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Sold for $550,000 · Sep 2017

SOLD

Listed at $595,000

Sold

1250 W Latham Avenue, Hemet, CA 92543

Hemet, CA

MLS# SW17140955

4,200 Sq Ft • Apartment
63 days on market

Listing Agent

Erum Balouch

Listing Agent

EZ Realty & Property Managemen

DRE #: 01483447

Brokerage: EZ Realty & Property Managemen

Property Details

N/A

Bedrooms

N/A

Bathrooms

4,200 sqft

Square Feet

1970

Year Built

0.28 acres

Lot Size

$131

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

Investors Dream Property $85000 per unit. There are total of 7 one bedroom apartments. All single story except one bedroom apartment upstairs. Steady Cash Flow, below market rents room to increase rents, Low Tax Rate Area, Easy to main. These 7 units each have their own Gas and electric Meter. Water is on two meters for each side of building. 6 units have private back yards. Gated Property all seven units are located in one gated court yard community. This property is spread over two parcels. Both Parcels and all seven units to be conveyed together. Close to Hemet Mall, Social Security Administration office. Near By properties such as Devonshire Apartments is renting their one bedroom units at $995. Highly desirable. Covered Carport parking. Easy to maintain landscaping with water conservation landscape.

Listing description from the September 2017 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1

Sale history for 1250 W Latham Avenue

2 recorded sales

$550,000
Sold September 2017 · listed $595,000, on market June 2017, 63 days on market · MLS #SW17140955 · Source: CRMLS
Listing Agent: Erum Balouch · Listing Office: EZ Realty & Property Managemen · Contact: 951-929-3201 · Bought with: JOHN SAUNDERS · REACTION REALTY
$195,000
Sold January 2015 · listed $228,500, orig. $283,900, on market June 2014, 181 days on market · MLS #SW14133394 · Source: CRMLS
Listing Agent: Lynn Wiley · Listing Office: Vogler Feigen Realty, Inc. · Contact: 951-929-5181 · Bought with: ERUM BALOUCH · EZ Realty & Property Managemen

How this sale compares

1250 W Latham Avenue sold for $550,000 in September 2017, 7.6% under its $595,000 list price, after 63 days on the market. Across 339 closed sales in 92543 over the last 12 months, the median sold price is $265,000 and the median is $206 per square foot.

$206
92543 median per sq ft (12 mo)
$265,000
92543 median sold price (12 mo)
339
Closed sales in 92543 (12 mo)
63
Days on market
−7.6%
Sold vs. list price
QuarterClosed sales in 92543Median sold price
Q1 202628$342,500
Q2 2026130$282,450
Q3 2026136$260,000
Q4 202645$215,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Hemet · Homes for sale in 92543

Recent sales near 1250 W Latham Avenue

Closed sales reported in 92543, nearest first, last 12 months. All recent sales in Hemet →

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