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$595,000
50 Days On Site

1220 E Campus Way
Hemet, CA 92543

For Sale|Triplex|Pending
0
Beds
0
Total Baths
2,472
SqFt
$241
/SqFt
1956
Built
County:
Riverside
Listed by Kristopher German of RE/MAX 2000 REALTY [email protected]
Call Now: (951) 225-2964
Is this the listing for you? We can help make it yours.
(951) 225-2964
1220 E Campus Way1220 E Campus Way1220 E Campus Way1220 E Campus Way
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Monthly Payment (Est.)

$2,715
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We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated, recent capital improvements include updated electrical systems and newly installed private fencing for all units. (2) of the units have new copper plumbing, new split A/C units, new dual-pane windows, new kitchens, modern flooring—resulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Don’t miss this rare chance to own a great triplex in a high-demand rental corridor This property is part of a 13 unit portfolio for sale in Hemet (additional Duplex see MLS#CV25148384 and 8 units property see MLS#CV25151759)

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Listing Snapshot
Price 
$595,000
Days On Site 
50 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,472 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.219 Acres
Year Built 
1956
MLS® Number 
CV25148426
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
2 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.219
Number Of Stories 
1
Parking 
Driveway
Parking Spaces 
6
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2472
Stories 
One
Utilities 
Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
CI
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Laundry Features 
None
Bedroom 
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Exterior Features
Fencing 
Block
Pool Features 
None
Roof 
Shingle
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
Golf
Horse Property 
Riding Trail
MLS Area 
SRCAR - Southwest Riverside County
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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