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40320 Johnston Avenue Hemet, CA 92544
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW24152767
Sold Date 09/27/24
Bedrooms 11
HOA Y/N No
Lot Size 0.700 Acres
Property Description
STRONG CASH FLOW FOUR UNIT PROPERTY WITH $6,280 A MONTH IN RENTAL INCOME ON JUST UNDER AN ACRE. THE FRONT HOUSE HAS FOUR BEDROOMS AND TWO BATHS AND A SEPARATE STUDIO UNIT WITH VAULTED CEILINGS AND A HUGE WOOD BURNING FIREPLACE. ALSO ON THE LOT THERE IS A THREE BEDROOM ONE BATH HOUSE AND ALSO A FOUR BEDROOM ONE BATH HOUSE ALL FULLY RENTED. AT THE BACK END OF THE PROPERTY THERE IS EVEN MORE ROOM TO ADD UP TO TWO ADU'S OR TINY HOUSES (CHECK WITH CITY) FOR EVEN MORE ADDITIONAL INCOME ON THIS CASH FLOW OPPORTUNITY.
STRONG CASH FLOW FOUR UNIT PROPERTY WITH $6,280 A MONTH IN RENTAL INCOME ON JUST UNDER AN ACRE. THE FRONT HOUSE HAS FOUR BEDROOMS AND TWO BATHS AND A SEPARATE STUDIO UNIT WITH VAULTED CEILINGS AND A HUGE WOOD BURNING FIREPLACE. ALSO ON THE LOT THERE IS A THREE BEDROOM ONE BATH HOUSE AND ALSO A FOUR BEDROOM ONE BATH HOUSE ALL FULLY RENTED. AT THE BACK END OF THE PROPERTY THERE IS EVEN MORE ROOM TO ADD UP TO TWO ADU'S OR TINY HOUSES (CHECK WITH CITY) FOR EVEN MORE ADDITIONAL INCOME ON THIS CASH FLOW OPPORTUNITY.
Location
State CA
County Riverside
Area Riv Cty-Hemet (92544)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Story 1
Sewer Septic Installed, Sewer Connected
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $2,400
Listing Terms Cash, Conventional
Financing Conventional
Read Less
Bought with NON LISTED AGENT • San Diego
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