1287 Olive Tree Lane, Hemet, CA 92543

About this property

Turnkey 4-Plex Investment Opportunity Hemet, CA ! Excellent opportunity to acquire a well-maintained 4-unit income property in Hemet, California, offering an approximate 6% cap rate. This property has seen major recent capital improvements, including a new roof and new A/C units, significantly reducing future maintenance costs and enhancing long-term value. The 4-plex features carport parking, providing added convenience and appeal for tenants. Units are well laid out and positioned to attract consistent rental demand in a growing Inland Empire market. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset. Strong fundamentals, solid cash flow, and major upgrades already completed make this a compelling, low-maintenance investment.

Listing description from the February 2026 sale, as reported to CRMLS.

Sale history

$740,000

Sold February 2026 · listed $775,000, on market January 2026 · MLS #26644685 · Source: CRMLS

Listing Agent: Damien Melle · Listing Office: HxP Real Estate, Inc. · Contact: 909-947-9931 · Bought with: Damien Melle · HxP Real Estate, Inc.

$229,000

Sold December 2014 · listed $228,000, on market February 2014 · MLS #PW14040987 · Source: CRMLS

Listing Agent: Nahed Benyamein · Listing Office: Coldwell Banker Allstars · Contact: 562-863-5867 · Bought with: Dana Barnes · Signature Group Realty

Explore Hemet