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4 Beds
4 Baths
2,000 sqft

$749,999

191 N Inez St, HEMET CA, 92543

Price per sqft$375.00
Built in1964
Property size2,000 sqft
Property typeMulti-family

Overview

Active

Listed Aug 26, 2026

Updated 9 days ago

LOCATION, LOCATION, LOCATION Offered at $749,999 with a cap rate of 7.2% The property features four separate apartment units totaling 2,000 square feet of living space, fully fenced with private patios for each unit + 6 parking spaces, providing strong rental income. Two of the four units have undergone major remodels, with Units A & D completely remodeled as of Aug 2026, from top to bottom, new kitchen cabinets, new flooring, new walls, fresh paint, new bathrooms including toilets, vanitiy, fixtures, new closets, front doors, ceiling fans, screens, fresh exterior paint as of Aug 2026 and more! Creating a fresh, modern ambience. This extensive renovation provides a significant advantage for both attracting quality tenants and positioning the property for strong rental income. Located approximately 1 mile from Downtown Hemet and a 7 minute walk from the Hemet Police Dept, a 3 min drive from Hemet Elementary School, and a 3 min drive from Hemet Adult School. This property offers convenient access to shopping, dining, schools, parks, entertainment, and everyday amenities with strong tenants. But wait, there is more! 191 N Inez comes with a pest control contract up to Dec 2026 FULLY PAID. Don t miss this opportunity to own a substantially improved four-unit property in a convenient Hemet location. This four-unit multifamily property presents an excellent opportunity for investors or first time buyers seeking an income-producing asset in an established Hemet location.

$4,990/mo

Est. mortgage payment based on a $749,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SW26190122MR

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$5,650
Tax Frequency
Annually

Listed by Ramiro Jr Montes-Ortiz with Berkshire Hathaway HomeServices California Propert
Listing Contact: 951-942-8241 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Hartleigh Haus shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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