-generating property in a prime location!
Presented By: Jennifer Murphy with Coldwell Banker Assoc.Brkr-Mur; 951-634-5845
Interior Features for 1015 E Oakland Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringCarpet, Vinyl
Heating Y/NYes
Laundry FeaturesInGarage
Total Stories1
Other Rooms
Entry Level1
General for 1015 E Oakland Avenue
Additional Parcels Y/NNo
AppliancesElectricOven, GasRange, GasWaterHeater
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityHemet
Community FeaturesCurbs, Gutters
Contingency1015 (front unit) is currently rented at $950/month. 1017 (rear unit) is currently rented at $545/month. Tenants would like to remain, but have been given notice of the intent to sell. After buyer per
CoolingCentralAir
CountyRiverside
Current FinancingNone
DirectionsSanta Fe and San Jacinto
Electric On Property Y/NNo
Entry Location1
Garage Spaces2.0
Garage Y/NYes
Gross Income17940.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031, FHA, FannieMae, FreddieMac, Submit
Lot Size Square Feet7841.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
Net Operating Income17840.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense1000.0
Other StructuresTwoOnALot
Pool FeaturesNone
PossessionCloseOfEscrow, Negotiable, SeeRemarks
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusPending
StatusPending
Stories1
Tax LotA
Tenant PaysAllUtilities
Trash Expense1200.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
ViewNeighborhood
Water Sewer Expense2400.0
Year Built1967
Year Built SourceAssessor
ZoningR2
Exterior for 1015 E Oakland Avenue
Building Area Total2250.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsConcretePerimeter, Raised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CornersMarked, FrontYard, Level, StreetLevel, Yard
Lot Size Acres0.18
Lot Size Area7841.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAssigned, Concrete, DirectAccess, DrivewayLevel, DoorSingle, Driveway, GarageFacesFront, Garage, Private, GarageFacesRear
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking2.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
