44083 Palm Avenue, Hemet, CA 92544
Single-family home · 2 recorded sales since 2017
Sold January 2026
Listing Agent: Lawrence Erickson (DRE #01261483) · Listing Office: Casa Blanca Realty · Contact: 949-929-7370 · Bought with: Darlene Parker · FIRST TEAM REAL ESTATE · MLS #OC25257310 · Source: CRMLS
About this single-family home
Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history
