Property Details
About this Property
This multi-parcel offering includes a fully-leased, 20-unit condominium complex within a gated community, as well as an adjacent 5.41-acre parcel of vacant land, primed for future development. With the potential to expand the site to accommodate up to 98 apartment units (buyer to verify), this property offers both immediate cash flow and significant development potential. Hemet, located in Riverside County, is a rapidly growing city known for its welcoming community and picturesque surroundings. With its strategic location near key Southern California markets and increasing demand for housing, Hemet is undergoing substantial growth and development, making it an ideal environment for real estate investment. The well-maintained property boasts desirable amenities, including a community swimming pool, clubhouse, and secure gated access. Ownership has made substantial capital investments to ensure the property’s condition remains in top form, further enhancing its appeal to both residents and investors. Situated at 3626 W Devonshire Ave, this stable, income-generating asset in the Inland Empire region offers a promising return on investment. Whether you are a first-time investor entering the market, an experienced investor looking to expand your portfolio, or considering a 1
MLS Listing Information
MLS #
CRTR24193765
MLS Source
California Regional MLS
Days on Site
97
Interior Features
Appliances
Other
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Contact Information
Listing Agent
Yuan Le
Ricky&Jessie Realty
License #: 01947274
Phone: –
Co-Listing Agent
Ricky Lee
License #: 01932116
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 20 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3626 W Devonshire Ave is a Residential Income in Hemet, CA 92545. This – square foot property sits on a 1 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,200,000 and was built in 2008. This address can also be written as 3626 W Devonshire Ave, Hemet, CA 92545.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Yuan Le
